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