According to a recent LinkedIn post from Chestnut Carbon, the company is working with TD to offset the bank’s full Scope 1 and market-based Scope 2 emissions footprint in the U.S. The post highlights that the relationship is based on high-quality, nature-based carbon solutions, particularly Improved Forest Management projects.
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The post also references a previously announced four-year agreement between Chestnut and TD, and notes that their collaboration is profiled in TD’s 2025 Sustainability Report. This visibility may reinforce Chestnut’s credibility with large financial institutions and could support future demand for its carbon credit offerings.
For investors, the association with one of North America’s largest financial institutions suggests potential for recurring revenue tied to multi-year offset agreements. It may also position Chestnut more favorably in the competitive carbon removal and nature-based solutions market, where bank-grade validation can be an important differentiator.
The emphasis on community and environmental co-benefits could help Chestnut align with stricter ESG and impact-investing mandates among institutional buyers. If similar large-scale partnerships are replicated, the company could see a scaling pathway that leverages long-term demand for compliance- and voluntary-market carbon credits.
More broadly, the post suggests that financial institutions continue to play an active role in sourcing nature-based offsets as part of decarbonization strategies. This dynamic could sustain pricing power for high-quality, verifiable forest management projects, with potential upside for Chestnut’s project pipeline and asset valuation over time.