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Article

17 Apr 2020

Author:
TD Bank

TD Bank's response

[Full response attached]

...We believe that there is an intrinsic link between economic growth and environmental sustainability and as a North American bank, we have a responsibility to foster both. That is why we balance supporting conventional energy sources that fuel our current economic vitality with investing in low-carbon innovation...TD has maintained carbon neutral operations since 2010, embedded environmental considerations into key business segments and operations, and established an enterprise-wide strategy to target $100 billion, in total, towards low-carbon initiatives through lending, financing, asset management and internal corporate programs by 2030...Please see TD's 2019 Environmental, Social and Governance (ESG) Report for more information on our approach...TD has been a signatory to the Equator Principles (EP) since 2007. As a signatory to the EP, TD reports annually on projects assessed according to the EP framework...In 2019, we developed new metrics to help assess our credit exposure to carbon-related industries, as defined by TCFD...we updated our Supplier Code of Conduct to better communicate to our suppliers our expectations regarding human rights, with a focus on discrimination and human trafficking...

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