Toronto-Dominion Bank
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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Canadian Dollar (CAD) of Loan Ammount | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Passenger Kilometer | Copy restricted. Please purchase to unlock this data.  a | 2030 |
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Verified Sources Behind Toronto-Dominion Bank’s Climate Targets Data
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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
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