1. Homepage
  2. Equities
  3. Canada
  4. Toronto Stock Exchange
  5. Alimentation Couche-Tard Inc.
  6. News
  7. Summary
    ATD   CA01626P3043

ALIMENTATION COUCHE-TARD INC.

(ATD)
  Report
Delayed Toronto Stock Exchange  -  01:25 2022-08-19 pm EDT
59.39 CAD   -0.55%
08/18BMO Capital Adjusts Couche-Tard Estimates Ahead of Q1 Report
MT
08/17National Bank Previews Alimentation Couche-Tard Q1, Expects Fuel Margins to Offset Rising Expenses
MT
08/17Alimentation Couche-Tard Price Target Increased to $67 at TD
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Alimentation Couche Tard : 2022 Green Bond report

06/30/2022 | 03:03pm EDT

2022 Green Bond Report

ALIMENTATION COUCHE-TARD

OUR COMMITMENT TO SUSTAINABILITY

Alimentation Couche-Tard(''Couche-Tard'') is a global leader in convenience and fuel retail. Working with approximately 122,000 people at more than 14,000 locations in 24 countries and territories, we serve over 9 million customers daily.

We are constantly evolving to meet customers' needs, create inclusive and safe workplaces for our people, minimize our impact on the environment and be a trusted neighbour in the communities we serve. We believe that we can play a meaningful role in the journey towards a cleaner and safer future as we strive to become the world's preferred destination for convenience and mobility.

Sustainability as a lens to our business

Pushing forward our commitment to actionable results, we have solidified sustainability as a strategic lens for our business activities in support of a healthier, cleaner and more equitable future for everyone as we strive to make a positive contribution to our people, our planet and its prosperity.

Our sustainability priorities, targets and ambitions are anchored in five focus areas that contribute to the United Nations Sustainable Development Goals. To read more about our sustainability progress in our key focus areas, please view our latest annual sustainability report at https://corpo.couche-tard. com/en/sustainability/.

About our Green Bonds issuance & this report

In May 2021, we issued our first Green Bond offering, the first of its kind by a convenience and fuel retailer. The net proceeds of $346.1M were planned to be used to finance or refinance, in whole or in part, Couche- Tard's new or existing environmentally friendly projects and community initiatives in key areas. To view our Green Bonds framework documentand all related resources from the initial issuance, please visit our dedicated website section here.

This Green Bond report covers the allocation of proceeds to Eligible Projects from May 2019 until the end of Couche-Tard's Fiscal Year ended April 24, 2022. This will complete the allocation of our first Green Bonds.

2

Alimentation Couche-Tard Inc.

Green Bonds © 2022

PROJECT EVALUATION AND SELECTION

The Green Bond issuance is aimed at financing initiatives which enable a low-carbon and sustainable future through expenditures that align with our desire to contribute to a cleaner and safer world.

As part of the project evaluation and selection, the representatives from relevant business units, the Sustainability team, and the Treasury department were responsible for the assessment and selection of eligible projects, to ensure alignment with this Framework. In addition, all projects that were allocated funding from proceeds of the issuance of our Green Bonds have followed an internal process that includes a review and approval by members of our leadership team.

All of the selected projects meet at least one of the following Green Bond eligibility criteria as defined in our Framework:

  • Clean Transportation
  • Energy Efficiency
  • Renewable Energy
  • Pollution Prevention and Control
  • Sustainable Water and Wastewater Management
  • Green Buildings

With the proceeds from the Green Bonds, we have financed a variety of projects across most eligible categories, ranging from deploying EV chargers, building water-efficient car wash systems, investing in technology to generate energy savings and by increasing our renewable fuels offering.

Quantifying environmental benefits

The eligible projects presented in this Green Bond report cover the period starting 24 months prior to the issuance of the Green Bonds, and include eligible projects completed during Couche-Tard's Fiscal Year 2022.

3

Alimentation Couche-Tard Inc.

Green Bonds © 2022

GREEN BOND

ALLOCATION

100% of our inaugural Green Bond issuance has been allocated to eligible projects, for a total of $346.1M, across hundreds

of initiatives.

Clean Transportation

Energy Efficiency

Renewable Energy

18% / $62.8M

19% / $66.2M

39% / $134.7M

4

Pollution Prevention

Sustainable Water and

and Control

Wastewater Management

11% / $38.3M

13% / $44.1M

Alimentation Couche-Tard Inc.

Green Bonds © 2022

PROJECTED ENVIRONMENTAL BENEFITS

We expect that all of our initiatives funded by the issuance of the Green Bonds have already yielded or will result, in aggregate, in the following estimated environmental benefits:

Clean Transportation: over 1,000 EV chargers deployed to date in over 250 locations

Energy Efficiency: A 10% decrease of energy intensity from FY20 to FY22.

Renewable Energy: Avoided up to 6.6 million metric tons of CO2 well-to-wheel emissions in the last year

Sustainable Water and Wastewater Management:

upgraded over 500 car washes since FY20, with each system replaced saving an estimated 352,000 litres of water and 9,200 litres of chemicals per year

5

Alimentation Couche-Tard Inc.

Green Bonds © 2022

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Alimentation Couche-Tard Inc. published this content on 30 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2022 19:02:08 UTC.


© Publicnow 2022
All news about ALIMENTATION COUCHE-TARD INC.
08/18BMO Capital Adjusts Couche-Tard Estimates Ahead of Q1 Report
MT
08/17National Bank Previews Alimentation Couche-Tard Q1, Expects Fuel Margins to Offset Risi..
MT
08/17Alimentation Couche-Tard Price Target Increased to $67 at TD
MT
08/16Alimentation couche-tard to release its results for its first quarter of its fiscal yea..
AQ
08/11Antitrust rules, Petro-Canada profits may hinder Suncor from selling unit
RE
07/25RBC Capital Markets Details Possible Outcomes From Suncor's Strategic Review
MT
07/25Kitchen United, the Ghost Kitchen and Restaurant Hub Technology Pioneer, Announces $100..
PR
07/21ALIMENTATION COUCHE TARD : 2022 Management Proxy Circular
PU
07/19Couche-Tard Seen As Potential Bidder for Suncor Retail Unit; Parkland Corp Also Mention..
MT
07/18Suncor reaches deal with activist investor, will consider sale of Petro-Canada
AQ
More news
Analyst Recommendations on ALIMENTATION COUCHE-TARD INC.
More recommendations
Financials (USD)
Sales 2023 72 863 M - -
Net income 2023 2 528 M - -
Net Debt 2023 8 163 M - -
P/E ratio 2023 19,0x
Yield 2023 0,82%
Capitalization 47 246 M 47 246 M -
EV / Sales 2023 0,76x
EV / Sales 2024 0,79x
Nbr of Employees 122 000
Free-Float 76,7%
Chart ALIMENTATION COUCHE-TARD INC.
Duration : Period :
Alimentation Couche-Tard Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ALIMENTATION COUCHE-TARD INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Last Close Price 46,23 $
Average target price 48,68 $
Spread / Average Target 5,31%
EPS Revisions
Managers and Directors
Brian P. Hannasch President, Chief Executive Officer & Director
Claude Tessier Chief Financial Officer
Alain Bouchard Executive Chairman
Edward Dzadovsky Executive Vice President-Chief Technology Officer
Niall Anderton Senior Vice President-Operations
Sector and Competitors
1st jan.Capi. (M$)
ALIMENTATION COUCHE-TARD INC.12.68%47 246
MURPHY USA INC.50.49%7 001
VIBRA ENERGIA S.A.-14.16%3 995
ULTRAPAR PARTICIPACOES S.A.-5.57%2 893
ARKO CORP.15.51%1 216
TRAVELCENTERS OF AMERICA INC.13.85%873