According to a recent LinkedIn post from Chestnut Carbon, the company is working with TD to offset the bank’s full Scope 1 and Scope 2 market-based emissions footprint in the U.S. The post notes that TD, described as one of North America’s largest financial institutions, is portrayed as leveraging nature-based climate solutions in its decarbonization efforts.
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The LinkedIn post highlights that Chestnut Carbon and TD entered into a four-year agreement last year, and that their collaboration is featured in a case study within TD’s 2025 Sustainability Report. The content suggests a shared focus on carbon credit solutions tied to Improved Forest Management and other nature-based approaches.
For investors, the visibility of this agreement in a major bank’s sustainability report may signal growing institutional demand for high-quality carbon removal and offset projects. Such partnerships could support Chestnut Carbon’s revenue visibility over the multi-year term and enhance its credibility in the voluntary carbon markets.
The emphasis on Improved Forest Management indicates alignment with segments of the carbon market that prioritize nature-based, community-linked projects, which may be better positioned under evolving regulatory and corporate ESG expectations. If similar large financial institutions pursue comparable strategies, Chestnut Carbon could benefit from increased deal flow and potential pricing power in premium carbon credits.