TD is the only North American Bank in the
Index
TORONTO, Nov. 25, 2020 /CNW/ - For the seventh consecutive
year, TD Bank Group (TD) has been listed in the DJSI World Index, a
benchmark for environmental, social and economic performance. TD is
the only North American bank to be included in the shortlist of 25
banks, from a global pool of 253 banks and is ranked among the top
10 per cent of the largest 2,500 companies in the S&P Global
Broad Market Index for sustainability performance.
This achievement recognizes TD's continued efforts to offer
sustainable products, services and programs to its customers and
clients and its commitment to contributing to a more inclusive
society by investing in the communities it serves and the economies
it supports.
"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," said Bharat
Masrani, Group President and Chief Executive Office of TD Bank
Group. "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."
This year will go down in history as one marked by significant
challenges – from the unprecedented COVID-19 pandemic to continued
wildfires and a growing urgency surrounding climate change to the
broader social movement driving for change in response to systemic
anti-Black racism and deep-seeded discrimination. Each of these
complex problems has demonstrated the intrinsic link between
health, societal and economic needs and underlined how critical it
is that we work towards creating an inclusive and sustainable
future.
Earlier this month, TD released an ambitious 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. From
launching the TD Community Resilience Initiative to supporting
community recovery in response to the pandemic and addressing the
impacts of anti-Black racism, TD has activated the power of its
business, philanthropy and human capital through its global
corporate citizenship platform, the TD Ready Commitment, to drive
positive impact.
"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,"
said Andrea Barrack, Global Head, Sustainability and Corporate
Citizenship of TD Bank Group. "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."
TD thanks its customers, colleagues and the communities it
serves and congratulates all members of the DJSI World Index.
To learn more about corporate responsibility at TD and The Ready
Commitment, please read the TD Climate Action Plan, TD 2019 ESG
Report, the 2019 TD Ready Commitment Report, or visit
www.td.com/tdreadycommitment.
For more information about DJSI World Index, please visit:
https://www.spglobal.com/spdji/en/indices/equity/dow-jones-sustainability-world-index/#overview
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 over 26 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 The Charles Schwab Corporation; and
Wholesale Banking, including TD Securities. TD also ranks among the
world's leading online financial services firms, with more than 14
million active online and mobile customers. TD had CDN$1.7
trillion in assets on July 31, 2020. The Toronto-Dominion
Bank trades under the symbol "TD" on the Toronto and New
York Stock Exchanges.
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SOURCE TD Bank Group