Increasingly, environmental, social and governance (ESG) performance is being considered as part of investment decision making. For institutional and retail investors, considering ESG-related information helps determine if a company is well positioned to manage risks.
TD has in place a range of policies and procedures to manage the impacts of our products and services. These ensure we comply with our regulatory obligations as well as additional internal policies in relation to responsible banking and the consideration of environmental, social and governance risks in lending and investment.
TD Asset Management (TDAM) manages more than $333 billion in assets on behalf of retail and institutional investors. TDAM believes that environmental, social and governance (ESG) analysis provides an additional lens to more robust risk analysis.
Percentage and number of companies held in the institution's portfolio with which the reporting organization has interacted on environmental or social issues.
TDAM engaged with companies across a broad range of industries in order to discuss the management and best practices related to environmentally sensitive issues such as:
Fuel efficiency, health and safety procedures for railroads
The use, disposal and treatment of water in oil and gas extraction and mining
The management of greenhouse-gas emissions in oil and gas extraction and railroads
The leaking of potentially hazardous materials at the site during oil and gas extraction
Pipeline safety and integrity issues
Encouraging companies to participate in the Carbon Disclosure Project survey