Canadian Tire Recognized as One of Canada's Most Socially Responsible Companies

TORONTO, June 14, 2012 /CNW/ - Canadian Tire Corporation, Limited (CTC, CTC.a) is proud to announce that it has been included on the 2012 Maclean's/Sustainalytics list of the 50 Most Socially Responsible Companies in Canada.

Now in its fifth year, companies are selected on the basis of their performance across a broad range of environmental, social, and governance (ESG) indicators tracked by Sustainalytics, a global leader in independent sustainability research.  The companies selected also rank at the top of their respective peer groups in Sustainalytics' Global Platform.  Published annually, the Top 50 Most Socially Responsible Companies are profiled in the June 25^th issue of Maclean's Magazine, which is available on newsstands today.

This honour adds to a growing list of acknowledgments and awards bestowed upon Canadian Tire for programs and performance related to business sustainability and corporate social responsibility.  Last week, the company was recognized by Corporate Knights as one of the Best 50 Corporate Citizens in Canada.  Canadian Tire's business sustainability strategy and performance were recognized earlier in the year with the GLOBE Award for Best Green Retailing Practices, which is considered to be the most high-profile national awards series of its kind. The company was also added to the STOXX Global ESG Leaders Index family and is the only Canadian retailer included.

For 90 years and as one of Canada's most trusted companies, Canadian Tire remains committed to being a responsible corporate citizen - in the environment, the community and in business.  This commitment is integrated into Canadian Tire's brand, corporate values, operations and business strategy and is guided by the overarching aspiration to be a good neighbour in helping Canadian communities grow.

For more information on Canadian Tire in the community, please visit Corp.CanadianTire.ca.

ABOUT CANADIAN TIRE

Canadian Tire Corporation, Limited (TSX: CTC.a) (TSX: CTC) is one of Canada's most-shopped general retailers and the country's largest sporting goods retailer, with more than 1,700 retail and gasoline outlets from coast-to-coast. Our primary retail business categories - Automotive, Living, Fixing, Sports, Playing and Apparel - are supported and strengthened by our Financial Services division, which offers such products and services as Canadian Tire Home Services, credit cards, retail deposits, in-store financing, product warranties, and insurance. Nearly 68,000 people are employed across the Canadian Tire enterprise, which was founded in 1922 and remains one of Canada's most recognized and trusted brands.

Sarah Van Lange, 416-322-2659, (m) 647-287-9582, [email protected]