Toronto's iconic TD Centre releases its third annual Sustainability Report
TORONTO, April 20, 2015 /CNW/ - Responsible business is smart business. Green buildings benefit not only the environment, people and energy costs, but also offer a competitive advantage as businesses look to work with sustainable organizations.
Released today, TD Centre's third annual Sustainability Report outlines the centre's green initiatives and performance metrics for 2014 and explains how those initiatives support and enhance tenants' financial, human, real and brand capital. Managing energy and being accountable is core to sustainability.
"Our initiatives continuously measure, improve and reduce our environmental footprint and this has benefits beyond cost savings to include the broader health and wellbeing of building occupants and tenant employees," said David Hoffman, general manager, TD Centre. "This report demonstrates concrete changes happening every day to ensure TD Centre is the industry leader."
This year's report included not only the new metrics, but the results of TD Centre's first 5-year GREEN AT WORKTM program which concluded in 2014. During this time TD Centre delivered a 13 per cent energy reduction, 42 per cent water reduction and 79 per cent waste diversion.
Download the full Toronto-Dominion Centre Sustainability Report at this link
As green buildings have become a growing business necessity, the TD Centre now integrates sustainability and the results of this report into financial reporting and business decision making. This approach results in efficient operations, improved workplaces and enhanced governance.
"As the original iconic skyscrapers of Toronto's Financial District, we have long been leaders on Bay Street and this report proves that the innovation continues," added Hoffman. "We want our tenants to be healthy, productive and competitive. Managing and operating through a sustainability lens provides the ideal business environment to make this possible."
Sustainability is an organizational priority across The Cadillac Fairview Corporation and its work countrywide can be found in the recently released Cadillac Fairview National Sustainability Report, available here
TD Centre Sustainability Report highlights include:
- All of the TD Centre's six office towers are certified LEED EB Gold or Platinum
- The TD Centre is the first commercial property to provide LEED CI partnerships to tenants
- Energy consumption reduced by 6.9 per cent in 2014, saving $300,000 in base building electricity costs alone
- 13 per cent reduction in greenhouse gas emissions, equivalent to annual emissions of 747 cars
- 80 per cent waste diversion in the last two months of 2014, overall annual diversion rate was 78 per cent
- All TD Centre towers received multiple LEED points for superior indoor air quality, contributing to the health and wellness of visitors, occupants and employees
- Sustainable building-wide initiatives such as carpooling resources, electric vehicle charging stations and green procurement practices for cleaning products
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
For further information: Media inquiries: Victoria Savoy, Hill+Knowlton Strategies, Victoria.Savoy@hkstrategies.ca, 416-413-4600