Measuring energy consumption

In 2006, we successfully completed an energy management pilot project for select branches in southwestern Ontario. Based on our experience with this pilot, in 2007, the Bank rolled out an energy consumption tracking system across Canada, leveraging our invoice payment processes, for both branch and non-branch locations. This consumption information will help us better identify and assess opportunities for improved energy efficiency and conservation.

2007 Energy Consumption

Notes:

• The above information was collected from the best available data and methodologies, which includes information captured from invoices processed for payment from various utility vendors. Given the scope of the system implementation undertaken, we expect to continue refining systems and processes going forward. This data has not been verified by a third party.
• The scope of our reporting is based on 895 owned and leased branches and 23 owned office buildings across Canada representing 818,665 square metres. This area varies depending on utility type.

Greenhouse Gas Emissions

* Calculated in accordance with the Greenhouse Gas Protocol of the World Resources Institute and the World Business Council for Sustainable Development (www.ghgprotocol.org), including emissions factors for electricity purchases, natural gas and fuel (Canada).