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TD racial equity audit finds bank has taken significant steps, more work to be done

  • TD Bank's first racial equity audit reveals that while the bank has made progress in promoting diversity and inclusion, there is room for improvement in areas like consistency and measurement.
  • The audit, conducted by law firms Covington & Burling LLP and WeirFoulds LLP, commends TD for its numerous initiatives and programs on diversity and inclusion but suggests that the bank should enhance its communication, setting of targets, and tracking of progress.
  • Emma Pullman of the British Columbia General Employees' Union acknowledges TD's efforts but highlights deficiencies such as limited assessment scope and lack of data in the report.
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SooToday.com broke the news in Sault Ste. Marie, Canada on Monday, December 18, 2023.
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