First Green is Gold

Posted by e.taub@tvcnp.com | Posted in Uncategorized | Posted on 23-02-2010

Since 2008, TD Bank has taken solid strides toward reducing their footprint and just announced that, not only are they the largest US bank to achieve carbon neutral status, but their entire global operations are now carbon neutral. They achieved reductions through a comprehensive approach that included retrofitting and developing cleaner buildings, investing in wind, solar, and hydro power, and offsetting the remaining emissions that could not be eliminated.

In spring of 2010, they will open their first store to apply for the LEED Platinum certification. That store will serve as a prototype for all future stores. These buildings use 50% less energy compared to  previous branches and 20% of the energy will now be generated on-site via solar panels. The new buildings demonstrate a comprehensive and repeatable approach to energy savings.

With plans to open up to ten new LEED certified stores in 2010, it is clear that their energy saving activities have been a worthwhile and strategically sound investment…and they are not stopping there. “This is a significant milestone but we know there is still a lot to do…Thanks to the terrific effort of our employees as well as the helpful input we’ve received from environmental and community groups, TD is the first North American-based bank - and one of only a few banks in the world - to reach a carbon neutral goal. We look forward to engaging with key stakeholders as we continue to work on environmental issues.” Karen Clarke-Whistler, Chief Environment Officer, TD

The momentum and enthusiasm around this announcement demonstrates how truly engaged and TD Bank is with all levels of ethical business responsibilities. Not only do they strive for excellent customer service in a welcoming and clean environment, their employees now have one of the best work environments available. This year, TD will be celebrating the 20th anniversary of its TD Friends of the Environment Foundation, will pass a second year as one of the Global 100 Most Sustainable Corporations in the World and was also recently named a Climate Disclosure Leader by the Carbon Disclosure Project.

In speaking about TD’s comprehnsive approach, Dr. Ron Dembo, Founder and CEO, Zerofootprint applauded: “TD is a pioneer. They’ve essentially built a roadmap for how large organizations can go carbon neutral and have proven there is a business case for going green.”

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