Toronto-Dominion Bank (The)
SymbolTD
Shares Issued857,171,992
Close 2009-11-20C$ 67.30
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TD Bank invests $3-million in Greening Canada Fund

2009-11-23 09:36 ET - News Release

Ms. Karen Clarke-Whistler reports

GREENING CANADA FUND MAKES ITS DEBUT WITH TD AS INITIAL INVESTOR

TD Bank Financial Group, the first bank in Canada to commit to a carbon neutral goal, has made a $3-million investment in the Greening Canada Fund, the first-ever voluntary carbon emissions reduction fund designed to purchase and deliver local carbon offset credits for its investors.

"We're improving our energy efficiency and we're investing in renewable energy -- but we can never entirely eliminate all of our carbon emissions. That's where 'offsets' come in," says Karen Clarke-Whistler, chief environment officer, TD Bank Financial Group. "The Greening Canada Fund is a homegrown solution to generating carbon offset credits that allows us all to see the benefits of 'greening' schools, hospitals and other local organizations -- right in our own backyards."

As part of its continuing commitment to the environment, TD is implementing a carbon neutral plan that has three main components:

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