HOW WE OPERATE RESPONSIBLE BANKING WORKPLACE ENVIRONMENT COMMUNITY GOVERNANCE
SO-1
Community Investment (continued) 2015 Targets
Maintain our charitable giving at or above the 1% target set by Imagine Canada and the Giving USA Foundation
55% of giving is applied to TD’s giving priorities
15% of giving is applied to diversity and inclusion (Canada only)
20,000 employees across North America registered in the TD Volunteer Network by end of calendar year
Rating Met Met Met Met 2015 Results
Canada: 1.3% U.S.: 1.0%
Canada: 60.0% U.S.: 61.2%
23%
26,833 (Canada: 14,635, U.S.:12,198)
Breakdown of Our Giving by Focus Area 2016 Targets Same as 2015 Same as 2015 15% Increase year over year
Social finance and community development Our community investments go beyond philanthropy. From the TD Green Bond for investors and green product options for customers to financing social ventures, TD is involved in a range of initiatives that have the dual goal of providing a financial return to the bank while creating positive social, economic and environmental impacts in communities where we operate. Here are just a few examples:
2015 Corporate Giving1
Canada U.S.2 U.K.
Canada 2015
Sector Creating Opportunities for
Young People Other
%
Financial Literacy and Education 15.6% Environment
14.6% 29.8%
40.0% Sector
U.S. 2015
%
Financial Literacy and Education 32.5% Affordable Housing Environment Other
26.9% 1.8%
38.8% 2
Asia Pacific TOTAL
$62.9 million $29.6 million $64,777 $10,124
$92.5 million
• Centre for Social Innovation TD is playing a pivotal role in catalyzing the Canadian social finance marketplace as a partner in the Ontario Catapult Microloan Fund for Social Ventures. Administered by the Centre for Social Innovation in collaboration with TD, the Province of Ontario, Alterna Savings, Microsoft Canada, KPMG and Social Capital Partners, the fund provides low-interest loans up to $25,000 – along with training and mentorship – to help social entrepreneurs and innovators succeed. Fund partners also offer one-on-one meetings with unsuccessful applicants on how to improve their submissions. Since the inception of the Catapult fund in 2013, 11 social ventures have received loans totalling $225,000.
1
All amounts converted into Canadian dollars using Bank of Canada exchange rates. Beyond the countries listed in the table, TD does not make donations in other countries where we operate due to TD having a very small market presence in those regions. The total giving amounts reported do not include in-kind donations, program management costs (i.e., salaries of the community relations team), marketing sponsorships, employee donations or the value of hours volunteered by employees. For the total value of our contributions, please refer to the summary provided by London Benchmarking Group Canada, which performs an annual independent audit of our community investment – download here.
Includes $22 million (US$16.6 million) from the TD Charitable Foundation.
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