TD’s head of corporate citizenship on balancing pandemic relief with long-term recovery

And what community, sustainability, financial stability and health mean in a post-coronavirus world

Why It Matters

Late last month, TD announced a $25 million commitment to helping communities make it through COVID-19. But this funding is only part of the bank’s total commitment to spend $1 billion by 2030 to fund social impact work, and the pandemic is revealing some key issue areas that TD will prioritize moving forward.

Two years ago, TD announced a global commitment to spending $1 billion by 2030 on four interconnected agendas: connected communities, better health, a vibrant planet, and financial security. 

That was before the world was fundamentally changed by COVID-19. In response to the pandemic, TD has allocated $25 million of its initial $1 billion commitment to social impact organizations supporting those most impacted, through a Community Resilience Initiative. The company started by granting $1 million to community health centres across the country, including the Alex Community Health Centre in Calgary, which used funding to create a dispatch centre to provide information and updates about the coronavirus and social services to isolated community members. The init

Our social impact coverage and insights enrich thousands of changemakers like you everyday. Sign up for a free account with Future of Good to continue reading this article.