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Toronto-Dominion Bank (TD Bank)Canada
Created before Nov 2016
Last update: 2018-04-16 14:41:42
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About Toronto-Dominion Bank (TD Bank)
Toronto-Dominion Bank head office. Photo: Google Earth/StreetviewThe Toronto-Dominion Bank is a Canadian multinational banking and financial services corporation, operating as TD Bank Group. The bank was created in 1955 through the merger of the Bank of Toronto and Dominion Bank, which were founded in 1855 and 1869 respectively. TD Bank Group is now the second largest bank in Canada by market capitalization and deposits, and one of the ten largests banks in the United States. On January 1st, 2018, TD Bank Group controlled assets worth CAD 1.261 trillion.
| Website | http://www.td.com |
| Headquarters |
12th Floor, 55 King St. West
ON M5K 1A2 Toronto
Canada
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| CEO/chair |
Bharat Masrani Group President and Chief Executive Officer |
| Supervisor | |
| Annual report | Annual Report 2017 |
| Ownership |
listed on NYSE Euronext & Toronto Stock Exchange
Public shareholders |
Related Dodgy Deals
Toronto-Dominion Bank (TD Bank) has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
Projects - active profiles
Annova LNG Terminal United States profile
Atlantic Coast Pipeline United States profile
Dakota Access Pipeline United States profile
Enbridge Northern Gateway pipelines Canada profile
Keystone XL pipeline United States profile
Line 3 Pipeline Replacement Project (L3RP) Canada profile
Trans Mountain Pipeline Expansion project (TMEP) Canada profile
There are no active projects for Toronto-Dominion Bank (TD Bank) now.
Projects - on record profiles
Canadian tar sands Canada profile
Dodgy Deals map
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Policies
Voluntary initiatives
Toronto-Dominion Bank (TD Bank) has committed itself to the following voluntary standards:Investment policies
TD Bank's Corporate Responsibility page is here. It operates an exclusion list here, which states that TD does not finance transactions relating to the following:
- Activities within World Heritage sites.
- Activities that would result in the degradation of protected critical natural habitats as designated by the World Conservation Union classification and International Financial Corporation standards.
- Activities that would involve the purchase of timber from illegal logging operations.
- Mountain top removal coal mining.
- Production or trade in any product or activity deemed illegal under host country laws or regulations (including those ratified under international conventions and agreements).
- Production or trade in wildlife or products regulated under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).
- Deals that directly relate to the trade in or manufacturing of material for nuclear, chemical or biological weapons or for land mines or cluster bombs.
- TD does not lend money for transactions that are directly related to the mining of "conflict" minerals.
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Issues
Toronto-Dominion Bank (TD Bank) and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Toronto-Dominion Bank (TD Bank) adopted the Equator Principles in 2007.
Reporting on the Equator Principles
Toronto-Dominion Bank (TD Bank) must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Toronto-Dominion Bank (TD Bank) is in compliance with its reporting obligations. The 2016 report can be found here.
Dodgy Deals
Toronto-Dominion Bank (TD Bank) is involved in financing the following Equator Principles projects that BankTrack considers controversial.
Human rights
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True leader
Front runner
Follower
Laggard
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BankTrack has assessed Toronto-Dominion Bank (TD Bank) on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Toronto-Dominion Bank (TD Bank) is assessed as a Laggard, with a total score of 0.5/12.
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Equator Principles
Implementation and reporting
Toronto-Dominion Bank (TD Bank) is reporting on the implementation here.
Contact and complaints
Equator Principles Dodgy Deals
Good moves
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