How does TD help protect our environment? One tree at a time. Our commitment to New York alone will help get the city to their goal of planting and caring for one million trees by 2015 – two years earlier than projected. It's just one part of our TD Forests initiative to make our communities greener and healthier.
This year TD took "going green" to a whole new level, becoming the first commercial bank in Canada to offer a bond dedicated to funding green initiatives. Through the $500 million TD Green Bond, TD Securities now offers investors an investment vehicle that supports environmental mandates while providing a market rate of return. The proceeds that investors raise through the bond will be used to finance environmental projects.
"We are excited to help develop the evolving green bond market for investors," says Patrick Meneley, Vice Chair, Investment Banking, TD Securities, Executive Vice President, TD Bank Group.
TD is committed to environmental leadership. In 2010, we became the first North-American-based carbon neutral bank.
“I am thrilled that we have once again led the way, this time with the TD Green Bond – a milestone achievement that contributes to the greening of the Canadian economy,” says Karen Clarke-Whistler, Chief Environment Officer, TD Bank Group.