Karen Clarke-Whistler, Chief Environment Officer of TD Bank Group, talks about the newly released TD Green Bond
On March 28, 2014, TD Bank Group issued a three-year $500 million green bond offering – the first to be offered by a Canadian commercial bank. The bond was well over-subscribed by mainstream and socially responsible investors.
TORONTO, March 28, 2014 /3BL Media/ - TD Bank Group ("TD" or the "Bank") is proud to be the first commercial bank in Canada to offer a bond dedicated to funding green initiatives. Today - and led solely by TD Securities - the Bank launched the $500 million TD Green Bond maturing on April 3, 2017. Through the TD Green Bond, the Bank will now be able to offer investors an investment vehicle that supports environmental mandates while providing a market rate of return.
The past two decades have seen a tremendous growth in our understanding of the climate change imperative and in the enormity of the challenge that confronts us. It has become clear that meeting climate change mitigation objectives will require the aggressive deployment of clean energy technologies, substantial amounts of capital, and creative methods of engaging that capital around these activities.
NEW YORK, January 13, 2014 /3BL Media/ – A consortium of investment banks today announced their support of the Green Bond Principles – Bank of America Merrill Lynch, Citi, Crédit Agricole Corporate and Investment Banking, JPMorgan Chase, BNP Paribas, Daiwa, Deutsche Bank, Goldman Sachs, HSBC, Mizuho Securities, Morgan Stanley, Rabobank and SEB. These Principles were developed with guidance from issuers, investors and environmental groups and serve as voluntary guidelines on recommended process for the development and issuance of Green Bonds. They encourage transparency, disclosure and int
TORONTO, November 1, 2013 /3BL Media/ – Green bonds are emerging as a frontrunner to fund environmental investment and have garnered a considerable amount of attention from both investors and environmentalists, states TD Economics in a special report released today.