Canadian Imperial Bank of Commerce 2011 Annual Report with Sustainability Disclosures
Company: Canadian Imperial Bank of Commerce
Sector: Finance & insurance
Country: Canada
Year: 2011
Type: Annual Report with Sustainability Disclosures
Pages: 242
The report describes CIBC's 2011 performance, including consolidated revenue of $12,249 million, net income of $3,079 million and 42,239 full-time equivalent employees. It highlights a corporate responsibility framework covering economic, environmental, social and governance commitments, alongside recognition in the Dow Jones Sustainability World, FTSE4Good and Jantzi Social indexes. Environmental actions included a 7.8% reduction in energy consumption across Canadian operations since 2009, 94% FSC-certified paper and participation in CDP and the Equator Principles. The report also details Board and committee governance of environmental risk.
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