TORONTO and CHERRY HILL, N.J., May
7, 2019 /PRNewswire/ -- In a world of rapidly
accelerating change and shifting customer expectations, TD believes
that it is incumbent on organizations to reimagine responsible
business practices to ensure they are helping to make a positive
impact on the communities where they do business.
To help illustrate TD's commitment to this idea, today TD Bank
Group released its first, standalone report – the 2018
Environmental, Social and Governance Performance Report – that
details the positive impacts of TD's activities during the 2018
fiscal year, ending October 31,
2018.
Also released today, TD issued its first report measuring its
Corporate Citizenship strategy, The Ready Commitment, one year
after the strategy was launched. Titled The 2018 Ready Commitment
Report, the report details the impact of TD's strategy which
focuses on helping to create an impact in areas such as
environmental stewardship, diversity and inclusion, and financial
education to help people from all backgrounds feel more confident
about the future.
"At TD, we recognize that our success is not only measured by
our financial performance – it's also measured by the extent to
which we consistently work towards doing what's right, today and in
the long term." Norie Campbell, Group Head, Customer &
Colleague Experience, TD Bank Group.
Among the many examples of TD's impact throughout both Reports,
key highlights include:
- TD also issued today a 2018 SDG Report to help measure the
impact of The Ready Commitment against the United Nations
Sustainable Development Goals (SDGs).
- To date, TD is the only financial institution globally to
participate in all three of the United Nations Environment
Programme Finance Initiative pilots to assess climate-related
impacts to business.
- Since 2017, TD has contributed more than $30 billion of its $100
billion investment target by 2030 to help support a
transition to a low-carbon economy through low-carbon lending,
financing, asset management and internal corporate programs.
- For the first year of the TD Ready Challenge, TD awarded a
total of $10 million in grants to 10
non-profits ($1 million each) to
support their innovative, scalable solutions, such as STEM training
for underrepresented groups and programs to help workers transform
their existing skills and build new ones.
- Through The Ready Commitment, TD contributed $116 million in 2018 to organizations across
North America and the United Kingdom which are working to help
create a more inclusive and sustainable tomorrow.
- TD was listed on the Dow Jones Sustainability World Index for
the fifth consecutive year since 2013.
- For the third year in a row, TD has been included in the
Bloomberg Gender-Equality Index.
- More than 173,000 hours were logged by TD employees in 2018 who
volunteered their time at a charity, or TD initiative, in
communities across North
America.
For more information about TD's commitment to corporate
responsibility, or to read the full Reports, visit:
www.td.com/corporate-responsibility
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 branches and serves more than
25 million customers in three key businesses operating in a number
of locations in financial centres around the globe: Canadian
Retail, including TD Canada Trust, TD Auto Finance Canada, TD
Wealth (Canada), TD Direct
Investing, and TD Insurance; U.S. Retail, including TD Bank,
America's Most Convenient Bank®, TD Auto Finance U.S., TD Wealth
(U.S.), and an investment in TD Ameritrade; and Wholesale Banking,
including TD Securities. TD also ranks among the world's leading
online financial services firms, with more than 12 million active
online and mobile customers. TD had CDN$1.3
trillion in assets on January 31,
2019. The Toronto-Dominion Bank trades under the symbol "TD"
on the Toronto and New York Stock
Exchanges.
About TD Global Corporate Citizenship
TD has a
long-standing commitment to enriching the lives of its customers,
colleagues and communities. As part of its corporate citizenship
platform, The Ready Commitment, TD is targeting CDN $1
billion (US $775 million) in total by 2030 towards
community giving in four areas critical to opening doors for a more
inclusive and sustainable tomorrow – Financial Security, Vibrant
Planet, Connected Communities and Better Health. Through The
Ready Commitment TD aspires to link its business, philanthropy and
human capital to help people feel more confident - not just about
their finances, but also in their ability to achieve their personal
goals in a changing world. For further information,
visit www.td.com/thereadycommitment.
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SOURCE TD Bank