Canadian Imperial Bank of Commerce 2021 Annual Report with Sustainability Disclosures
Company: Canadian Imperial Bank of Commerce
Sector: Finance & insurance
Country: Canada
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 220
The report describes CIBC's 2021 ESG strategy, including its ambition to achieve net-zero GHG emissions from operations and financing activities by 2050 and a 30% operational emissions reduction target by 2028 from a 2018 baseline. It also highlights the bank's sustainable-finance target of $300 billion by 2030, climate-risk disclosures aligned with TCFD, and participation in CDP and PCAF. Governance highlights include ongoing Board oversight of environmental and social risk and 50% women on the Board of Directors.
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