The Toronto-Dominion Bank (TD Bank Group) has set net-zero targets and plans to achieve them by 2050, in alignment with the Paris Agreement. Toronto-Dominion Bank's latest filings mentioned the keywords 'Climate Change' and 'Emissions' most number of times in relation to 'Net Zero'.

The company has specific goals related to scope 1, scope 2, and scope 3 emissions. TD Bank Group has reported its greenhouse gas (GHG) emissions, including scope 1, scope 2, and scope 3 emissions, in its ESG report. The company has taken steps to reduce emissions and achieve its net-zero targets, including investments in sustainable finance, responsible resource use, and nature-based solutions. It achieved a 24.6% reduction in Scope 1 and 2 GHG emissions from 2019 baseline. TD Bank Group has also issued sustainability bonds and green bonds to support its low-carbon economy progress. As of July 2021, TD established a goal to achieve a 25% decrease in greenhouse gas (GHG) emissions from our operations (Scopes 1 and 2) by 2025. This target is measured against a 2019 baseline and is framed using Science Based Targets initiative (SBTi).

In 2022, the TD Bank's total Scope 1 and Scope 2 emissions market-based were 43,021 tons of CO2e and 6,934 tons of CO2e respectively, while its total Scope 3 emissions were 1.2 million tons of CO2e. TD Bank has a goal to have $15 to $20 billion in green, social, sustainable, and pandemic bonds in its portfolio of Treasury investments by the end of 2025.

In conclusion, TD Bank Group has taken steps to reduce emissions and achieve its net-zero targets, including investments in sustainable finance, responsible resource use, and nature-based solutions. The company has also issued sustainability bonds and green bonds to support its low-carbon economy progress.

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