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 Energy Data Preview

In 2023, Toronto-Dominion Bank disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Toronto-Dominion Bank disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Toronto-Dominion Bank also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate Toronto-Dominion Bank's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Verified Sources Behind Toronto-Dominion Bank’s Energy Management 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 2023
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Insights into Toronto-Dominion Bank's Energy Renewability

In 2023, Toronto-Dominion Bank consumed a total of 2.22 million Gigajoules of energy across its operations. Of this total, 65.84% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 34.16% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a

Toronto-Dominion Bank's Energy Renewability Rate

66%

How much of Toronto-Dominion Bank's energy consumed is renewable?

In 2023, Toronto-Dominion Bank consumed a total of 2.22 million Gigajoules of energy, of which 65.84% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This moderate level of renewable energy adoption indicates that Toronto-Dominion Bank is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Toronto-Dominion Bank's energy practices becoming more sustainable?

Since 2021, Toronto-Dominion Bank's total energy consumption decreased by 4.37%, including a further 6.24% drop in 2023, highlighting a continued decline in energy use. a

Over the same period, the share of renewable energy in Toronto-Dominion Bank's consumption increased by 1.25%, showing a recent positive trend in clean energy adoption. a

Toronto-Dominion Bank's Renewable vs Non-renewable Energy Over Time

2.55 M1.05 M450.96 k2.55 MGigajoules (GJ)20212022202365%66%35%34%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Toronto-Dominion Bank's Energy Consumption & Production Mix

In 2023, Toronto-Dominion Bank disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Toronto-Dominion Bank's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a

Toronto-Dominion Bank's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(65.8%)Natural Gas(25.0%)Chilled Water,Diesel, Heating Oil,Propane and Steam(Unspecified Source)(9.2%)

What are the main sources and generation technologies behind Toronto-Dominion Bank's energy consumption?

In 2023, Toronto-Dominion Bank's total energy consumption was primarily sourced from a

  • Electricity (Unspecified Source) (65.84%)
  • Natural Gas (24.95%)
  • Chilled Water, Diesel, Heating Oil, Propane and Steam (Unspecified Source) (9.21%)

How diverse is Toronto-Dominion Bank’s energy consumption mix?

In 2023, Toronto-Dominion Bank consumed energy from 6 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source. a

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