Td

Td's reported carbon emissions

TD, a financial intermediation services company headquartered in CA, reported approximately 115.47 million kg CO2e for Scope 1 and 2 emissions (market-based) in 2024. Scope 1 emissions totalled approximately 39.29 million kg CO2e, with stationary combustion contributing the largest portion at about 28.83 million kg CO2e. Scope 2 emissions, based on the market-based approach, were around 5.35 million kg CO2e, primarily from purchased steam. For the same year, TD's Scope 3 emissions were substantial, with purchased goods and services accounting for approximately 1.14 billion kg CO2e. Other significant Scope 3 categories included capital goods at about 104.03 million kg CO2e and business travel at approximately 28.81 million kg CO2e. Looking back, in 2023, TD's Scope 1 and 2 (market-based) emissions were approximately 47.28 million kg CO2e. Scope 3 emissions were dominated by purchased goods and services at approximately 1.05 billion kg CO2e. TD has established several climate commitments. Notably, they had an interim target to achieve an absolute reduction in their location-based Scope 1 and 2 GHG emissions of 25% by 2025, relative to a 2019 baseline. They have also stated an aim to achieve net-zero emissions by 2030. Furthermore, TD announced a global Climate Action Plan in November 2020, which includes a target to achieve net-zero GHG emissions associated with its operations and financing activities by 2050, aligned with the Paris Agreement.