Toronto-Dominion Centre Sustainability Report shows how a commitment to sustainability creates value for tenant businesses
Toronto's modernist icon provides cutting edge community for healthy, sustainable business
TORONTO, April 17, 2014 /CNW/ - Toronto-Dominion Centre (TD Centre) today announced the release of its second annual sustainability report, taking a unique approach to how a CSR report communicates the value created for tenant businesses. The report outlines the centre's sustainability initiatives and performance metrics for 2013 and explains how those initiatives support and enhance tenant businesses.
Download the Toronto-Dominion Centre Sustainability Report here: http://www.tdcentre.com/en/tenants/Documents/2014%20CSR%20Website.pdf
"Sustainability is at the core of everything we do, every decision we make," said David Hoffman, General Manager of Toronto-Dominion Centre. "It's not a band-aid or an afterthought. It is essential to the way we create long-term value for our tenants, and support them in their business objectives."
The report is built around a framework that communicates accomplishments in sustainability through the four cornerstones of business - financial capital, human capital, real capital and brand capital. Cadillac Fairview understands that every business operation needs all of these cornerstones to be strong and well supported for long-term success. By reporting sustainability initiatives through the lens of the four cornerstones of business, tenants can better understand the TD Centre's efforts for environmental stewardship and how those efforts enhance their own businesses.
"We're showing that by linking sustainability efforts to these cornerstones we can provide a business environment that contributes to the success of our clients," said Hoffman. "In doing so, we're also showing how one of Toronto's most recognizable modernist landmarks, built in the 1960s, remains on the cutting edge not only through its design but also through its management and operations."
Tenant businesses are seeing the benefits of the TD Centre's sustainability initiatives.
"We've been able to reduce operating expenses in the complex and provide better and healthier premises for our people" said Roger Johnson, Senior Vice President - Enterprise Real Estate, TD Bank Group.
Report highlights include:
- Four of the TD Centre's six office towers are certified LEED EB Gold or Platinum
- 7% reduction in energy use from 2012
- 13% reduction in greenhouse gas emissions from 2011
- 19% reduction in water consumption from 2012
- 12.3% increase in waste diverted from landfills
- On-site electric vehicle charging stations
- Over 50% of tenants now using daytime cleaning services
- Tenant Engagement on Sustainability − Three years after its inception, TD Centre's Occupant Engagement Program continues to have a highly engaged base
- Tenant Perspective − Interview with TD Bank's Chief Environmental Officer and SVP, Enterprise Real Estate regarding the TD Centre's sustainability initiatives
- 2013 NAIOP REX Green Award, the first time the award has gone to an operational program as opposed to a development project.
About the TD Centre
The Toronto-Dominion Centre is one of North America's largest business communities and home to 21,000 office employees. Due to its visionary design, unequaled size, and central location, this cultural landmark has played a significant role in the success of a generation of Canada's most innovative and extraordinary business leaders. The TD centre consists of six buildings: Toronto Dominion Bank Tower, 77 King Street West, 100 Wellington Street West, TD Waterhouse Tower, Ernst & Young Tower and 95 Wellington Street West. For more information, visit www.tdcentre.com.
About Cadillac Fairview
The Cadillac Fairview Corporation Limited is one of North America's largest owners, operators and developers of commercial real estate. Cadillac Fairview focuses on developing and managing high quality office, retail and mixed-use properties in Canada and the United States, as well as international investments in real estate companies and investment funds.
With a portfolio valued at more than $23 billion, Cadillac Fairview and its affiliates own and manage nearly 44 million square feet of leasable space at 73 properties across North America, including some of Canada's landmark developments, such as Toronto-Dominion Centre, Toronto Eaton Centre, Pacific Centre and Chinook Centre. Cadillac Fairview is wholly-owned by the Ontario Teachers' Pension Plan, which invests to secure the retirement income of 303,000 active and retired teachers in Ontario.
SOURCE Toronto-Dominion Centre (TD Centre)For further information:
(416) 640-5525 x 253