Better Health for All

TH International Limited (Tims China) has seen its health menu items grow to 22% of total sales in 2026, up from 8% in 2023.

The company offers 'Healthy Power Bowls' and 'Light & Fit Lunch Box' products, which are a mix of lean proteins, whole grains, and seasonal vegetables. These meals were developed in partnership with China’s Health Products Association to comply with national dietary guidelines. Tims China also reintroduced donuts with 60% less sugar, and has added calorie counts to core products and implemented an ABCD grading system for beverages. The company's Power Bowls are priced at ¥25–35 ($3.50–$5.00), with combos starting from RMB 30 with a 40% discount card. The Chinese government's 'Weight Management Year' campaign, launched in 2024, mandates corporate wellness programs for companies with over 1,000 employees, which Tims China leverages. The company targets busy professionals and fitness enthusiasts, and can dominate untapped markets in Tier 2 cities where obesity rates are rising.

Fair Money & Economic Opportunity

TH International Limited (THCH.US) is described as a coffee chain operating Tim Hortons in China.

The provided articles do not contain any evidence that the company engages in activities related to lending, insuring, moving, or storing money for consumers. The financial information available pertains to the company's own corporate performance, such as its annual revenue of $206.94 million and negative EBITDA of -$25.22 million, and its substantial debt burden, rather than its provision of financial services to customers. Therefore, all KPIs related to 'Fair Money & Economic Opportunity' are scored at 0, as the company's core business lies outside financial services and it does not offer relevant financial products or services to consumers.

Fair Pay & Worker Respect

No specific, concrete data points were found in the provided articles to assess TH International Limited (THCH.US) against the Fair Pay & Worker Respect KPIs. The articles primarily discuss financial filings, company expansion targets, or general market information. Information regarding employee satisfaction scores was found for "HT Industrial," but this is not applicable to THCH.US.

Similarly, discussions on S&P 500 CEO-to-worker pay ratios or general Chinese labor law policies do not provide company-specific data for THCH.US.

Fair Trade & Ethical Sourcing

Tim Hortons conducts annual social compliance audits for its coffee, retail merchandise, and uniform suppliers.

All approved suppliers and distributors are required to comply with a Vendor Code that includes ethical sourcing clauses. The company reports no significant risk of child or forced labor in the majority of its operations, and no specific number of substantiated incidents has been provided. For coffee, 100% of direct purchases are verified annually by Enveritas, and a portion of dry mills are also verified, which provides traceability for these specific inputs.

Honest & Fair Business

The company has a whistleblower policy, effective September 28, 2022, which allows for anonymous reporting via email.

This policy was adopted by the Audit Committee, and investigations may include hiring outside advisors under the Audit Committee's direction. The whistleblower policy also addresses fraud and deliberate error in financial matters. However, there is no specific information on the median time to close ethics complaints, only that they will be promptly evaluated and investigated, with seriousness and complexity affecting the time needed. The extent of independent verification of ethical claims is not specified beyond the possibility of hiring outside advisors for investigations. There is no information regarding the percentage of board members free from material conflicts of interest.

Kind to Animals

The Humane Society is pressuring Tim Hortons to ensure its U.S. pork and egg suppliers adopt more humane practices, specifically addressing the confinement of hens in cages and sows in gestation crates.

This indicates that current supplier practices involve severe space restrictions and extreme confinement. The Humane Society, which owns 130 Tim Hortons shares, will propose a shareholder vote in May on whether the company should work to stop these practices. In 2023, Tims China donated 1.1 yuan for each selected beverage purchase to a fund for stray animal rescue during the Qixi Festival. In 2024, new offerings included plant-based options.

No War, No Weapons

TH International Limited conducts human-rights due diligence annually, with Enveritas assessing 100% of Tim Hortons coffee purchases each year under a set of social, economic, and environmental indicators.

This comprehensive annual assessment across all operations, covering 100% of coffee purchases, demonstrates alignment with the UN Guiding Principles on Business and Human Rights, as evidenced by the focus on these indicators.

Planet-Friendly Business

No specific, quantifiable evidence was found in the provided articles for any of the Planet-Friendly Business KPIs. While the company has launched an eco-friendly straw made with captured CO₂ and opened a "Green Innovation Lab Store" focused on coffee-ground recycling and sustainable materials, these initiatives are either product-specific or relate to a single facility.

The articles do not provide company-wide data such as total emissions, percentage of renewable energy, waste diversion rates, or financial investments in climate initiatives, which are required by the rubric's quantitative thresholds.

Respect for Cultures & Communities

No specific, concrete data points were found across the provided articles for any of the KPIs related to Respect for Cultures & Communities. While the company adopted a Chinese name ('Tianhao Coffee') and made menu adjustments for the local market, this does not provide a quantifiable assessment score for language inclusivity.

Similarly, donations per item sold to specific programs (Children’s Competency Education Program, stray animal rescue) are mentioned, but not as a percentage of company revenue reinvested in local community development or donated to cultural heritage organizations. The articles also mention various business and environmental partnerships, but none are explicitly with indigenous or local community groups. No other KPIs had direct, quantifiable evidence.

Safe & Smart Tech

TH International Limited (Tims China) plans to transfer control and possession of personal data of its guests to a new, locally formed company (NewCo) in China prior to its Nasdaq listing.

This NewCo will be jointly owned by a Chinese citizen, will not be profit-making, and its operations will be subject to review by Chinese regulators. This action is in response to China's stricter data privacy laws, including the Data Security Law (DSL) and the Personal Information Protection Law (PIPL), which require data localization and security reviews for cross-border data transfers. The company's proactive measure to create NewCo suggests an effort to comply with these regulations, but the structure is a proposed solution to address regulatory concerns rather than evidence of established, comprehensive compliance with all applicable regulations. The company has not yet demonstrated a track record of full compliance or received specific certifications for its data handling practices under the new regime, and the NewCo structure itself is subject to regulatory approval and ongoing review.

Zero Waste & Sustainable Products

TH International Limited (Tim Hortons China) has implemented three waste reduction initiatives. These include the launch of an eco-friendly straw made from CO₂-based biodegradable material, a "Bring Your Own Cup — Save RMB 8" initiative, and the establishment of a Green Innovation Lab Store in Shenzhen focused on coffee-ground recycling.

The eco-friendly straws are certified by SGS to capture 3.185 grams of CO₂ per 100 straws.