Sehaj Sohal
Pradnya Karambelkar
mariam begum
University of Guelph
Ruben Burga
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TD Canada Trust is initiating a movement by promoting green initiatives in order to fulfill their commitment towards the environment, society, and the planet. Since they are rapidly growing in the industry, they have started making positive impacts in the world such as promoting literacy and numeracy for children, going paperless, pushing for gender inequality, and protecting forest habitats. TD has established and executed these green goals since 2014, paving the way for them to join the Global 100 Sustainable Companies.
One of the biggest innovations for the company is the Green Machine ATM. These machines are installed at convenient locations where they are easy to access as well as safe & secure. With the innovation of green machines, TD was able to attain many benefits. Itemized receipts confirm deposits rather than printing and the machine automatically counts bills and the total. The company has stopped using envelopes; instead customers can insert about 50 bills and 30 cheques together directly. In order to decrease the harmful emission from the electricity, TD has converted their computers to green energy that is much cleaner, sufficient and renewable.
TD is the first bank to host 100% Green Bond that gives low-carbon financing and it uses embedded ESG’s. More than 22,000 members participate in activities to accomplish green acts and hundreds in carbon savings are recorded by TD.
“TD Tree days are three most popular days and are celebrated by all employees, families, communities and volunteers, resulting in more than 50,000 trees planted” commented Branch Manager Peggy Curry. She also said that all cleaning products used in her branch are eco-friendly.
TD Canada is proving that green is more than just a color to them; it defines their goals, beliefs, vision, and commitment toward the environment and society. Green banking symbolizes the fact that they are willing to go to a certain extent in order to fulfill their vision and strategy. “To be a better bank” is their vision and with the help of green banking they are striving to differentiate themselves from other top multinational banks and businesses in the financial sector. They are reviewing their strategies as they plan to follow their mission of delivering value to customers, shareholders and communities. "All of the employees equally support their green movement by wearing green on each Friday," said Peggy Curry. Such massive support from customers and employees of TD Canada Trust inspires them to do better each coming day.
TD manages to keep their products and services green which helps many people gain human rights. It also helps many to follow diversity and environmental stewardship created by TD Canada Trust. Lastly, it impacts all stakeholders associated with TD not just on short-term but also on long-term basis.
TD Canada Trust is one of the Top 100 Global Companies. They are awarded as leaders in customer satisfaction in retail and business banking in Canada. They are the first bank to be recognized on the A-list for the 2014 Climate Performance Leadership Index.
TD Canada Trust is saving trees by going paperless as well as planting many more trees. They are committed to reducing emissions and to produce less pollution. The company is also making sure that they are adapting to climate issues as they are happening.
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Peggy Curry, Branch Manager
