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 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.
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Td's reported carbon emissions
In 2024, TD reported total carbon emissions of approximately 73,450,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 1,144,923,000 kg CO2e. The breakdown of emissions includes 39,292,000 kg CO2e from Scope 1 and 53,500,000 kg CO2e from Scope 2 (market-based). For 2023, TD's emissions in Canada were approximately 51,840,000 kg CO2e, with Scope 1 emissions at 25,280,000 kg CO2e and Scope 2 emissions at 26,561,000 kg CO2e. In the US, emissions were about 64,142,000 kg CO2e, with Scope 1 at 14,807,000 kg CO2e and Scope 2 at 49,335,000 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.
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| 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| 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
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 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.
