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CA
updated 21 days ago

The TD Canada Trust Company Sustainability Profile

Company website

The TD Canada Trust Company, a prominent financial institution headquartered in Canada, has established itself as a leader in the banking sector since its founding in 1855. With a strong presence across major regions in Canada, TD Canada Trust offers a comprehensive range of services, including personal banking, commercial banking, and wealth management. Renowned for its customer-centric approach, the company provides unique products such as innovative mortgage solutions and tailored investment services. TD Canada Trust has consistently achieved high customer satisfaction ratings, solidifying its position as one of Canada's top banks. With a commitment to community engagement and sustainable practices, TD Canada Trust continues to set benchmarks in the financial industry, making it a trusted choice for millions of Canadians.

DitchCarbon Score

How does The TD Canada Trust Company'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.

51

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

The TD Canada Trust Company's score of 51 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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The TD Canada Trust Company's reported carbon emissions

Inherited from The Toronto-Dominion Bank

The TD Canada Trust Company, headquartered in Canada, currently does not report specific carbon emissions data for the latest year, as no emissions figures are available. However, it is important to note that the company is a current subsidiary of The Toronto-Dominion Bank, which may influence its climate commitments and performance metrics. As part of its climate initiatives, The TD Canada Trust Company inherits sustainability targets and commitments from its parent organization, The Toronto-Dominion Bank. This includes participation in the Carbon Disclosure Project (CDP) and the RE100 initiative, both of which are aimed at enhancing transparency and promoting renewable energy usage. The specific reduction targets from these initiatives have not been detailed in the available data. While no absolute emissions numbers or specific reduction targets are provided, the company's alignment with its parent’s sustainability efforts indicates a commitment to addressing climate change and reducing carbon footprints in the financial sector. Further information may be required to assess the full scope of their climate commitments and performance.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2015201620172018201920202021202220232024
Scope 1
53,680,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
146,995,000
000,000,000
000,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
0,000,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

How Carbon Intensive is The TD Canada Trust Company's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. The TD Canada Trust Company's primary industry is , which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is The TD Canada Trust Company's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for The TD Canada Trust Company is in CA, which has a very low grid carbon intensity relative to other regions.

The TD Canada Trust Company's Scope 3 Categories Breakdown

The TD Canada Trust Company's Scope 3 emissions, which increased by 11% last year and decreased by approximately 5% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 88% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
88%
Capital Goods
8%
Business Travel
2%
Fuel and Energy Related Activities
2%
Downstream Leased Assets
<1%
Upstream Leased Assets
<1%

The TD Canada Trust Company'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.

The TD Canada Trust Company 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare The TD Canada Trust Company's Emissions with Industry Peers

Bmo Financial

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Equitable

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 8 days ago

Rbc

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Mogo Inc.

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 12 days ago

Canadian Imperial Bank Of Commerce

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 7 days ago

Bank Of Nova Scotia

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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