An important way we are working to protect our planet is through efficient and responsible energy use in our operations, including promoting conservation practices among employees.

Energy use in our facilities

One key priority in 2007 was engaging our corporate and retail real estate teams, travel group and fleet services team to help identify a baseline for energy consumption in TD operations. We selected 2006 as our baseline year and, in our Corporate Responsibility Report, have included the data from 2006 and 2007. We have also retained an environmental consultant to guide us on TD’s Energy and Emissions Program, including validating the data that we have compiled and calculating our Greenhouse Gas (GHG) emissions.

We continue to centrally monitor and track energy consumption in our branches across Canada. Doing so serves to identify and mitigate energy consumption abnormalities, thus maximizing energy usage.

We continue to construct and operate our retail facilities in an energy-conscious fashion through, for example, expanded use of energy-efficient lighting and occupancy sensors.

Our Corporate Real Estate group has partnered with our landlords and premises managers to establish our baseline for energy consumption and are continually seeking to improve energy efficiency.

Business Travel

Our existing travel policy promotes rail travel over car rentals when traveling on business between our headquarters in Toronto and London, Ontario. When car rentals are required, employees are encouraged to rent fuel-efficient compact or intermediate cars.

We also provide all employees with the option of taking a shuttle bus between our London offices and our Mississauga and Scarborough offices.

In addition, we promote a reduction in the volume of business travel with conference calls and webcasts, where appropriate.

We will be reviewing our existing travel policies and practices throughout 2008 to identify opportunities to further reduce the environmental effects of corporate travel at TD.

Corporate Fleet

TD also operates its own fleet of leased vehicles for use by management and employees. In 2007, as one of the ways to optimize fuel efficiency, we introduced a small, all-wheel drive sport utility vehicle which is considered energy-efficient and qualifies for a government environmental rebate.