Toronto-Dominion Bank

Country
Canada
Sector
Financial Services
Industry
Banks - Diversified
Employees
100,424
Ticker
TD
Exchange
TORONTO STOCK EXCHANGE
Website
www.td.com
Description
Toronto-Dominion Bank is a major Canadian multinational banking and financial services corporation, renowned for offering a comprehensive range of retail, commercial, and corporate banking services. I...

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 target 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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2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Canadian Dollar (CAD) of Loan Ammount
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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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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Passenger Kilometer
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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.

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.

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.

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.

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.

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.

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

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

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