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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


Green Product Options


FS-8 TD GREEN BOND


TD became the first commercial financial institution in Canada to issue a green bond, attracting 12 new institutional investors. The proceeds of the three-year $500-million TD Green Bond were directed solely to projects that contribute to the low-carbon economy through:


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Renewable and low-carbon energy and related infrastructure


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Energy efficiency and management with a focus on green buildings


n Green infrastructure and sustainable land use n


TD Green Bond standards are aligned with the Green Bond Principles group, of which TD is a member. We worked with the Canadian Standards Association to develop the project criteria, and the allocations are independently audited by Ernst and Young, LLP.


DID YOU KNOW


The reduction in atmospheric emissions achieved through projects funded by the TD Green Bond has a natural capital value of $356,200 per year.


GO DEEPER TD GREEN BOND FAQS


GREEN BOND – ERNST & YOUNG ASSURANCE REPORT


UN PRINCIPLES FOR SUSTAINABLE INSURANCE


CASE STUDY – WORKING WITH STAKEHOLDERS TO FIND INDUSTRY SOLUTIONS


APPENDIX: PERFORMANCE DATA


TD 2014 Corporate Responsibility Report Page 46


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1 Includes financing or refinancing of existing and/or future projects including the committed amount of loans financed or refinanced. 2 TD received cash proceeds of $498.8 million net of agency fees.


3 For more information on the basis of allocating the use of proceeds, see the TD Green Bond Term Sheet for Investors.


Green Bond Allocation By the end of Q4, 100% of the green bond proceeds had been allocated to low carbon financing


TD INSURANCE


In 2014 TD Insurance continued to actively work on understanding the potential impact of a changing climate on our insurance business and identifying opportunities for enhancing risk management, underwriting practices and customer protection.


TD Insurance is committed to being a catalyst for industry action on a range of sustainability issues such as natural-catastrophe risks and climate change. TD Insurance has demonstrated progress through:


Participation in the Insurance Bureau of Canada’s Adaptation to Climate Change Committee and the Institute for Catastrophic Loss Reduction (ICLR)


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Membership and sponsorship of the Board of the Alberta Severe Weather Management Society and sponsor of the Atmospheric and Environmental Research (AER) Emerging Risk research program


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Second Canadian-based signatory to the United Nations Environment Program Finance Initiative’s Principles for Sustainable Insurance (UNEP FI-PSI). UNEP FI-PSI serves as the global framework for insurance companies to better manage environmental, social and governance risks (as well as opportunities) in their core business strategies and operations.


TD GREEN BOND1,2,3


5% Hydroelectric


17% Solar Power 2% Wind Energy


Green Bond Allocation


By the end of Q4, 100% of the TD Green Bond proceeds ($500 million) had been allocated to low carbon financing.


5% Biomass


71% Green buildings


(LEED Platinum or Gold)





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