TD Bank was named in the DJSI World Index for the seventh year in a row. TD is ranked among the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index for sustainability performance.
“I am pleased to see that TD’s leadership in incorporating environmental, social and governance practices into our business continues to be recognized on the global stage,” Bharat Masrani, group president and CEO of TD Bank, said. “Our path ahead is one that leads to a more sustainable and inclusive economy, and our ranking on the DJSI World Index is a source of pride for TD and our 90,000 colleagues around the world.”
Earlier this month, TD released a climate action plan, which includes a target of net-zero greenhouse gas emissions associated with its operations and financing activities by 2050 and an announcement that TD will not provide new project-specific financial services, including advisory services, for activities that are directly related to the exploration, development or production of oil and gas within the Arctic Circle. In addition, TD recently launched two mutual funds focusing on sustainable investing and issued its first-ever sustainability bond. TD also launched the TD Community Resilience Initiative to support community recovery in response to the COVID-19 pandemic and allocated $4 million to initiatives and organizations that are addressing impacts of anti-Black racism,
“This listing recognizes TD’s commitment to help build a more inclusive and sustainable tomorrow and reflects our purpose: to enrich the lives of our customers, colleagues and communities,” Andrea Barrack, global head of sustainability and corporate citizenship at TD Bank, said. “Our inclusion on the DJSI World Index for so many consecutive years — and as the only North American Bank this year — is a reaffirmation of TD’s goal to be an environmental leader as well as our long-standing commitment to corporate governance, diversity and positive social impact.”
