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About Toronto-Dominion Bank (TD Bank)
The 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 North America.
Website | http://www.td.com |
Headquarters |
12th Floor, 55 King St. West
ON M5K 1A2 Toronto
Canada
|
CEO/chair |
Bharat Masrani Group President and Chief Executive Officer |
Supervisor | |
Annual report | Annual report 2021 |
Ownership |
listed on NYSE & Toronto Stock Exchange
TD Bank's shareholder structure can be accessed here. |
Complaints and grievances |
TD Bank does not operate a complaints channel for individuals and communities that may be adversely affected by its finance. The bank operates a whistleblower hotline for general ethical concerns. Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance). |
Related Dodgy Deals
Dodgy Deals map
Policy Assessments
Tracking the Equator Principles
EPFIs reporting status
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
Banks and Climate
Bank net zero commitments
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
Abbreviations:
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
Banks and Human Rights
Human Rights Benchmark November 2019
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Response Tracking
This page evaluates Toronto-Dominion Bank (TD Bank)'s responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
News
Documents
Links
Policies
Voluntary standards
Toronto-Dominion Bank (TD Bank) has committed itself to the following voluntary standards:- Business for Social Responsibility
- Carbon Disclosure Project
- Equator Principles
- Global Reporting Initiative
- Net-Zero Banking Alliance (NZBA)
- Partnership for Carbon Accounting Financials (PCAF)
- Principles for Responsible Investment (PRI)
- Principles for Sustainable Insurance
- Task Force on Climate-related Financial Disclosures
- UNEP Finance Initiative
Equator Principles
Implementation and reporting
Toronto-Dominion Bank (TD Bank) is reporting on the implementation here.