TD Bank Group Releases 2016 Corporate Responsibility Report
May 29, 2017 3:30 PM ET
TD Bank Group released its 2016 Corporate Responsibility Report, showcasing the bank's commitment to building stronger communities and supporting the transition to a low-carbon economy.
As Canada's leading bank in environmental leadership, TD continues to uphold its responsibility to being carbon neutral, while expanding its green solutions across its operational footprint. TD's corporate responsibility strategy is built on four themes – be an environmental leader, responsible banking, building an extraordinary workplace, and strengthening communities.
Highlights for environmental performance in 2016 include:
- Listed as top-scoring Canadian bank by CDP
- Contributed over C$12 billion to the low-carbon economy since 2006, with C$10.8 billion in financing to projects that facilitated the transition to a low-carbon future in 2016
- Participated in C$6.5 billion in green bond underwriting since 2010; projects supported by TD's Green Bond provided over C$2.1 million in natural capital value in 2016
- Invested in Renewable Energy Credits (RECs) equivalent to 100 per cent of the electricity used by the bank – and the first Canadian company to join RE100 with a commitment to 100% renewable energy
- Provided over C$9 million in funding to grassroots environment organizations to help build strong, healthy communities
- Supported The Trust for Public Land in installing five Fitness Zones in Miami-Dade County parks that will be used as outdoor gyms, and provide flood protection zones
For more information about corporate responsibility at TD or to read the full report, visit https://www.td.com/corporateresponsibility.