TORONTO, Sept. 12, 2013 /CNW/ - TD Bank Group (TD) has earned a spot on
the 2013 Performance Leadership Index, an annual ranking by the
London-based CDP, which evaluates company action to reduce carbon emissions and mitigate
the risks of climate change. The achievement was announced today in the
CDP Global 500 Climate Change Report 2013. TD is the only Canadian bank to be included in the 2013 global index.
"Natural resource scarcity is increasing, the scientific case for action
to mitigate climate change is strengthening and the number of investors
requesting corporate action on climate change through CDP is
continually increasing," says Paul Simpson, Chief Executive Officer of CDP. "We congratulate
companies in the Climate Performance Leadership Index for their
pioneering efforts to combat climate change and grow low carbon
economies at this critical time."
This annual index, compiled by PwC on behalf of CDP, highlights the
companies listed on the FTSE Global Equity Index Series (Global 500) that demonstrate strategies committed to improving their
environmental footprint.
"External validation and benchmarking are crucial for organizations like
TD that strive for excellence in environmental disclosure and
performance, so we're very proud to be recognized globally by the CDP,"
says Karen Clarke-Whistler, Chief Environment Officer, TD Bank Group.
"As TD's carbon neutral journey continues, this recognition inspires
and motivates us to be even more ambitious in the years ahead."
The first North American-based bank to be carbon neutral, TD has a
current goal to reduce its carbon footprint by one tonne per employee
by 2015 relative to its 2008 baseline.
"We've made carbon reduction a driver of how we design facilities and
operate our business across North America," says Roger Johnston, Senior
Vice President of Enterprise Real Estate, TD Bank Group. "Our focus on
green building design and renewable energy use are transforming the way
we do business for our employees, our customers and the communities
around us."
The Global 500 report, including names of companies featured in the
Carbon Performance Leadership Index, can be found at www.cdp.net.
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Group (TD). TD is the sixth largest bank in North America by
branches and serves approximately 22 million customers in four key
businesses operating in a number of locations in financial centres
around the globe: Canadian Personal and Commercial Banking, including
TD Canada Trust and TD Auto Finance Canada; Wealth and Insurance,
including TD Wealth, TD Direct Investing, an investment in TD
Ameritrade, and TD Insurance; U.S. Personal and Commercial Banking,
including TD Bank, America's Most Convenient Bank, and TD Auto Finance
U.S.; and Wholesale Banking, including TD Securities. TD also ranks
among the world's leading online financial services firms, with
approximately 8 million active online and mobile customers. TD had
CDN$835 billion in assets on July 31, 2013.The Toronto-Dominion Bank
trades under the symbol "TD" on the Toronto and New York Stock
Exchanges.
About CDP
CDP is an international, not-for-profit organization providing the only
global system for companies and cities to measure, disclose, manage and
share vital environmental information. CDP works with market forces,
including 722 institutional investors with assets of US$87 trillion, to
motivate companies to disclose their impacts on the environment and
natural resources and take action to reduce them. CDP now holds the
largest collection globally of primary climate change, water and forest
risk commodities information and puts these insights at the heart of
strategic business, investment and policy decisions. Please visit www.cdp.net or follow us @CDP to find out more.
SOURCE TD Bank Group
