Tree Canada

Tree Canada

April 15, 2011 08:15 ET

Tree Canada Recognizes TD Bank Group's Environmental Leadership With Eterne Award

Award celebrates TD's innovative environmental stewardship initiatives in 2010

TORONTO, ONTARIO--(Marketwire - April 15, 2011) - TD Bank Group is the 2010 recipient of the Eterne Award, a national award given to an outstanding sponsor of Tree Canada to recognize their environmental stewardship and commitment to improving the lives of Canadians through greening and reforestation projects.

Tree Canada President Michael Rosen will be presenting the Eterne Award to Teri Currie, Group Head, Marketing, Corporate and People Strategies, TD Bank Group at the Green Living Show, Direct Energy Centre in Toronto on Friday, April 15th at 9:15 a.m.

It was an exceptional year of partnership between TD Bank Group and Tree Canada in 2010. The TD Green Streets program was created with TD Friends of the Environment Foundation (TD FEF) to help support communities for urban forestry projects, from coast to coast. The program received over 100 applications during its first year, exceeding all expectations.

"TD Bank Group is an exemplary partner in their commitment to the environment," said Michael Rosen, Tree Canada President. "They have addressed the issue of carbon, beautification and community involvement in all their projects. We are proud to be associated with them in the greening of Canada."

TD Bank Group also created TD Tree Days, a tree planting program that engages employees and their families in environmental stewardship by planting more than 18,000 trees nationwide. Working with Tree Canada, and as part of its commitment to carbon neutral operations, TD also developed a state-of-the-art carbon offset planting project with the Munsee-Delaware Nation in south western Ontario using fast-growing hybrid poplar trees that will sequester many tonnes of TD's CO2 emissions over a 31 year period.

"At TD, we are committed to being an environmental leader. We've made significant progress over the past few years including becoming the first carbon neutral bank in North America, reducing our operational footprint, powering many parts of our business with renewable energy, offering our customers green product options and engaging in innovative environmental partnerships including these initiatives with Tree Canada," said Currie. "While we have much more work to do, receiving this award is a wonderful acknowledgment of the journey we're on to keep improving our environmental performance and contributions."

The Eterne Award is made from a section of an ancient tree found in the Salomon Creek valley in Alberta outside the eastern boundary of Jasper National Park. It was from a spruce tree growing in the valley in 2240-2400 B.C. The tree was 180 years old when a cataclysmic landslide buried it until it was unearthed again in 1980 by a flood.

Called "Eterne" to acknowledge the dynamism and eternal nature of trees and forests, the prize has been awarded annually since 1993.

About Tree Canada

Tree Canada is a not-for-profit charitable organization established to encourage Canadians to plant and care for trees in urban and rural environments. A winner of the Canadian Environmental Award (2007), Tree Canada engages Canadian companies, government agencies and individuals to support the planting of trees, the greening of schoolyards, and other efforts to sensitize Canadians to the benefits of planting and maintaining trees. To date, more than 77 million trees have been planted, more than 450 schoolyards have been greened, and Tree Canada has organized 9 national urban forest conferences. More information about Tree Canada is available at www.treecanada.ca.

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