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• We established an independently audited 2010 baseline and developed processes and procedures for collection and reporting of North American paper data on an annual basis.

• A company-wide review to reduce paper identified 28 projects that have the potential to reduce paper by 24% in three years, such as printer consolidation, digitization of reporting and expansion of online banking services.

• We have developed a life-cycle-based planning tool that will help identify paper and cost savings associated with paper management.

• TD’s Responsible Procurement Policy includes a commitment to maximize the use of certified sustainable and recycled-content paper. Our office paper contains a minimum of 30% post-consumer content, and we procure paper sourced from sustainably managed forests (identified by the Forest Stewardship Council and Sustainable Forestry Initiative).

Water

Although the financial services industry is not an intensive user of water, we recognize that water availability is an environmental issue of global importance. TD incorporated water conservation into our Green Building Standards. Our design and operational enhancements to reduce water usage include the following:

• We use drought-tolerant and native plant species for landscaping and maintenance.

• Unless required by local law or our landlords TD does not irrigate its properties.

• Our new designs incorporate water-efficient/low-flow fixtures that meet LEED standards.

• In our Canadian retail portfolio we retrofitted water faucets to be more efficient. Water Consumption 2011 Country

Consumption (m3

)

Canada U.S.

Total 377,971

1,091,099 1,469,070

Consumption (U.S. gallons)

99,849,432 288,237,673 388,087,105

% of

Portfolio 46% 71% 56%

Note: Represents 56% of the bank’s retail and corporate locations. In 2013 we will continue to work with our landlords to obtain water data.

TD Bank was awarded a 2012 Green Power Leadership Award by the Environment Protection Agency (EPA).

— AWARDS & RECOGNITION

Be an Environmental Leader

TD’s net-zero-energy retrofit of a branch in London, Ontario, was named as one of Canada’s Top 5 Sustainability Projects by Delta Management.

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TD’s net-zero-energy store in Fort Lauderdale, Florida, was awarded 2011 Retail Store of the Year by Chain Store Age magazine in the sustainable design category.

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The city of Cambridge, Mass., named the Central Square store of TD Bank a 2012 GoGreen Award winner for energy.

TD 2012 Corporate Responsibility Report