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Boston
IR Magazine Awards - Canada Winner
Boston
Boston
IR Magazine Awards - Canada Winner
IR Magazine Awards - Canada Winner

Debt Information

Green Bonds


Green bonds address a growing need identified by governments and investors to finance initiatives that support economic growth and provide environmental benefit. TD has actively supported this growing market by issuing a TD Green Bond and by underwriting green bonds for a range of supra-national issuers.

TD Green Bond

In 2014 TD issued the first green bond from a Canadian commercial financial institution. The C$500 million three-year bond has a maturity date of April 3, 2017. The focus of the investments is on North American projects that contribute to the low carbon economy through:

  1. Low carbon energy: Investments that help supply energy from renewable and low carbon sources.
  2. Energy efficiency and management: Investments that help reduce energy consumption or help manage and store energy.
  3. Green infrastructure and sustainable land use: Investments that support conservation, sustainable land, waste or water management, and enhance climate resiliency.

TD is a signatory of the Green Bond Principles, which promotes transparency, disclosure, and integrity in the development of the Green Bond market. The alignment of the TD Green Bond Framework conforms with the Green Bond Principles is verified by an independent expert. Proceeds from the sale of the notes are held in a segregated portfolio until they are allocated to eligible green projects. Ernst & Young provides annual assurance on the allocation and reporting of proceeds to eligible projects.

The TD Green Bond funds the financing or refinancing of existing and future projects that meet the TD Green Bond eligibility criteria. Click here for examples of specific projects funded by the TD Green Bond and a summary of use of proceeds.


TD Environment will also provide investors with annual updates regarding the use of the proceeds as a supplement to our Corporate Responsibility Report, which will be hosted on the TD Corporate Responsibility website (http://www.td.com/corporate-responsibility/index.jsp) and archived under the ‘Archived Reports’ section of the ‘Publications’ tab. learn more about TD and the environment, please visit www.td.com/corporate-responsibility/environment/index.jsp.

View our most recent Green Bond presentation here.