Growth is getting better, not worse
2019
Sustainable Bonds
Source: S&P Global, TD Securities
2020
2021
2022
2023
Sustainable Loans
Bonds % Market Share
Loans % Market Share
5.9%
7.7%
15.9%
15.7%
15.5%
3.1%
3.2%
8.8%
10.3%
6.9%
$405
$689
$1,301
$1,056
$1,085
$242
$220
$634
$587
$325