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 50 is higher than 96% 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's carbon emissions in Canada totalled approximately 51,840,000 kg CO2e, comprising 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 emissions. Globally, the total emissions for the same year reached about 117,317,000 kg CO2e, with Scope 1 emissions at 40,346,000 kg CO2e, Scope 2 at 76,970,000 kg CO2e, and Scope 3 emissions amounting to approximately 1,053,692,000 kg CO2e. In previous years, TD has shown a commitment to reducing its carbon footprint. For instance, in 2021, the total emissions were approximately 119,186,000 kg CO2e globally, with significant contributions from Scope 1 (40,847,000 kg CO2e) and Scope 2 (78,959,000 kg CO2e). The company has not specified any formal reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi), indicating a potential area for future commitment. Overall, TD's emissions data reflects a substantial carbon footprint, with ongoing efforts needed to enhance their climate commitments and reduction strategies.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 committed to some 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.
