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How We Operate
73
CASE STUDY Free, Prior and Informed Consent (FPIC)
Why
TD has a long-standing commitment to supporting economic development of Aboriginal enterprise and communities.
How
Through our Environmental Policy and Management Framework we are committed to supporting the Principle of Free, Prior and Informed Consent.
In 2013 we continued to progress in these areas.
Dialogue and Practical Guidance on FPIC
• Through the Boreal Leadership Council, TD developed and supported a multi-stakeholder workshop on the implementation of FPIC, with over 60 attendees.
• TD Bank and the Forest Stewardship Council (FSC) Canada are working toward rigorously applying the values of FPIC into FSC’s Forest Management Standards.
Carbon Offsets
• First Nations Carbon Collaborative: TD is sponsoring the first phase of a research initiative that will examine how First Nations across Canada access and participate in the voluntary carbon market.
• Ontario Biodiversity Afforestation Project: TD is sponsoring and participating in a carbon forest project in the boreal and Great Lakes St. Lawrence regions of Ontario for the purpose of carbon offsetting and restoring fallow farmland to native forest conditions. See full case study on page 56. »
Aboriginal-Led Renewable Power Projects
In 2013 TD financed a project supporting the development of wind, run-of-river hydroelectric and solar power generation. See full case study on page 31. »
“As the key financial supporter for this work, TD is helping FSC Canada to get on the ground and talk to Aboriginal Peoples and communities regarding their participation in the decision-making process when it comes to FSC forest management practices. This project will benefit Aboriginal Peoples and communities and provide forest management companies with clear direction and tools to help them apply the values of FPIC in forests across Canada.” François Dufresne, President, Forest Stewardship Council Canada
TD 2013 Corporate Responsibility Report
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