TD Bank showcases it’s leadership by releasing a unique report valuing Toronto’s Urban Forest at 7 Billion.
This spring TD Economics released a special report on the economic value of the environmental and social benefits provided by Toronto’s 10 million trees. The report drew a surprising amount of interest, and not just among those working in the urban forestry and environment sector but from the public at large, which tells us there’s a thirst for information that defines the economic value of the benefits provided by the natural environment. And it’s easy to see why – it makes the business case for preserving and growing our forests and other “natural capital.”
I’m often asked why TD Economics would pursue what is a somewhat unconventional area of study for a big bank. The answer is fairly simple. There’s a strong link between the environment and the economy. TD has made a commitment to be an environmental leader, and part of that means providing thought leadership that can help drive the important conversations we need to have about the environment.
Small green teams tasked with transforming large corporations, governments, cities, and neighborhoods face some tough challenges. TD Bank’s three-person green team employed a range of strategies to inject sustainability thinking into 27,000 employees dispersed in 1,300 locations. I find four of their tactics very smart and can be readily adapted by green teams everywhere.
