Canadian Imperial Bank of Commerce 2021 AR2
The report highlights CIBC's financial and ESG performance for the fiscal year 2021. The company announced its ambition to achieve net-zero greenhouse gas emissions from its operations and financing activities by 2050, alongside doubling its commitment to mobilize sustainable finance to $300 billion by 2030. CIBC also launched the CIBC Foundation with an initial $70 million donation to support social and economic equity in communities. Additionally, the bank achieved gender parity on its Board of Directors with 50% women and reported that 38% of board-approved executive roles globally are held by women.
Company: Canadian Imperial Bank of Commerce
Sector: Financials
Country: Canada
Year: 2021
Type: AR2
Pages: 220
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Canadian Imperial Bank of Commerce
Annual Report
The report highlights CIBC's financial and ESG performance for the fiscal year 2021. The company announced its ambition to achieve net-zero greenhouse gas emissions from its operations and financing activities by 2050, alongside doubling its commitment to mobilize sustainable finance to $300 billion by 2030. CIBC also launched the CIBC Foundation with an initial $70 million donation to support social and economic equity in communities. Additionally, the bank achieved gender parity on its Board of Directors with 50% women and reported that 38% of board-approved executive roles globally are held by women.
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Document Details
Report Year
2021
Reporting Period
Nov 1, 2020 - Oct 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Net Zero Target
Employees