Canadian Tire Corporation Ltd
Canadian Tire's GHG Emissions Data Preview
In 2023, Canadian Tire completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Canadian Tire has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Verified Sources Behind Canadian Tire’s Greenhouse Gas (GHG) Emissions Data
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Insights into Canadian Tire's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Canadian Tire amounted to 91,324 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Canadian Tire decreased by 4.25%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Canadian Tire's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Canadian Tire's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Canadian Tire were 60,883 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), Canadian Tire's Scope 1 emissions decreased by 8.17%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Canadian Tire's Scope 2 emissions?
In 2023, Canadian Tire reported Scope 2 greenhouse gas (GHG) emissions of 31,512 tCO₂e using the market-based method and 30,441 tCO₂e using the location-based method. a
Has Canadian Tire reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Canadian Tire's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Canadian Tire 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Canadian Tire use for Scope 2 reporting?
In 2023, Canadian Tire reported its Scope 2 emissions using the market-based method and using the location-based method. a
Canadian Tire's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Canadian Tire's Value Chain Emissions
In 2023, Canadian Tire reported 6,493,682 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Canadian Tire includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Canadian Tire's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Canadian Tire's Scope 3 emissions?
In 2023, Canadian Tire reported total Scope 3 emissions of 6,493,682 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 43.93% of these emissions originated from upstream activities such as purchased goods and capital goods, while 56.07% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Canadian Tire's Scope 3 emissions increased by 79.27%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Canadian Tire disclose?
In 2023, Canadian Tire reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Canadian Tire's Scope 3 emissions?
In 2023, the largest contributors to Canadian Tire's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 3,511,028 tCO₂e (54.07%)
- Purchased Goods and Services (Cat. 1): 2,673,513 tCO₂e (41.17%)
- Upstream Transportation and Distribution (Cat. 4): 155,390 tCO₂e (2.39%)
Canadian Tire's Scope 3 Emissions by Categories
Insights into Canadian Tire’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Canadian Tire reported Scope 1 greenhouse gas (GHG) emissions of 60,883 tCO₂e and total revenues of USD 12,581 millions. This translates into an emissions intensity of 4.84 tCO₂e per millions USD. a
Canadian Tire's Scope 1 Emissions Intensity Compared to Peers
How does Canadian Tire's GHG emissions intensity compare to its peers?
In 2023, Canadian Tire reported a Scope 1 emissions intensity of 4.84 tCO₂e per millions USD. Compared to the peer group median of 2.26, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Canadian Tire rank on GHG emissions intensity within its industry?
In 2023, Canadian Tire ranked 19 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Canadian Tire among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into Canadian Tire's Total Carbon Footprint
In 2023, Canadian Tire reported a total carbon footprint of 6,585,006 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 77.13% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Canadian Tire's total carbon footprint was Scope 3 emissions, accounting for 98.61% of the company's total carbon footprint, followed by Scope 1 emissions at 0.92%. a