Sustainable Finance

Green Bonds

As a business, our commitment to sustainability also extends to the financing of our global operations.

Through the issuance of our Green Bonds on May 10th 2021, the first of its kind by a convenience and fuel retailer, we aim to finance a low-carbon and sustainable future through expenditures that align with our desire to contribute to a cleaner and safer world. We hope the issuance of our Green Bonds will inspire other similar companies to do the same.

Learn more about our global sustainability journey and focus areas: (here)or read our latest sustainability report (here).

Alignment with the Green Bond Principles

The Green Bond Principles, 2018 (“GBP”), as administered by the International Capital Market Association (“ICMA”), are voluntary process guidelines for best practices when issuing Green Bonds. The GBP recommend transparency, disclosure and promote integrity in the Green Bond Market. The Couche-Tard Green Bond Framework is aligned with the four core components of the GBP.

Use of Proceeds

As outlined in the Couche-Tard Green Bond Framework, an amount equal to the proceeds of the Green Bond will be used to finance or refinance, in whole or in part, Couche-Tard’s new or existing environmentally friendly projects and community initiatives in six categories: clean transportation; energy efficiency; renewable energy; pollution prevention and control; sustainable water and wastewater management; and green buildings.