TD Bank

New Jersey

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk


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. TD Bank on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, TD Bank increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. TD Bank forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. TD Bank also covers abortion-related travel expenses. TD Bank advocates for the Equality Act and advocates for LGBT causes on its website. The company has also sponsored a Planned Parenthood event. For these reasons, TD Bank receives a High Risk rating.

Shareholder Proposals

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ESG Category
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/20/23SocialFinancialization of HousingAgainst16.90%
4/20/23EnvironmentalFinancing of the Canadian Oil and Gas SectorAgainst1.00%
4/20/23EnvironmentalTransition Plan Disclosure for Financing ActivitiesAgainst23.50%
4/20/23EnvironmentalTCFD Reporting for Pollution Asset Privatization TransactionsAgainst10.40%
4/20/23Environmental Say on ClimateAgainst21.40%
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