Td

TD, a financial intermediation services company headquartered in CA, reported its 2025 Scope 1 emissions as 40,690,000 kg CO2e, Scope 2 emissions as 75,507,000 kg CO2e, and Scope 3 emissions as 1,429,267,000 kg CO2e. This brings their total reported emissions for 2025 to approximately 1.54 billion kg CO2e.

Looking back, TD's 2024 emissions were 39,292,000 kg CO2e for Scope 1, 76,179,000 kg CO2e for Scope 2, and 1,309,875,000 kg CO2e for Scope 3, totalling approximately 1.43 billion kg CO2e. In 2023, their Scope 1 emissions were 40,346,000 kg CO2e, Scope 2 emissions were 76,970,000 kg CO2e, and Scope 3 emissions were 1,186,419,000 kg CO2e, for a total of approximately 1.3 billion kg CO2e.

TD has made significant climate commitments, including an interim target, announced in 2021, to achieve an absolute reduction in their location-based Scope 1 and 2 GHG emissions of 25% by 2025, relative to a 2019 baseline. This target aligns with a science-based 1.5°C pathway, utilising the SBTi's Absolute Contraction Approach, although TD is not an SBTi member. They reported exceeding this target, achieving a 29% reduction in location-based Scope 1 and 2 GHG emissions by the end of 2025 compared to their 2019 baseline. Following this success, TD has set a new interim target to achieve an absolute reduction in their location-based Scope 1 and 2 GHG emissions of 46.2% by 2030, also relative to a 2019 baseline and aligned with a science-based 1.5°C pathway. Additionally, in November 2020, TD announced its global Climate Action Plan, which includes a long-term target to achieve net-zero GHG emissions associated with its operations and financing activities by 2050, in alignment with the principles of the Paris Agreement.