Tim Hortons announces new Sustainability and Responsibility Framework,
Commitments and Goals
OAKVILLE, ON, April 8 /CNW/ - Tim Hortons Inc. (TSX: THI, NYSE: THI) today announced our sustainability and responsibility framework - Making a True Difference(TM) - including supporting commitments and goals. The Company plans to publish its first full sustainability and responsibility report in March 2011 to communicate our progress toward our commitments and goals.
"Tim Hortons and our store owners have a long tradition of doing the right thing for the communities we serve, the people in those communities and the environment," says Don Schroeder, President and CEO. "We have begun implementing our sustainability and responsibility strategy to help us continue to meet our commitment of doing our part on economic, social and environmental issues."
Highlights of the Company's commitments and goals include a variety of energy and waste reduction measures, supply chain auditing and verification, and the publication in 2011 of an inaugural sustainability and responsibility report using the Global Reporting Initiative (GRI) Reporting Guidelines as the basis. Details can be found in the 2009 Annual Report to Shareholders, and at www.timhortons.com.
Tim Hortons Inc. Overview
Tim Hortons is the fourth largest publicly-traded restaurant chain in North America based on market capitalization, and the largest in Canada. Operating in the quick service segment of the restaurant industry, Tim Hortons appeals to a broad range of consumer tastes, with a menu that includes premium coffee, flavored cappuccinos, specialty teas, home-style soups, fresh sandwiches, wraps, hot breakfast sandwiches and fresh baked goods, including our trademark donuts. As of January 3rd, 2010, Tim Hortons had 3,578 systemwide restaurants, including 3,015 in Canada and 563 in the United States. More information about the Company is available at www.timhortons.com.
For further information: INVESTORS: Scott Bonikowsky, (905) 339-6186 or [email protected]; MEDIA: David Morelli, (905) 339-6277 or [email protected]
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