TD Canada Trust today announced an agreement with Bullfrog Power and The Pembina Institute through which the bank will annually purchase 6,432 megawatt hours (MWh) of clean, renewable power from emission-free generation sources such as wind power and low-impact water power.

This renewable electricity will match the power used by the TD Green Machine network of nearly 2,600 automated bank machines (ABMs) across the country.

The decision to purchase green power follows up on the bank’s commitment to reduce greenhouse gas emissions across its Canadian operations, and is one of the steps TD is taking to ensure its Canadian operations are carbon neutral in 2010. TD is the first major bank in Canada to adopt this goal.

“Reducing our own greenhouse gas emissions is a key element of our ongoing commitment to tackle climate change and reduce our environmental impact,” says Mike Pedersen, group head corporate operations, TD Bank Financial Group. “By choosing clean, renewable power for our Green Machines, we will reduce our carbon footprint, help clean our air quality and support the development of renewable energy.”

Bullfrog Power, a leading Canadian provider of 100 per cent green electricity, provides homes and businesses in Alberta and Ontario with an easy way to reduce their footprint and help create clean, renewable sources that displace polluting and carbon-intensive sources such as coal. In regions where Bullfrog Power is available, TD Green Machines are now “bullfrogpowered.” Where Bullfrog Power is not available, The Pembina Institute will inject made-in-Alberta wind power onto the electricity grid to match the electricity use of the Green Machines in those regions.