TD Bank
Corprate Bias Ratings
Risk Level:
Summary:
TD Bank will not fund oil and gas projects in the Arctic and has frozen funds of personal accounts linked to the truckers' protest in Canada in 2022. The bank pledges to vet vendors for LGBTQ policies and does not provide its employees with protections against viewpoint discrimination. TD Bank covers abortion-related travel expenses and covers the cost of "medically necessary transition-related care” for its employees and their children. The company has also sponsored a Planned Parenthood event and discriminates against religious organizations in its charitable giving. TD Bank advocates for the Equality Act and is committed to carbon neutrality by 2050. For these reasons, it receives a High Risk rating.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
TD Bank will not fund energy exploration projects in the Arctic Circle (1). TD Bank also froze over $1 million in funds in personal accounts in Canada that were linked to the Canadian trucker convoy protest (2). The company received a score of 100 on the Corporate Equality Index. Among other requirements, this means TD Bank has pledged to vet vendors based on LGBTQ policies (3)(4).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
TD Charitable Foundation does not offer grants to religious organizations or “organizations which do not affirm their projects compliance with the TD Charitable Foundation’s anti-discrimination policy” (1). TD Bank does not have an employee matching program.
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
TD Bank does not protect its employees from viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
TD Bank has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). TD Bank has also said it will provide travel benefits for abortion and has sponsored Planned Parenthood fundraising events (3)(4). It has also sponsored many LGBTQ Pride events and organizations (5)(6)(7).
Uses corporate political contributions for ideological, non-business purposes.
TD Bank has not used its PAC donations for ideological purposes (1).
All links were last accessed and all information was updated on:
August 25, 2023
Company reports are intended for educational use only. Full Disclaimer