TD Bank, National Association Sustainability Profile
TD Bank, National Association, commonly known as TD Bank, is a prominent financial institution headquartered in the United States. Established in 1852, it has grown to become one of the largest banks in North America, with a significant presence in the Eastern U.S. and parts of Canada. Operating within the banking and financial services industry, TD Bank offers a diverse range of products, including personal and business banking, investment services, and wealth management. Its commitment to customer service and convenience, exemplified by extended hours and a user-friendly digital platform, sets it apart from competitors. With a strong market position, TD Bank has received numerous accolades for its customer satisfaction and innovative banking solutions, solidifying its reputation as a trusted financial partner for millions.
DitchCarbon Score
How does TD Bank, National Association'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 Bank, National Association's score of 47 is higher than 67% 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 Bank, National Association's reported carbon emissions
In 2023, TD Bank, National Association reported total carbon emissions of approximately 6,230,000 kg CO2e. This figure includes 480,000 kg CO2e from Scope 1 emissions, 950,000 kg CO2e from Scope 2 emissions, and a significant 4,800,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 1,430,000 kg CO2e. Comparatively, in 2022, the bank's total emissions were about 6,495,000 kg CO2e, with Scope 1 emissions at 495,000 kg CO2e, Scope 2 emissions at 1,000,000 kg CO2e, and Scope 3 emissions at 5,000,000 kg CO2e. This indicates a reduction in total emissions of approximately 262,000 kg CO2e from 2022 to 2023. TD Bank's emissions data is cascaded from its parent company, The Toronto-Dominion Bank, reflecting a corporate family relationship. However, there are currently no specific reduction targets or initiatives reported under the Science Based Targets initiative (SBTi) or other climate pledges. Overall, TD Bank, National Association is actively monitoring its carbon footprint across all scopes, with a focus on reducing its environmental impact in alignment with broader industry standards.
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| 2019 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 50,711,000 | 000,000 | 000,000 |
| Scope 2 | 8,061,000 | 0,000,000 | 000,000 |
| Scope 3 | 1,435,704,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is TD Bank, National Association's Industry?
How Carbon Intensive is TD Bank, National Association's Location?
TD Bank, National Association's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
TD Bank, National Association has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
