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.
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.
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.
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.
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.
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 
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.
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.