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TD Securities, a prominent player in the financial intermediation services sector, is headquartered in Canada and operates across major financial markets globally. Founded in 1983, the firm has established itself as a leader in providing a comprehensive range of services, including investment banking, capital markets, and risk management solutions.
With a focus on delivering tailored financial strategies, TD Securities distinguishes itself through its commitment to client-centric service and innovative financial products. The firm has achieved significant milestones, including notable rankings in various industry assessments, reflecting its strong market position.
As part of the TD Bank Group, TD Securities leverages its extensive resources and expertise to serve a diverse clientele, making it a trusted partner in navigating complex financial landscapes.
47
DitchCarbon score
+10 vs industry average
TD Securities’s score of 47 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2023
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
TD Securities's reported carbon emissions
TD Securities, a financial intermediation services provider based in Canada, reported its most recent carbon emissions data for 2020. In 2020, its Scope 1 emissions were 42,512,000 kg CO2e, and its Scope 2 market-based emissions were 6,835,000 kg CO2e. Scope 3 emissions for 2020 included 173,467,000 kg CO2e from capital goods, 8,593,000 kg CO2e from business travel, 1,121,000 kg CO2e from downstream leased assets, 1,562,900,000 kg CO2e from purchased goods and services, and 23,436,000 kg CO2e from fuel and energy-related activities. The combined Scope 1 and 2 market-based emissions for 2020 were 49,346,000 kg CO2e.
Looking back, in 2019, TD Securities' Scope 1 emissions were 50,711,000 kg CO2e, and Scope 2 market-based emissions were 8,061,000 kg CO2e. Scope 3 emissions for 2019 included 97,631,000 kg CO2e from capital goods, 17,159,000 kg CO2e from business travel, 848,000 kg CO2e from downstream leased assets, 1,287,900,000 kg CO2e from purchased goods and services, and 32,166,000 kg CO2e from fuel and energy-related activities.
For 2018, Scope 1 emissions were 53,270,000 kg CO2e, and Scope 2 market-based emissions were 7,833,000 kg CO2e. Scope 3 emissions for 2018 included 83,773,000 kg CO2e from capital goods, 18,856,000 kg CO2e from business travel, 48,000 kg CO2e from downstream leased assets, 1,234,451,000 kg CO2e from purchased goods and services, and 37,563,000 kg CO2e from fuel and energy-related activities.
TD Securities, as a subsidiary of The Toronto-Dominion Bank, has climate commitments. DataBank, an entity associated with these commitments, aims to mitigate 100% of Scope 1 and Scope 2 emissions by 2030 through energy efficiency, renewable power, and other initiatives. Furthermore, there is a target to achieve a 50% reduction in financed Scope 1 and Scope 2 GHG emissions intensity by 2030, from a 2019 baseline. As of the end of 2023, an estimated 44% reduction in financed Scope 1 and Scope 2 GHG emissions intensity had been achieved against the 2019 baseline. Additionally, Canada, where the company is headquartered, has committed to Net Zero by 2050.
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TD Securities’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
Inherited from The Toronto-Dominion BankSign in to view
Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
Inherited from The Toronto-Dominion BankSee details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
TD Securities24 days ago
47
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