TORONTO, April 18, 2016 /CNW/ - The Toronto-Dominion Centre, home to the original skyscrapers of Toronto's Financial District, has achieved industry-leading sustainability standards and set new levels of environmental performance. In its fourth-annual Sustainability Report released today, TD Centre demonstrates how smart investments and innovative programs are working to reduce the buildings' energy use, water consumption and landfill waste, while delivering a healthier workplace and cost savings to tenants.
"Doing our part to minimize our environmental footprint is vitally important to the TD Centre and the 21,000 people who come to work here every day," said David Hoffman, general manager, TD Centre. "We are deeply committed to sustainability and extremely proud to be recognized among the leading green buildings in the world."
Last year, all six of the TD Centre's towers earned LEED Platinum certification, making the 4.5 million square-foot complex one of the largest properties in North America to be granted the highest possible ranking for existing buildings. To qualify, TD Centre met strict criteria for energy and water efficiency, waste management and indoor environmental quality.
Over the past four years, TD Centre's investments in these areas have resulted in a 16.8 per cent reduction in energy use, a 16.7 per cent decrease in water consumption, and diverted 19 million kilograms of waste from landfill.
According to the Sustainability Report, in 2015 alone the TD Centre achieved the following year-over-year results:
- 3.8 per cent reduction in energy use, with tenant cost savings of nearly $800,000
- 3.9 per cent lower water consumption, conserving almost 14 million litres
- 81 per cent waste diversion rate, saving five million kilograms of waste from landfills and $300,000 in associated waste removal fees
"Everything we've been able to achieve has been the result of meaningful collaboration with our tenants, who continue to encourage us to build on our environmental efforts," explained Mr. Hoffman. "We will continue to aim for even healthier and greener buildings and to invest in new technologies and innovative tenant initiatives to raise the bar for sustainability even higher."
TD Centre has dedicated $200 million to greening and revitalization investments and introduced its Occupant Engagement Program, which encourages tenants to help meet progressive consumption targets. For example, as part of the program in 2015, tenants were offered free "midnight" energy audits. The audits, conducted by an external consultant, were done outside of business hours to identify potential energy savings that could be achieved. Ultimately, the audits uncovered nearly 500,000 kWh of potential electricity savings – worth about $70,000 at current electricity prices.
Going forward, TD Centre is targeting a sustained annual 2.5 per cent decrease in energy consumption, a 2 per cent decrease in water consumption and a 90 per cent waste diversion rate.
The complete Toronto-Dominion Centre Sustainability Report can be downloaded at this link.
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 $26 billion, Cadillac Fairview and its affiliates own and manage over 36 million square feet of leasable space at 66 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 307,000 active and retired teachers in Ontario.
SOURCE Cadillac Fairview Corporation Limited
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