Td
Toronto-Dominion Bank, commonly known as TD, is a leading financial institution headquartered in Toronto, Canada. Established in 1855, TD has grown to become one of North America's largest banks, with a significant presence across Canada and the United States. The bank operates primarily in the banking and financial services industry, offering a wide range of products including personal and commercial banking, wealth management, and insurance services. TD is renowned for its customer-centric approach and innovative digital banking solutions, which set it apart in a competitive market. With a strong commitment to sustainability and community engagement, TD has achieved notable recognition, including being named one of the world's most sustainable banks. As a trusted financial partner, TD continues to expand its services while maintaining a robust market position.
DitchCarbon Score
How does Td's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Td's score of 41 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Td's reported carbon emissions
In 2023, TD reported total carbon emissions of approximately 64,142,000 kg CO2e in the US and about 51,840,000 kg CO2e in Canada. The emissions breakdown for Canada included 25,280,000 kg CO2e from Scope 1, 26,561,000 kg CO2e from Scope 2, and 20,849,000 kg CO2e from Scope 3. In the US, Scope 1 emissions were 14,807,000 kg CO2e, Scope 2 emissions totalled 49,335,000 kg CO2e, and Scope 3 emissions reached 21,226,000 kg CO2e. Over the years, TD has shown a commitment to reducing its carbon footprint. In 2022, the company reported a total of approximately 65,174,000 kg CO2e in the US and 56,955,000 kg CO2e in Canada. The emissions for Canada comprised 27,870,000 kg CO2e from Scope 1, 29,086,000 kg CO2e from Scope 2, and 8,475,000 kg CO2e from Scope 3. Despite these figures, TD has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to monitor and report its emissions across all scopes, demonstrating a commitment to transparency in its climate impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 2,100,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 17,400,000 | 00,000,000 | 000,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,700,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Td is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
