Public Profile

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.

69

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.

26

Industry Benchmark

Td's score of 69 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

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Td's reported carbon emissions

In 2023, TD reported total carbon emissions of approximately 51,840,000 kg CO2e from Scope 1 and Scope 2 combined, with Scope 1 emissions at about 25,280,000 kg CO2e and Scope 2 emissions at approximately 26,561,000 kg CO2e. Additionally, Scope 3 emissions from business travel were around 20,849,000 kg CO2e. TD has set ambitious climate commitments, aiming for net zero emissions by 2030 for both Scope 1 and Scope 2 emissions. This commitment reflects a proactive approach to reducing their carbon footprint and aligns with industry standards for climate action. Overall, TD's emissions data and climate commitments demonstrate a clear focus on sustainability and a strategic plan to mitigate their environmental impact in the coming years.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20152016201920202021202220232024
Scope 1
2,100,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
17,400,000
00,000,000
0,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
3,700,000
0,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Td's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Td is in CA, which has a low grid carbon intensity relative to other regions.

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 participating in some of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers