TD Bank goes carbon neutral
The bank, which first announced its plans in 2008, has worked to improve efficiency and performance in its energy policy through a mix of carbon credits, use of renewable energy, retrofitted lighting, upgraded data centers and new heating and cooling systems.
Since 2009, TD has been purchasing energy certificates equivalent to the electricity consumed by the banks operations in British Columbia, Alberta, Saskatchewan, Nova Scotia and Prince Edward Island plus its network of 2,700 Green Machine banking terminals.
In the U.S., TD Bank is purchasing renewable energy certificates equivalent to 100 percent of its energy use this year.
The banks future green and sustainability projects include flexible workspace, LEED certifications for building designs and rooftop renewable energy generation on local branches.
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LONDON - Ontario Teachers’ Pension Plan Board (‘Ontario Teachers’) has reached an agreement with Scotland-based energy provider SSE plc (‘SSE’) to acquire a 25% minority stake in its electricity transmission network business, SSEN Transmission, to provide clean, affordable renewable energy to millions of homes and businesses across the UK.
The transaction is based on an effective economic date of 31 March 2022, and total cash proceeds of £1,465m for the 25% stake are expected at completion. The transaction is expected to complete shortly.
SSEN Transmission, which operates under its licenced entity, Scottish Hydro Electric Transmission plc, transports electricity generated from renewable resources…
