Watering can and plant in pot

Committed to environmental responsibility

At TDBC, we’re making bold commitments and taking meaningful action to reduce our environmental footprint and help our clients transition to a low-carbon economy.

Learn more about our commitment to environmental sustainability

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Sustainable finance

  • In 2019, we committed to mobilize $150 billion to environmental and sustainable finance activities by 2027. In 2020, we directed $15.7 billion toward these activities, achieving a cumulative 28% of our 10-year target.
  • In 2020, we launched our inaugural Green Bond Framework. We issued a US$500 million, 5-year green bond to help finance new and existing green projects, assets and businesses that mitigate the risks and effects of climate change.

Sustainability Report 2020: Renewable and emissions-free energy – Maverick Creek Wind Project (PDF, 8.1 MB) Opens in a new window.

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Renewable energy procurement

  • In 2019, we publicly committed to procure 100% of our electricity from renewable sources and be carbon neutral by 2024. In 2020, we made progress toward this target by purchasing 15,000 megawatt hours of renewable electricity.
  • In 2020, we worked with Bullfrog Power to sponsor a community-based renewable energy project in Halifax, Nova Scotia. The project is a collaboration between Solar Schools Canada Opens in a new window. and Hope Blooms Opens in a new window. to build a 7.2 kilowatt smart solar awning at Hope Blooms’ Global Kitchen for Social Change in 2021.

Sustainability Report 2020: Hope Blooms’ Global Kitchen for Social Change (PDF, 8.1 MB) Opens in a new window.

Offering sustainable banking options

TDBC Rewards

Through our TDBC Rewards program you can support environmental charities such as Trans Canada Trail by redeeming your Aventura® Points to make a donation.

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TDBC and Journie Rewards

Through TDBC’s partnership with the Journie Rewards program, any time you reach 150 Journie Rewards Points, you can select a free carbon credit to offset the CO2 emissions from a 45-litre fuel purchase.

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Switch to the convenience of eStatements

Access your account history, view and save statements to your computer and more — it’s easy to switch.

Learn moreabout switching to eStatements.

Take advantage of paperless banking methods

Your options include pre-authorized bill payments, online transfers, direct deposit programs, eDeposits and telephone, online and mobile banking.

Learn moreabout paperless banking.

Use our TDBC Mobile Banking® App

Do your everyday banking from anywhere, anytime, with less paper used as a result.

Learn moreabout mobile banking.

Deposit cheques using TDBC eDeposit™

Take a photo of your cheques with your mobile phone to deposit them directly into your account, eliminating the need for a deposit envelope.

Learn moreabout eDeposit.

2020 highlights

Compared to our 2018 baseline, we achieved approximately an 8% reduction in our GHG emissions intensity (CO2e/m2) and a cumulative 38% of our 8-year target.

We reduced our internal paper use per team by 25% to 17 kg per team member, thus achieving our 5-year target ahead of schedule.

We helped our clients lower their paper use by providing over 10 million accounts with eStatements and 6 million banking clients with convenient mobile and online banking applications.

More than 94% of our total paper use was FSC-certified. This includes printer paper, client statements, forms, cheques, envelopes and commercial printing.