TD Securities Launches Carbon Advisory Business
Canadian investment bank TD Securities announced the launch of a new Carbon Advisory business, aimed at offering clients with end-to-end carbon market solutions.
Forming part of the firm’s ESG Solutions Group, the new business will be led by Managing Director Andrew Hall, who joined TD in June, after serving as Director of Sustainable Finance for TMX Group. Prior to joining TMX, Hall led the North American carbon and environmental commodities trading business at Capital Power.
Services provided by Carbon Advisory will include carbon offset advice for project acquisition and investment, access to carbon markets and strategic insights, carbon offset portfolio structuring, M&A-focused risk assessment and valuation related to carbon assets and liabilities, and capital raising for project developers and financial participants.
The company also announced that it has appointed Bridget Realmuto to lead ESG Strategy efforts. Realmuto joins the firm from State Street, where she served as Co-Head of ESG Research. Before joining State Street, she worked at Trucost as Manager, ESG Analytics and Product Development.
Amy West, Global Head, ESG Solutions, TDS, said:
“TD is focused on supporting our clients in all facets of their ESG Journey. The formation of our Carbon Advisory practice and the buildout of our ESG strategy work highlights our dedication to bringing innovative, market-leading resources to our clients.”