Tim Hortons is a well known Canadian fast food chain. They are famous for their coffee and doughnuts. However, what many people might not know is that it is ranked in the firsts positions (specifically #11) of the 2015 Global Most Sustainable Corporations in the World index. This company is very concern about its individuals, the communities and the planet. Still, these values are not only words. They are taking some action, as supporting clean-ups in local communities, saving energy or creating The Foundation Camp.
I believe that Tim Hortons is a good example of how big companies can make a difference in their actions. As a member of the society, an enterprise has some responsibilities that cannot ignore, like respecting the environment and the individuals surrounding it. It is clearly seen that this fast food chain has in mind all these responsibilities by looking at its behaviour and way of performance.
Moreover, Tim Hortons is a clear example that creating value for both the shareholder and the society is not impossible. Tim Hortons’ profits keep a positive tendency and it is believed to continue like this during the following years. In other words, being sustainably responsible has not prevent the company to have good financial results.
In conclusion, I think that Tim Hortons is a case of an outstanding company that is not only worried about revenue, but also the impact of their actions in the planet. This example should empower other companies to follow the path and be sustainable in everyway that they can.
http://sustainabilityreport.timhortons.com/pdf/2014-performance-report.pdf
I really like the point you make about how being sustainable does not have to cost a company financially. One of the main things we have focused on in this course so far has been the fact that you can actually IMPROVE your financial position through a more sustainable strategy. Tim Horton’s is a company that is so ingrained in Canadian culture, they could probably keep selling their product no matter what they do. What strikes me most about this is the fact that they are choosing to become more sustainable, regardless of whether or not they need to.