Sustainable Investment
Our investment thesis involves an integrated engagement approach to Environmental, Social and Governance (ESG) factors. As investors in an array of investment classes, we believe we have a role to play in positively influencing ESG improvements.
Our Stewardship Approach
We engage with companies when we believe we need more clarity on how they are approaching ESG-related issues or to advocate for changes which we believe may benefit shareholders in the long run. We are also committed to acting as true stewards of our clients' capital through active proxy voting and collaborating with industry participants.
TD Asset Management is a member or supporter of, or signatory to, the following organizations:
Our Climate Change Principles
We consider climate change a systemic risk affecting economies, companies, and investors. Our approach to climate change is aligned with our overall philosophy of integrating all sources of risk and return in our investment processes.
As an investment manager of diversified asset classes, we consider climate change as an important area of focus. We actively engage with companies and leverage our asset ownership positions to encourage improvements in industry collaborations including Climate Action 100+, CDP, and the UNEP FI TCFD investor pilots, with the first two furthering our company engagement efforts and the latter developing a better understanding of climate related investment risks.
Our approach continues to evolve to help position our portfolios to capitalize on investment opportunities arising from an accelerated transition to a low carbon economy and manage climate-related physical and transition risks.
TDAM 2025 GRESB Assessment Summary
Global Real Estate Sustainability Benchmark (GRESB) is an industry-driven organization committed to assessing the sustainability performance of real assets and portfolios around the globe and TD Asset Management Inc. has been a proud member of GRESB since 2016. In 2025, GRESB launched its first-ever assessment for lenders and TD Greystone Mortgage fund (The Fund) was invited to participate. The Fund ranked as the top performer among North American participants with a score of 73, outpacing both global and peer averages.1
| GRESB Score | 2025 | 2024 | 2025 GRESB Global Average |
| Real Estate Assessment | |||
| TD Greystone Canadian Real Estate Strategy – Standing Investment | 86 | 84 | 79 |
| TD Greystone Canadian Real Estate Strategy – Development | 85 | 84 | 88 |
| TD Greystone Global Real Estate Strategy | 85 | 83 | 81 |
| Infrastructure Assessment | |||
| TD Greystone Infrastructure Strategy | 94 | 89 | 91 |
| Lender Assessment | |||
| TD Greystone Mortgage Fund | 73 | N/A | 62 |
Note: The TD Greystone Canadian Real Estate Strategy refers to TD Greystone Real Estate L.P. Fund and TD Greystone Real Estate Fund Inc. The TD Greystone Infrastructure Strategy refers to TD Greystone Infrastructure Fund (Global Master) Special Competitive Studies Project (SCSp) , the TD Greystone Infrastructure Fund (Canada) L.P., the TD Greystone Infrastructure Fund (Canada) L.P. II, the TD Greystone Infrastructure Fund (Cayman Feeder) L.P, and TD Greystone Infrastructure Fund (Luxembourg Feeder) SCSp. The TD Greystone Global Real Estate Strategy refers to the TD Greystone Global Real Estate Fund L.P. and the TD Greystone Global Real Estate Fund (Canada Feeder) L.P.
Find more information regarding GRESB and the methodology behind these scores on the GRESB website.
Our Dedicated Teams
Our dedicated Sustainable Investment Team supports our investment teams with ESG research, ESG integration and stewardship efforts.
ESG Integration
We strive for an integrated ESG engagement process for our investment products. We proactively evolve as ESG data matures, materiality comes into focus, and regulatory frameworks expand market awareness. Under this approach, material ESG factors are reviewed alongside traditional investment criteria. Implications arise if an ESG factor changes the intended risk or return profile of an investment.
ESG Resources
For a greater understanding of specific ESG topics, browse and read through our detailed resources, including frameworks and in-depth reporting.
1Source: GRESB, as at October 1, 2025.
The information contained herein has been provided by TD Asset Management Inc. and is for information purposes only. The information has been drawn from sources believed to be reliable. Graphs and charts are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual's objectives and risk tolerance. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the fund facts and prospectus, which contain detailed investment information, before investing. The indicated rates of return are the historical annual compounded total returns for the period indicated including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not guaranteed or insured, their values change frequently and past performance may not be repeated. Mutual fund strategies and current holdings are subject to change. Index returns are shown for comparative purposes only. Indexes are unmanaged and their returns include reinvestment of dividends, if applicable, but do not include any sales charges or fees as such costs would lower performance. It is not possible to invest directly in an index. Investment strategies and current holdings are subject to change.
TD Greystone funds are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank.
® The TD logo and other TD trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.
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