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Toronto-Dominion Bank, commonly known as TD, is a leading financial institution headquartered in Toronto, Canada. Established in 1855, TD has evolved into a prominent player in the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding. With a strong presence across North America, TD operates in key regions including Canada and the United States.
TD offers a diverse range of core products and services, including personal banking, investment services, and wealth management, distinguished by their commitment to customer service and innovative digital solutions. The bank has achieved notable milestones, such as being consistently ranked among the top banks in North America, reflecting its robust market position and dedication to excellence in financial services.
+29 vs industry average
Tdās score of 66 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ā¢ā¢ā¢ of total emissions.
TD, a financial intermediation services provider headquartered in CA, has reported its carbon emissions across Scopes 1, 2, and 3. In 2024, TD's total emissions were approximately 1.53 billion kg CO2e. This figure comprises Scope 1 emissions of about 39.3 million kg CO2e, Scope 2 market-based emissions of approximately 5.35 million kg CO2e, and Scope 3 emissions of around 1.48 billion kg CO2e.
For 2023, TD's total emissions were approximately 1.13 billion kg CO2e, including Scope 1 emissions of about 40.3 million kg CO2e, Scope 2 market-based emissions of approximately 6.93 million kg CO2e, and Scope 3 emissions of around 1.11 billion kg CO2e.
TD has established several climate commitments. The organisation has an interim target to achieve a 25% absolute reduction in its location-based Scope 1 and 2 GHG emissions by 2025, relative to a 2019 baseline. Furthermore, TD has announced a global Climate Action Plan with a target to achieve net-zero GHG emissions associated with its operations and financing activities by 2050, aligned with the principles of the Paris Agreement. TD aims to achieve net zero emissions by 2030.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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