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Environmental Leadership


Building The Better Bank Material Issues How We Operate Responsible Banking Extraordinary Workplace Environmental Leadership


Natural Capital Adapting to a Changing Climate Eco-Efficiency Responsible Finance and Investing Green Product Options


Strengthening Communities Reporting


Eco-Efficiency OUR APPROACH TO MANAGING PAPER


TD has made a significant commitment to responsible paper use by: n


n


Offering more paperless banking options to our customers


Reducing the paper we use in our business operations


n


Increasing our use of post-consumer recycled paper and certified paper from sustainably managed forests.


TD gives preference to paper and wood products from sustainably managed forests. We purchase products certified through the Forest Stewardship Council (FSC), the Canadian Standards Association Sustainable Forests Management (CSA SFM), the Sustainable Forestry Initiative (SFI) and the Programme for the Endorsement of Forests Certification (PERC).


Managing paper is about much more than procurement. In order to make real change, we considered the total cost of paper management by business process.


Through this approach we discovered that procurement costs account for only about 10% of the cost of paper management. Indirect costs associated with paper management – such as those involving handling, distribution and storage – account for the majority of costs.


In order to further reduce the environmental footprint of our paper use, we have committed to protect an area of critical forest habitat representative of the volume of paper that we use. In 2014 through the TD Forests program, the bank worked with the Nature Conservancy of Canada and The Nature Conservancy (U.S.) to help protect nearly 3,000 hectares (nearly 7,500 acres) of forest habitat in nine provinces and four states within TD’s North American operating footprint. Since it was established in 2012, TD Forests has helped protect nearly 13,000 hectares (nearly 33,000 acres) of critical forest habitat. For more information see the TD Forests map.


We developed a paper-management tool that allows project managers to analyze the full cost of paper-based business processes. Read the case study to learn more.


CASE STUDY


Using an Environmental Perspective to Drive Business


TD’S 100% E-WASTE DIVERSION PROGRAM GO DEEPER


2014 CARBON NEUTRAL SCHEDULE TARGET SCORECARD RECS AND OFFSET MAP


APPENDIX: PERFORMANCE DATA


DETAILS ON ENERGY EFFICIENCY INITIATIVES


2014 PAPER REDUCTION SCHEDULE


TD 2014 Corporate Responsibility Report Page 41


+ + + +


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$1.2 million 90%


saved in 2014 by diverting e-waste from landfills.


of e-waste refurbished and donated to charity in 2014.


Watch TD Forests Video





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