TD's sustainability efforts recognized for the
ninth consecutive year
TORONTO, Dec. 12,
2022 /CNW/ - TD Bank Group (TD) is proud to be listed
in the DJSI World Index for the ninth consecutive year. The DJSI
World Index benchmarks the sustainability performance of the top
ten per cent of the largest 2,500 companies in the S&P Global
Broad Market Index based on long-term economic, environmental and
social criteria. From a global pool of 240 eligible companies in
its industry, TD is included in the shortlist of 25. As of
December 9, 2022, TD is the only
North American-based bank included in the World Index.
"Across TD's global footprint, we are focused on delivering on
our purpose to positively impact those we serve in the communities
where we live and work, and the economies that rely on us," said
Janice Farrell Jones, SVP and Head
of Sustainability and Corporate Citizenship at TD. "Our inclusion
on the DJSI World Index for the ninth consecutive year is a
reflection of our ongoing efforts to drive ESG progress and foster
inclusive and sustainable growth."
TD scored the highest in the areas of Financial Inclusion,
Environmental Reporting, Social Reporting, and Customer
Relationship Management and Risk and Crisis Management among other
categories.
Some of TD's investments and goals related to inclusive and
sustainable growth in 2022 include:
- A $10 million investment in
Canada's largest ever single
private conservation project, and the formation of a specialized
Carbon Advisory Business within TD Securities to help equip clients
with innovative end-to-end carbon market solutions.
- The release of interim Scope 3 financed emissions targets for
two priority sectors, Energy and Power Generation.
- The establishment of the Black Entrepreneur Loan Program, an
outcome of TD's five year, $10-million commitment to the Black Opportunity
Fund (BOF).
- Announced the 15 grant recipients of the 2021 TD Ready
Challenge, an annual North American initiative of the TD Ready
Commitment that awards $10 million in
grants to community organizations dedicated to driving innovative,
equitable and scalable solutions for a changing world. In 2021, the
TD Ready Challenge focused on seeking solutions to address the
pandemic-related learning loss for disproportionately impacted
students in grades K-12.
Other key recognitions TD has received for its sustainability
efforts in 2022 include:
- Ranked top North American Bank in the 2022 S&P Global
Sustainability Yearbook
- Included in the Bloomberg Gender-Equality Index (GEI) for the
sixth consecutive year.
- Named a Top Company for Diversity in 2022 by
DiversityInc and Forbes
- Named one of the 2022 Best Places to Work for LGBTQ+
Equality by the Human Rights Campaign (HRC)
Foundation.
- TD Bank, America's Most Convenient Bank was recognized with the
top score of 100 percent in the 2022 Disability Equality Index
(DEI) for the eighth consecutive year.
TD thanks its customers, colleagues, and the communities it
serves and congratulates all members of the DJSI World Index.
To learn more about sustainability and corporate citizenship at
TD please read the TD Climate Action Plan, TD 2021 ESG
Report, or
visit https://stories.td.com/ca/en/article/td-environment-social-governance.
For more information about DJSI World Index, please click
here.
About TD Bank Group
The Toronto-Dominion Bank and its
subsidiaries are collectively known as TD Bank Group ("TD" or the
"Bank"). TD is the sixth largest bank in North America by assets and serves over 27
million customers in four key businesses operating in a number of
locations in financial centres around the globe: Canadian Personal
and Commercial Banking, including TD Canada Trust and TD Auto
Finance Canada; U.S. Retail, including TD Bank, America's Most
Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an
investment in The Charles Schwab Corporation; Wealth Management and
Insurance, including TD Wealth (Canada), TD Direct Investing, and TD
Insurance; and Wholesale Banking, including TD Securities. TD also
ranks among the world's leading online financial services firms,
with more than 15 million active online and mobile customers. TD
had $1.9 trillion in assets on
October 31, 2022. The
Toronto-Dominion Bank trades under the symbol "TD" on the
Toronto and New York Stock
Exchanges.
SOURCE TD Bank Group