43 2012 Scorecard
Material Topic Area GHG
Operational Footprint
Emissions Goal Be carbon-neutral. Reduce GHG emissions by 1 tonne CO2 e
per employee by 2015, relative to our 2008 baseline.
Energy Use
At least 20% of emissions from electricity will be offset with renewable energy credits.
At least 50% of carbon offsets Efficiency will be
developed through impact investing projects. Develop Green Building Standards.
Rating Planned Activities for 2013 • Maintain carbon neutrality as TD continues to grow.
• Set specific targets for reducing energy use and employee business travel.
• Implement improved reporting, increase availability and use of virtual meeting technology.
• Impose travel cost reduction targets on business units.
• In 2011, 45% of emissions from our electricity demand were offset with renewable energy credits.
• In 2013, we will increase the target from 20 to 40% and refresh our renewable and carbon offset contracts.
• Continue into 2013.
• Continue to apply Green Building standards to new and renovated spaces in 2013.
• Virtualize 70% of all new servers and achieve greater storage efficiency to save 216 million kWh by 2015.
• Implement a printer reduction program to save 3 million kWh per year.
• Improve technology to encourage video-conferencing to reduce business travel.
Waste
Create targets to improve recycling rate of non-paper waste in U.S. above 58%.
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• Work with facilities service providers, landlords and local waste companies to increase the number of properties included in our waste reporting.
• Set North American targets for waste reduction. • Raise awareness among employees to increase recycling behaviours.
Divert 100% of electronic waste from landfill. Paper
Reduce paper by 20% by 2015 relative to a 2010 baseline.
Maintain a minimum 30% post-consumer content for office paper procurement.
• Continue into 2013. • Continue into 2013.
• Develop a standard and target for post-consumer content for statements and envelopes, commercial print and business forms.
• Develop a target for use of certified paper in all paper types used by TD.
» » » » » Did not meet Made progress
Be an Environmental Leader
Fully achieved » More detail
2012 Business Highlights
• Continued external recognition of TD’s environmental programs through awards and rankings across North America.
• The launch of the TD Forests program focused on reducing paper at TD and growing the area of protected forested habitat across North America.
• Continued implementation of our green building program through the opening of our second net-zero-energy branch, the unveiling of the TD Living Roof atop our flagship branch in Toronto, Ontario, and more than 70 LEED certified facilities.
• Marked success in encouraging customers to switch to paperless statements; over two million accounts transferred in one year.
2012 Challenges
• Meeting our carbon reduction and paper reduction goals as our business continues to grow.
• Managing the environmental risks and related social risks in our energy financing business in the face of political uncertainty and a wide range of stakeholder perspectives.
• Understanding the nature and significance of potential impacts relating to climate change and the mitigation measures required.
• Increasing the depth of employee engagement in the face of business pressures and competing interests.
TD 2012 Corporate Responsibility Report
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