RBC Financial Group is bullfrogpowered(TM)29 September 2005
Bullfrog Power, Ontario's first 100% green electricity retailer, announced today that seven Toronto branches of RBC Financial Group have become bullfrogpowered. Bullfrog Power, which launched today, is the first and only 100% green electricity retailer in Ontario that sources power exclusively from wind and low-impact hydro generators that meet or exceed the Federal Government's EcoLogo(M) standard for renewable electricity. RBC, a recognized global leader in sustainable business practices, chose Bullfrog Power for several key GTA locations as part of its ongoing commitment to reduce its environmental impact by supporting renewable energy sources instead of fossil fuels. RBC was among the first financial institutions in Canada to purchase green power and is active in financing companies in Canada and internationally in the alternative energy sector. Electricity generation is the largest industrial source of air pollution in Ontario. With the launch of Bullfrog Power, Ontario residents and businesses can now choose to direct their electricity dollars to the production of clean, renewable power from generators that produce no CO2 or smog-inducing emissions. "RBC believes that sustained economic growth and a healthy environment are inextricably linked. That's why we continue to take a leading industry role to support and advocate sustainable business practices," said Chitwant Kohli, Vice-President, Corporate Real Estate, RBC Financial Group. "The decision to switch seven of our GTA branches to become bullfrogpowered forms part of our goal to reduce energy usage and emissions across our operations. This goal will be achieved through a combination of conservation and energy efficiency measures and the sourcing of clean renewable energy like Bullfrog Power." RBC's leading environmental performance record is reflected in the recognition the company has received from several leading indices:
- RBC was named to the 2005 and 2006 Dow Jones Sustainability Index, recognizing the world's financial, social and environmental corporate leaders.
- RBC is listed on the FTSE4Good Global Index, designed to track the performance of companies that meet globally recognized corporate responsibility standards in areas such as environmental sustainability, stakeholder relations and universal human rights.
- RBC is included on the Jantzi Social Index (JSI), a stock index of 60 Canadian companies that pass a set of social and environmental screens.
"By choosing to support renewable power from 100% EcoLogo-certified generation, these bullfrogpowered RBC locations are making an important contribution to reducing RBC's carbon footprint, and contributing to a healthier environment in our province," said Tom Heintzman, President, Bullfrog Power. "Sustainability is a new corporate performance measure, and RBC should be applauded for their outstanding leadership and ever increasing demonstration of environmental stewardship." The seven RBC branches that are bullfrogpowered as of today are located at:
- Spadina & Lonsdale - Humbertown Centre - Bayview & York Mills - Bloor & Grenview - Harbord & Spadina - Avenue & Lawrence - Yonge & Cranbrooke
About Bullfrog Power Bullfrog Power(TM) is a 100% green electricity retailer in Ontario that sources electricity exclusively from wind and low-impact water power producers who meet or exceed the federal government's EcoLogo(M) standard for renewable energy. Bullfrogpowered(TM) customers' electricity dollars support clean, renewable electricity from producers who are displacing polluting and CO2-emitting electricity on the Ontario grid. Bullfrog Power has pledged 10% of company profits to organizations that promote sustainability. Visit Bullfrog Power on the web at www.bullfrogpower.com.
For further information: Contact us: Paula Switzer, Director, Marketing Communications, Bullfrog Power, Tel: (416) 360-3464 x206, Mobile: (416) 889-5327, Email: paula.switzer@bullfrogpower.com; Rob McEwan, Senior Consultant, Veritas Communications, Tel: (416) 482-2248, Mobile: (416) 318-1936, Email: mcewan@veritascanada.com; Beja Rodeck, Media Relations, RBC Financial Group, (416) 974-5506, Beja.rodeck@rbc.com
Source: NewsWire
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