Tim Hortons recognized for Climate Change Transparency with CDP Leadership
OAKVILLE, ON, Oct. 7, 2013 /CNW/ - Tim Hortons announced today that for the
second consecutive year it has been included in the Canadian Carbon Disclosure
Project's (CDP) Canada 200 Climate Disclosure Leadership Index (CDLI). The
achievement was announced in the CDP Canada 200 Climate Change Report 2013,
which tracks how Canada's largest listed companies are acting in response to a
changing climate and recognizes various organizations for their approach to
environmental information disclosure.
According to CDP, Tim Hortons high score and inclusion in the CDLI report
indicate the provision of robust climate data and a good understanding of
climate change-related issues affecting the company.
"We are constantly striving to reduce our environmental footprint and manage
emissions as part of our commitment to environmental responsibility," said
Scott Bonikowsky, vice president, Corporate, Public & Government Affairs, Tim
Hortons. "We believe that our focus on sustainability benefits the communities
in which we operate and we are honored to once again be included in CDP's
Climate Disclosure Leadership Index."
The CDLI comprises the organizations that achieved a score within the top 10
per cent of the sample assessed. In 2013, the Canada 200 CDLI comprises 21
companies. The Index is also an essential database for investors to assess a
company's environmental practices. The CDP represents 722 institutional
investors with $82 trillion in assets.
About Tim Hortons Inc. Tim Hortons is one of the largest publicly-traded
restaurant chains in North America based on market capitalization, and the
largest in Canada. Operating in the quick service segment of the restaurant
industry, Tim Hortons appeals to a broad range of consumer tastes, with a menu
that includes premium coffee, espresso-based hot and cold specialty drinks
(including lattes, cappuccinos and espresso shots), specialty teas and fruit
smoothies, fresh baked goods including our trademark donuts, grilled Panini
and classic sandwiches, wraps, soups, prepared foods and other food products.
As of June 30th, 2013, Tim Hortons had 4,304 system-wide restaurants,
including 3,468 in Canada, 807 in the United States and 29 in the Gulf
Cooperation Council. More information about the Company is available at
www.timhortons.com. Follow Tim Hortons on Twitter: www.twitter.com/timhortons.
SOURCE Tim Hortons
Alexandra Cygal, Tim Hortons 905-339-5960,firstname.lastname@example.org
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