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TD Canada Trust greens all its Green Machines with renewable electricity
Bank commits to reducing its environmental impact with Bullfrog Power and The Pembina Institute TORONTO, June 17 /CNW/ - TD Canada Trust today announced an agreement with Bullfrog Power and The Pembina Institute through which the bank will annually purchase 6,432 megawatt hours (MWh) of clean, renewable power from emission-free generation sources such as wind power and low-impact water power. This renewable electricity will match the power used by the TD Green Machine network of nearly 2,600 Automated Bank Machines across the country. The decision to purchase green power follows up on the bank's commitment to reduce greenhouse gas emissions across its Canadian operations, and is one of the steps TD is taking to ensure its Canadian operations are carbon neutral in 2010. TD is the first major bank in Canada to adopt this goal. "Reducing our own greenhouse gas emissions is a key element of our ongoing commitment to tackle climate change and reduce our environmental impact," said Mike Pedersen, Group Head Corporate Operations, TD Bank Financial Group. "By choosing clean, renewable power for our Green Machines, we will reduce our carbon footprint, help clean our air quality and support the development of renewable energy." "We're very pleased to be working with TD to advance the development of renewables in Canada," said Tom Heintzman, President, Bullfrog Power. "TD Canada Trust's decision to green its Green Machines will not only reduce the bank's electricity-related emissions footprint, it will also help to raise awareness about the choice many Canadians have to buy green power for their own homes and businesses." Bullfrog Power, a leading Canadian provider of 100 per cent green electricity, provides homes and businesses in Alberta and Ontario with an easy way to reduce their footprint and help create clean, renewable sources that displace polluting and carbon-intensive sources such as coal. In regions where Bullfrog Power is available, TD Green Machines are now "bullfrogpowered." Where Bullfrog Power is not available, The Pembina Institute will inject made-in-Alberta wind power onto the electricity grid to match the electricity use of the Green Machines in those regions. For more information please visit www.tdcanadatrust.com/greenpower. 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 seventh 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; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD Banknorth and Commerce; and Wholesale Banking, including TD Securities. TD Bank Financial Group also ranks among the world's leading on-line financial services firms, with more than 5.5 million on-line customers. TD Bank Financial Group had CDN$503.6 billion in assets as of April 30, 2008. The Toronto-Dominion Bank trades on the Toronto and New York Stock Exchanges under the symbol "TD", as well as on the Tokyo Stock Exchange. About Bullfrog Power Bullfrog Power is a leading provider of 100 per cent green electricity. Founded in 2005, Bullfrog provides homes and businesses in Alberta and Ontario with an easy way to go green and help create a cleaner, healthier environment for future generations. All of Bullfrog's power comes from clean, renewable sources like wind power and low-impact water power that displace polluting and carbon-intensive sources like coal. Bullfrog sources power exclusively from generators that have received Environment Canada's Environmental Choice(M) Program EcoLogo(M) certification. Thousands of Canadian homeowners and hundreds of businesses have made the decision to become "bullfrogpowered" and support the generation of clean, renewable power. www.bullfrogpower.com About The Pembina Institute The Pembina Institute is a national non-profit environmental organization that advances sustainable energy solutions through innovative research, education, consulting and advocacy. We envision a world in which our immediate and future needs are met in a manner that protects the earth's living systems; ensures clean air, land and water; prevents dangerous climate change and; provides for a safe and just global community. www.pembina.org
For further information: Matthew Cram, TD Bank Financial Group, (416) 983-1514, firstname.lastname@example.org; Lauren Mostowyk, Bullfrog Power, (416) 360-3464 x221, email@example.com
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