Canadian Tire
Retailer
This major Canadian retailer operates 1,700 retail stores under various banners throughout Canada. Acquired Helly Hansen in 2018.

Overall

Owned CAN
Rating D
About the Ratings
Canadian Tire Corporation Ltd
CAN

Company Assessment

(Last updated Aug 2024)
Canadian Tire Corporation Ltd
Criticism
D in toxic chemical ranking
In 2021 the Mind the Store campaign ranked 50 of the largest retailers in North America on their efforts to eliminate toxic chemicals from consumer products. This company received a grade of D.
37/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 37/100 in the Retailing category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 27 Oct 2023). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Information
Failure to sign International Accord
This company has been called out by the Clean Clothes Campaign (CCC) for not signing the International Accord for Health and Safety in the Textile & Garment Industry. All of the brands that have not yet signed the Accord continue to put workers' lives at risk and CCC urge them to sign on as soon as possible.
Price fixing in Canada
In 2012 three companies were fined for fixing the price of gasoline in Kingston and Brockville, Canada between May and November in 2007. The Competition Bureau says Pioneer Energy, Canadian Tire Corporation and Mr. Gas pleaded guilty to the charges. Canadian Tire was fined $900,000. [Listed under Information due to age of court finding]
Transparency Pledge
The Apparel and Footwear Supply Chain Transparency Pledge (Transparency Pledge) helps demonstrate apparel and footwear companies' commitment towards greater transparency in their manufacturing supply chain. Transparency of a company's manufacturing supply chain better enables a company to collaborate with civil society in identifying, assessing, and avoiding actual or potential adverse human rights impacts. This is a critical step that strengthens a company's human rights due diligence. This company is not aligned with the Transparency Pledge and has made no commitment to publish supplier factory information.
Alliance for Bangladesh Worker Safety member
This company is a member of the Alliance for Bangladesh Worker Safety, a legally binding, five-year commitment to improve safety in Bangladeshi ready-made garment factories. The Alliance aims to improve worker safety in the Bangladesh garment industry by upgrading factories, educating workers and management, empowering workers, and building institutions that can enforce and maintain safe working conditions throughout Bangladesh. However it lacks an important enforcement mechanism included in the Accord on Fire and Building Safety in Bangladesh, and unlike the Accord, the Alliance has not received the endorsement of the ILO.
Sustainability claims
This company has a number of sustainability claims on its website.
amfori BSCI member
This company is a member of the amfori Business Social Compliance Initiative (BSCI), an industry-driven movement that aims to monitor and assess workplace standards across the global supply chain. Participating companies are expected to follow a code of conduct which has 11 principles including no bonded labour, no child labour, fair renumeration, decent working hours and ethical business behavior.
CDP Climate Change score of C
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of C.
Source: CDP (2023)

Company Details

Type:
Public company
Revenue:
12.7 billion USD (2016)
Employees:
58,000 (2016)
Subsidiaries:
Helly Hansen AS
Outdoor wear
Founded in 1877 making utility wear for survival, work and sport. After several ownership changes it was acquired by Canadian Tire in 2018.

Contact Details

Address:
Toronto, Ontario, Canada
Website:
corp.canadiantire.ca

Products / Brands

Helly Hansen
Helly Hansen Outdoor Wear