Climate Change Data

Alimentation Couche-Tard Inc.

Climate Impact & Sustainability Data (2022-04-25 to 2023-04-30, 2023-05-01 to 2024-04-28, 2024 (May 1, 2023 to April 28, 2024))

Reporting Period: 2022-04-25 to 2023-04-30

Environmental Metrics

Total Carbon Emissions:765,486 tCO2e/year
Scope 1 Emissions:121,557 tCO2e/year
Scope 2 Emissions:643,930 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:9.52% (renewable liquid fuels)
Total Energy Consumption:2,648,834 MWh/year
Water Consumption:10,287 Megalitres/year
Waste Generated:Not disclosed
Carbon Intensity:68.5 tCO2e per site

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Workplace Safety
  • Responsible Procurement
  • Community Engagement

Environmental Achievements

  • Reduced the GHG footprint of fuel offer by 12% (compared to FY20)
  • Increased renewable liquid fuels share to 9.52% in volume sold
  • Offset 200,000 tons of CO2 through carbon offset pilots
  • Reduced electricity consumption per site by 20%
  • Increased sustainable food packaging by 25%
  • Eliminated 14 million plastic straws in Canada
  • Saved almost 1 million meals through Too Good To Go partnership
  • Installed water recycling units at over 30 locations, saving 217 million liters of water per year

Social Achievements

  • Received Gallup Exceptional Workplace Award for the second year in a row
  • Achieved 50% reduction in store robberies in four business units since 2020
  • Launched Kindness Day in Europe to combat harassment
  • Reached 39% female representation on the Executive Leadership team
  • Increased racially diverse groups within VP positions to 18% in the U.S.
  • Implemented a Safety and Security program to improve store safety, investing $9.1 million

Governance Achievements

  • Featured as one of Sustainalytics Top Rated ESG Companies for 2023
  • Received MSCI ESG AA rating
  • Received EcoVadis Bronze medal for efforts in Europe
  • Received Bronze-level Parity CertificationTM by Women in Governance
  • Implemented a new supplier code of conduct including sustainability expectations

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Be 10% greater than global legislation on renewable fuel by 2030
  • Achieve carbon neutrality at 30% of sites by 2030
Short-term Goals:
  • Reduce GHG footprint of fuel offer by 12% by 2025
  • Reduce electricity consumption by 20% per site by 2025
  • 50% decrease in robberies and work-related injuries by 2025
  • 35% women directors & up by 2025

Environmental Challenges

  • Extreme weather events
  • Tight labor market
  • Inflationary pressures
  • Supply chain constraints
  • High fuel and energy prices
  • War in Ukraine impacting European operations
  • Customer harassment of employees
Mitigation Strategies
  • Energy-saving initiatives in Europe (reduced energy demand by 10-20%)
  • Expanding renewable fuel offerings (HVO, milesBIO HVO100)
  • Expanding EV charging networks
  • Implementing energy management systems
  • Investing in carbon reduction projects
  • Implementing anti-harassment programs and Kindness Day
  • Upgrading store security hardware
  • Developing alternative sourcing strategies
  • Implementing a standardized root cause investigative program for workplace injuries

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • New requirements in all contracts with Circle K private-brand and packaging suppliers
  • New supplier code of conduct
  • Onboarding and approval requirements for strategic suppliers in Europe (to be expanded globally)

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (hurricanes, wildfires, heatwaves)
  • Rising sea levels
  • Supply chain disruptions
Transition Risks
  • Reduced demand for liquid fuel
  • Increased demand for EV charging infrastructure
  • Slow electrification of heavy-duty transport
Opportunities
  • Increased demand for EV charging infrastructure
  • Increased demand for biofuel in heavy-duty transport

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Increased sustainable fuel offerings
  • EV charging infrastructure
  • Sustainable food packaging

Awards & Recognition

  • Sustainalytics Top Rated ESG Companies
  • MSCI ESG AA rating
  • EcoVadis Bronze medal
  • Women in Governance Bronze-level Parity Certification
  • Gallup Exceptional Workplace Award

Reporting Period: 2023-05-01 to 2024-04-28

Environmental Metrics

Total Carbon Emissions:152,705,786 tCO2e/year (Scope 3) + 173,458 tCO2e (Scope 1) + 674,834 tCO2e (Scope 2)
Scope 1 Emissions:173,458 tCO2e/year
Scope 2 Emissions:674,834 tCO2e/year
Scope 3 Emissions:152,705,786 tCO2e/year
Total Energy Consumption:2,701,245 MWh/year
Water Consumption:11,273 megaliters/year

ESG Focus Areas

  • Fuel
  • Energy
  • Diversity & Inclusion
  • Packaging & Waste
  • Workplace Safety
  • Community Engagement
  • Data and Cybersecurity
  • Responsible Marketing

Environmental Achievements

  • Installed new Water Recycling units at 29 locations in North America, saving an estimated 217.3 million liters of water per year
  • Upgraded Water Reclaim systems at 24 locations in Europe
  • All new car washes in Ireland include water recycling systems, recycling up to 80% of water

Social Achievements

  • Developed a standardized root cause investigative program for employee injuries in North America
  • Implemented a common framework for a safe working environment (WEAT audit) in Europe
  • Created a harassment combat framework in Norway with a simplified QR-based reporting mechanism
  • 4,295 store managers completed the Store Manager Leadership Development program
  • Over 24,000 team members used the Circle K Safety Star training app 436,000 times

Governance Achievements

  • Board of Directors oversees targets, programs, risks, performance, and reporting
  • Significant portion of executive team’s STIP compensation linked to sustainability goals
  • HR&CG Committee reviews and advises the Board on key items for approval, including climate-related commitments and sustainability report

Climate Goals & Targets

Environmental Challenges

  • Reducing GHG emissions across Scope 1, 2, and 3
  • Managing climate-related risks and opportunities
  • Addressing workplace safety incidents
Mitigation Strategies
  • Revised goals to align with reducing own emissions and supporting customers in moving toward a lower carbon emissions environment
  • Completed a screening-level assessment to better understand relevant Scope 3 emission categories
  • Continuously improving HSE programs, procedures, training, and facilities
  • Implementing standardized root cause investigative programs for incidents causing employee injury
  • Deploying country-specific programs to address harassment and assault

Supply Chain Management

Responsible Procurement
  • Due diligence process to understand and assess supplier programs; clauses on environmental issues, safety, security, and ethics in US and Canada; supplier declaration in Europe

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Reporting Period: 2024 (May 1, 2023 to April 28, 2024)

Environmental Metrics

Total Carbon Emissions:848,293 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:173,458 tCO2e/year
Scope 2 Emissions:674,834 tCO2e/year
Scope 3 Emissions:152,705,786 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:2,701,245 MWh/year
Water Consumption:11,273 Megaliters/year (North America and Hong Kong)
Waste Generated:Not disclosed
Carbon Intensity:70.4 tCO2e per site in 2024

ESG Focus Areas

  • Planet
  • People
  • Prosperity

Environmental Achievements

  • Exceeded 2025 goal with 32% of packaging portfolio by weight meeting sustainable attributes (recycled content, certified materials, reusability, or compostable materials)
  • Customers used refillable cups over 45 million times
  • Installed new Water Recycling units at 29 new-to-industry locations in North America, saving an estimated 217.3 million liters of water per year
  • Installed or upgraded Water Reclaim systems at 24 European locations
  • Converted 100% of private-brand hard-boiled egg snack packs to cage-free eggs in the U.S.
  • Switched to paper bags, straws, and birch utensils in Canada
  • Installed small format cardboard balers at 15 U.S. sites, recycling 13.5 tons of cardboard and reducing waste pickups by 46%
  • Reduced plastic content of private-label water bottles by 6.2% in North America

Social Achievements

  • 40% decrease in robberies globally since 2020
  • Workplace injuries down 24.6% in 2024 compared to 2020
  • Launched global Supplier Code of Conduct
  • Annual Cybersecurity Awareness campaign
  • Raised $235,500 for United Way Canada
  • Received Gallup Exceptional Workplace Award for the 3rd year
  • Organized Kindness Day across European network
  • Started a new partnership with the Hispanic Association of Corporate Responsibility (HACR)
  • Improved Women in Governance ranking from Bronze to Silver in Canada

Governance Achievements

  • Launched a new Supplier Code of Conduct
  • Annual Cybersecurity Awareness campaign
  • ESG goals included in individual performance-based awards for most executives (10-15% of personal goals)

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Carbon neutral for Scope 1 and 2 net emissions from energy consumption by 2030 (using carbon credits)
  • $1 billion investment in renewable projects by 2030, resulting in 10,000 renewable dispensers
Short-term Goals:
  • 50% reduction in Scope 1 and 2 emissions from energy consumption by 2025 (using carbon credits if needed)
  • $600 million investment in renewable projects by 2025, resulting in 4,300 renewable dispensers

Environmental Challenges

  • Ongoing global conflict, widespread economic and social disruption
  • Global energy market evolution and legislative frameworks impacting sustainable solutions
  • Supply chain disruptions due to climate events (extreme weather, flooding, wildfires)
  • Reduced demand for liquid fuel due to regulations, EV adoption, and changing consumer behavior
  • Rapidly evolving EV technology environment
Mitigation Strategies
  • Reframing approaches to focus on controllable areas and maximum impact
  • Revisiting fuel and energy goals to focus on reducing operational carbon emissions
  • Investing in renewable projects ($157 million in 2024, $429 million since 2020)
  • Improving energy management at facilities (HVAC upgrades, LED lighting, energy management systems)
  • Collaborating with suppliers to improve long-term planning and minimize downtimes
  • Developing well-defined safety protocols and procedures for extreme weather events
  • Expanding EV charging infrastructure and sustainable fuel offerings

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • New Supplier Code of Conduct
  • Vendor surveys on sustainability (waste reduction, sustainable packaging, green energy, diversity & inclusion, carbon footprint)

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (hurricanes, wildfires, heatwaves)
  • Sea level rise
  • Supply chain disruptions
Transition Risks
  • Reduced demand for liquid fuel
  • Increased demand for EV charging infrastructure
  • Rapidly evolving technology
Opportunities
  • Increased demand for biofuels for heavy-duty transport
  • Expansion of EV charging network

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 12 (Responsible consumption and production)
  • Goal 8 (Decent work and economic growth)
  • Goal 5 (Gender equality)
  • Goal 13 (Climate action)
  • Goal 17 (Partnerships for the goals)

Initiatives contribute to these goals through renewable energy investments, waste reduction, employee well-being programs, diversity and inclusion efforts, and community engagement

Sustainable Products & Innovation

  • milesBIO renewable fuel
  • Sustainable packaging materials
  • Expanded fresh and healthy food offerings

Awards & Recognition

  • Gallup Exceptional Workplace Award
  • MSCI ESG AA rating
  • IR Magazine Award for Best Investor Event