1 mike pedersen, td bank financial group firma conference april 30, 2009
TRANSCRIPT
1
Mike Pedersen, TD Bank Financial GroupFIRMA Conference April 30, 2009
Risk Management = Competitive Advantage
2
Financial Crisis Split Sector Along Risk Management Lines
3
TD Weathered the Storm
4
Understand and Manage Risk: Guiding Principle at TD
5
6
TD’s Position
• Strongly Capitalized Bank• Strong Balance Sheet• Triple A Rating• North American Powerhouse
TD Bank, America’s Most Convenient Bank
7
Environment: Critical Risk Management Issue
8
Environment: Risk and Opportunity
9
Underestimate Environmental Impact at Your Peril
10
Winning Organizations Think Green
11
Global Warming
12
The U.S. Government
13
International Climate Change Treaty
14
15
Implications
• Job Losses• New Industry and Sector
Economics• Trade Tariffs
Environmental Disasters
16
Carbon Pricing
17
Reputation Risk
18
Public Pressure
19
Opportunities
20
21
Attracting and Retaining Talent
22
23
Additional Opportunities
• Reduced Costs• Building Brand• Achieving Marketing Goals• Stronger Ties
First Canadian Bank to go Carbon Neutral
24
Step 1: Reduce Energy Consumption
25
Step 2: Use Green Energy
26
Step 3: Help Others Lower Their Emissions
27
28
Chief Environment Officer
Karen Clarke-Whistler
Create Opportunities Across the Enterprise
29
Engage Public and Do Good
30
31
32
Importance of External Recognition
• Positive Impact on Reputation• TD one of World’s 100 Most
Sustainable Companies • Environment Initiatives can Enhance
Competitive Position and be Profitable
Understand and Manage Environmental Risk
33
#1: Get Your House in Order
34
#2: Understand Long-term Environment Implications on Your Business
35
#3: Make a Difference Together
36
37