Investor Relations

Debt Information


Sustainable Bonds

Key Information


Leaders in the Transition

We believe that there is an intrinsic link between economic growth and environmental sustainability, and we are playing a key role in the transformation.

TD is committed to being a sustainability leader and is working to embed environmental and social principles into its products and processes.

As the first Canadian bank to set a bold target to finance the transition to the low-carbon economy, we are targeting $100 billion, in total, in low-carbon lending, financing, asset management and internal corporate programs by 2030.

Green, social and sustainability bonds (collectively "sustainable bonds") and loans are one way of demonstrating our commitment to increasing the flow of capital to low-carbon and socially responsible economic growth.


  • Issuing

    $3.5 billion

    TD Bank has issued one sustainability and four green bonds to date.

    In 2014, we issued a C$500 million green bond that was the first from a Canadian commercial bank.

    In 2017, we issued a US$1 billion green bond that was upsized from US$500 million.

    In 2020, we issued a US$500 million sustainability bond which was upsized from US$300 million, and was the first-ever sustainability bond in SOFR format.

    In 2021, we issued a US$500 million green bond under the Sustainable Bonds Framework.

    In 2023, we issued a US$500 million green bond under the Sustainable Bonds Framework.

  • Investing

    $1.3 billion

    TD's Treasury and Balance Sheet Management team publicly committed to incorporating green investments into the bank's investment portfolio and has purchased approximately $1.3 billion in green bonds since 2014.

  • Underwriting

    Over $21 billion

    Participated in by TD in sustainable bond underwriting since 2010.

    The TD Securities Debt Capital Markets team has a strong role in helping to expand green and sustainable bond markets through underwriting bonds for issuers globally and has led several world-first transactions.


Upholding the Principles

TD is a proud member of the Green Bond Principles, the Social Bond Principles, and the Sustainability Bond Guidelines and is an active participant in a number of International Capital Market Association (ICMA) working groups.

We promote transparency, disclosure and integrity in the development of the sustainable bond market by aligning our regularly-updated framework with the ICMA Principles.

Our framework is verified by second-party expert opinion and our independent auditor, Ernst & Young LLP, provides us with annual assurance on the allocation and impact reporting of proceeds.


Learn more about our program

Browse our document library below, read our latest ESG Report, or contact your TD Securities representative for more information.

TD Sustainable Bond Issuance Overview

Issue date

Coupon

Amount

Maturity

Issuer entity

ISIN US89115A2V36

December 11, 2023

5.26%

US$500,000,000

December 11, 2026

The Toronto-Dominion Bank

ISIN US89114TZK14

December 8, 2021

1.25%

USD$500,000,000

December 13, 2024

The Toronto-Dominion Bank

ISIN US89114QCL05

September 23, 2020

SOFR +45bps

USD$500,000,000

September 28, 2023

The Toronto-Dominion Bank

ISIN US89114QBT40

September 7, 2017

1.850%

USD$1,000,000,000

September 11, 2020

The Toronto-Dominion Bank

ISIN CA891145N340

March 28, 2014

1.824%

CAD$500,000,000

April 3, 2017

The Toronto-Dominion Bank

TD Sustainable Bond Issuance Library

Bond Frameworks

Report

TD Sustainable Bonds Framework (2020)

PDF

TD Green Bond Framework (2017)

PDF

Investor presentations and term sheets

Term Sheet

TD Green Bond (2023) Term Sheet

PDF

TD Green Bond (2021) Term Sheet

PDF

TD Sustainable Bond (2020) Term Sheet

PDF

TD Green Bond (2017) Term Sheet

PDF

TD Green Bond (2014) Term Sheet

PDF

Green Bond Reporting

Issuance

TD Sustainable Bond (2020) Issuance – Use of Proceeds 2022

PDF

TD Green Bond (2021) Issuance – Use of Proceeds 2022

PDF

TD Sustainable Bond (2020) Issuance - Use of Proceeds 2020

PDF

TD Green Bond (2017) Issuance - Use of Proceeds 2020

PDF

TD Green Bond (2017) Issuance – Use of Proceeds 2019

PDF

TD Green Bond (2017) Issuance – Use of Proceeds 2018

PDF

TD Green Bond (2017) Issuance – Use of Proceeds 2017

PDF

TD Green Bond (2014) Issuance – Use of Proceeds 2017

PDF

TD Green Bond (2014) Issuance – Use of Proceeds 2016

PDF

TD Green Bond (2014) Issuance – Use of Proceeds 2015

PDF

External reviews

Statement

TD Green Bond (2021) EY Assurance statement 2022

PDF

TD Bank Group Sustainable Bonds Framework (2020) DNV GL Eligibility Assessment

PDF

TD Sustainable Bond (2020) EY Assurance Statement 2020

PDF

TD Green Bond (2017) EY Assurance Statement 2020

PDF

TD Green Bond (2017) EY Assurance Statement 2019

PDF

TD Green Bond (2017) EY Assurance Statement 2018

PDF

TD Green Bond (2017) EY Assurance Statement 2017

PDF

TD Green Bond (2017) DNV GL Eligibility Assessment

PDF

TD Bank Group Green Bond Framework (2017) DNV GL Eligibility Assessment

PDF

TD Green Bond (2014) EY Assurance Statement 2016

PDF

TD Green Bond (2014) EY Assurance Statement 2015

PDF

TD Green Bond (2014) EY Assurance Statement 2014

PDF

Alternate format documents: Customers can request documents in a variety of alternate formats including Braille, large print, e-text, accessible PDFs or audio CDs. To request this service, call 1-800-831-1158 or visit your nearest branch.


Learn more about debt information at TD