Toronto-Dominion Bank
Toronto-Dominion Bank's GHG Emissions Data Preview
In 2024, Toronto-Dominion Bank completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Toronto-Dominion Bank has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Toronto-Dominion Bank’s Greenhouse Gas (GHG) Emissions 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.
Insights into Toronto-Dominion Bank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Toronto-Dominion Bank amounted to 44,642 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Toronto-Dominion Bank decreased by 61.95%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
Toronto-Dominion Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Toronto-Dominion Bank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Toronto-Dominion Bank were 39,292 metric tons of CO₂ equivalent (tCO₂e). a
Has Toronto-Dominion Bank reduced its Scope 1 emissions over time?
Since 2019, Toronto-Dominion Bank's Scope 1 emissions have decreased by 25.34%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Toronto-Dominion Bank's Scope 1 emissions decreased by 2.61%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Toronto-Dominion Bank's Scope 2 emissions?
In 2024, Toronto-Dominion Bank reported Scope 2 greenhouse gas (GHG) emissions of 5,350 tCO₂e using the market-based method. a
What methodology does Toronto-Dominion Bank use for Scope 2 reporting?
In 2024, Toronto-Dominion Bank reported its Scope 2 emissions using the market-based method. a
Toronto-Dominion Bank's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Toronto-Dominion Bank's Value Chain Emissions
In 2024, Toronto-Dominion Bank reported 1,300,405 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Toronto-Dominion Bank includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, down from 6 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
Toronto-Dominion Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Toronto-Dominion Bank's Scope 3 emissions?
In 2024, Toronto-Dominion Bank reported total Scope 3 emissions of 1,300,405 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 99.97% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.03% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Toronto-Dominion Bank reduced its Scope 3 emissions over time?
Since 2019, Toronto-Dominion Bank's Scope 3 emissions have decreased by 97.91%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), Toronto-Dominion Bank's Scope 3 emissions decreased by 85.01%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does Toronto-Dominion Bank disclose?
In 2024, Toronto-Dominion Bank reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Toronto-Dominion Bank's Scope 3 emissions?
In 2024, the largest contributors to Toronto-Dominion Bank's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 1,144,923 tCO₂e (88.04%)
- Capital Goods (Cat. 2): 104,032 tCO₂e (8%)
- Business Travel (Cat. 6): 28,807 tCO₂e (2.22%)
Toronto-Dominion Bank's Scope 3 Emissions by Categories
Insights into Toronto-Dominion Bank’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Toronto-Dominion Bank reported Scope 1 greenhouse gas (GHG) emissions of 39,292 tCO₂e and total revenues of USD 40,407 millions. This translates into an emissions intensity of 0.97 tCO₂e per millions USD. a
Toronto-Dominion Bank's Scope 1 Emissions Intensity Compared to Peers
How does Toronto-Dominion Bank's GHG emissions intensity compare to its peers?
In 2024, Toronto-Dominion Bank reported a Scope 1 emissions intensity of 0.97 tCO₂e per millions USD. Compared to the peer group median of 0.57 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Toronto-Dominion Bank rank on GHG emissions intensity within its industry?
In 2024, Toronto-Dominion Bank ranked 16 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Toronto-Dominion Bank is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Toronto-Dominion Bank's Total Carbon Footprint
In 2024, Toronto-Dominion Bank reported a total carbon footprint of 1,345,047 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 84.71% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Toronto-Dominion Bank's total carbon footprint was Scope 3 emissions, accounting for 96.68% of the company's total carbon footprint, followed by Scope 1 emissions at 2.92%. a