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Toronto-Dominion Bank

Country
Canada
Sector
Financial Services
Industry
Banks - Diversified
Employees
100,000
Ticker
TD
Exchange
TORONTO STOCK EXCHANGE
Website
www.td.com
Description
The Toronto-Dominion Bank is a major Canadian multinational financial institution, recognized as one of Canada’s largest banks by assets and a top banking group in North America. Its core function is ...

Toronto-Dominion Bank's Climate Target Data Preview

As of 2024, Toronto-Dominion Bank has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 4 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Toronto-Dominion Bank's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Canadian Dollar (CAD) of Loan Ammount
0000000
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer
0000000
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Passenger Kilometer
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
Limited Data Preview
You are viewing a limited preview of Toronto-Dominion Bank’s Climate Target dataset. The full dataset, available for download, includes detailed baseline information for both absolute and intensity targets, along with reported progress and achievement details as of 2024.
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Verified Sources Behind Toronto-Dominion Bank’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Toronto-Dominion Bank’s data sources below and access millions more through our Disclosure Search.

a. Toronto-Dominion Bank's Sustainability Report 2024

Insights into Toronto-Dominion Bank's Greenhouse Gas Emissions Pathways

As of 2024, Toronto-Dominion Bank has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

Does Toronto-Dominion Bank have a target to reduce the emissions from its operations?

As of 2024, Toronto-Dominion Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Toronto-Dominion Bank's most ambitious operational target is to reduce these emissions by 25% by 2025, compared to a baseline of 162,849 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a

Toronto-Dominion Bank has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2025 value, achieving its climate goal ahead of schedule.a

Toronto-Dominion Bank's Operational (Scope 1+2) Emissions Pathway

201920242025045 k90 k135 k180 kBaselineCurrent (-29%)

Does Toronto-Dominion Bank have a target to reduce the emissions from its value chain?

As of 2024, Toronto-Dominion Bank has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

Toronto-Dominion Bank's most ambitious value chain target is to reduce these emissions by 60% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2019.a

As of 2022, Toronto-Dominion Bank is lagging behind on its value chain emissions reduction target, having achieved 16.32% of the planned reduction.a

Toronto-Dominion Bank's Value Chain (Scope 3) Emissions Pathway

20192022203000000Current (-10%)Target 2030 (-60%)
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