The Globe and Mail reports in its Tuesday edition that TD Bank has unveiled the first racial equity audit by a Canadian bank. The Globe's Stefanie Marotta writes that TD is the first bank and one of the first public companies to conduct and release a racial equity audit in Canada. Washington-based Covington & Burling and Toronto's WeirFoulds -- the law firms that the lender hired to conduct the 10-month review -- said in a report Monday that TD has made significant progress in building a diverse and inclusive employee culture, and identified opportunities for the bank to improve its hiring, development and investigation procedures. These audits have already become more widespread in the United States, with Citigroup, JPMorgan and Wells Fargo also engaging in reviews. TD's report explored internal procedures regarding its employee policies, human-resources investigations, talent acquisition and company culture. On all four themes, the law firms said TD's procedures are designed to promote equal employment opportunities, prevent workplace discrimination, identify and remediate complaints and recruit diverse talent. B.C. General Employees' Union is the shareholder that initially approached the bank about the audit.