Perspectives on climate change & coffee Tim Faveri, Director Sustainability and Responsibility Tim Hortons Inc. Semana Internacional do CafĂŠ Belo Horizonte, September 2012
Tim Hortons Inc.
Founded in 1964; One of North America’s largest quick service restaurant chains, with over 4,000 restaurants; In Canada, we own a 42% share of the quick service restaurant traffic; More than 60% of our guests visit us 3 times or more every two weeks; 8 out of 10 take-out cups of coffee in Canada; Vertically integrated: 2 coffee roasting plants, fondant and fills manufacturing; 5 distribution centres; 99.9% of restaurants are franchised; Tim Hortons Children’s Foundation operates 6 children’s camps for economically disadvantaged children.
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SR Reporting, Disclosure and Transparency
Dow Jones Sustainability (North American) Index (DJSI) 1 (2011/2012); Carbon Disclosure Project (CDP) Leadership Index (2011/2012); Global Reporting Initiative (GRI) B+ Reporter; 50 Most Socially Responsible organizations in Canada by Maclean's magazine (2013); 50 Best Corporate Citizens in Canada by Corporate Knights (2013); International ARC Reporting Awards (Silver) for Sustainability Reporting (2011/2012).
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North American DJSI lists the top 20% of the 600 largest Canadian and American companies in the Dow Jones Global Total Stock Market Index
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Climate change related shareholder resolutions in North America (2011-2013)
Ceres tracks shareholder resolutions on sustainability-related issues; Resolutions are filed by some of the nation’s largest public pension funds, foundations, and religious, labor and socially responsible investors; Between 2011-2013 there were 24 Shareholder resolutions for Food & Beverage Companies; 21 (87%) were related to climate change issues:
Climate change risk in the supply chain; Palm oil sourcing and policies; Water risk in the supply chain; Deforestation; Biodiversity; Greenhouse gas emissions and reporting.
http://www.ceres.org/investor-network/resolutions
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Mitigation measures
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Adaptation measures
Leadership Energy Environmental Design (LEED)TM Certified buildings; Real estate location; Commodity supplier surveys and risk assessments (supply, quality); Tim Hortons Coffee Partnership and coffee & climate; Empowering the small holder farmer.
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