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TD Asset Management adopts Sustainable Investing Policy for Canadian and U.S. Operations
TORONTO, April 29 /CNW/ - TD Asset Management is pleased to announce it has adopted a Sustainable Investing Policy across its operations in Canada and the United States. "Sometime ago we designed the TD Asset Management Global Sustainability Strategy, a global equity approach that invests in companies that contribute to the world's future sustainability," said Barbara Palk, President, TD Asset Management. "Where environmental, social and corporate governance factors are key drivers of financial value for that Global Sustainability Strategy, they should be part of our analysis for all our investment mandates. Our Sustainable Investing Policy lays out our approach, and builds on our long history of promoting good governance at the companies in which we invest." "The decision by TD Asset Management to apply its Sustainable Investing Policy across its operations demonstrates TD's ongoing commitment to operate in a sustainable manner," added Karen Clarke-Whistler, Chief Environment Officer, TD Bank Financial Group. "TD recently was named one of The 100 Global Most Sustainable Corporations in the World, an award that recognizes companies on the basis of environmental, social and governance performance. We believe that in the rapidly changing global economy, companies that manage the risks and recognize the opportunities relating to environmental and social factors will ultimately be the winners. We want to be one of them." The Sustainable Investing Policy is available at www.tdam.com and www.tdamusa.com. About TD Asset Management TD Asset Management operates in Canada as TD Asset Management Inc. and in the United States as TDAM USA Inc. TD Asset Management is a highly diversified North American investment management organization with leading market positions in active, quantitative and passive portfolio management. In aggregate as of March 31, 2009, TD Asset Management's investment professionals managed over C$169 billion/US$134 billion in assets under management on behalf of pension, insurance, endowment/foundation and corporate clients, as well as for high-net worth individuals and retail mutual funds. As part of its commitment to sustainable investing, TD Asset Management is a signatory to the United Nations Principles for Responsible Investment, a signatory to the Carbon Disclosure Project, and a member of the Canadian Coalition for Good Governance (in Canada only). About TD Bank Financial Group The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank Financial Group is the sixth largest bank in North America by branches and serves approximately 17 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Insurance; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD Banknorth and TD Bank, America's Most Convenient Bank; and Wholesale Banking, including TD Securities. TD Bank Financial Group also ranks among the world's leading online financial services firms, with more than 5.5 million online customers. TD Bank Financial Group had CDN$585 billion in assets on January 31, 2009. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.
For further information: For media inquires about the Policy or about TD's broader approach to sustainability: Julia Koene, Corporate & Public Affairs, TD Bank Financial Group at (416) 307-8664 or firstname.lastname@example.org
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