Canadian Imperial Bank of Commerce 2021 SR
The report outlines CIBC's refocused ESG strategy centered on accelerating climate action, creating access to opportunities, and building integrity and trust. Key highlights include mobilizing $34.9 billion in sustainable finance and achieving a 20% reduction in operational greenhouse gas emissions since 2018. The company announced a net-zero ambition for 2050 and launched the CIBC Foundation with an initial $70 million donation to support social and economic opportunities. The report also details progress in inclusive banking, such as a 19% growth in Indigenous commercial and wealth management business, and achieving 38% women in executive roles globally.
Company: Canadian Imperial Bank of Commerce
Sector: Financials
Country: Canada
Year: 2021
Type: SR
Pages: 121
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Canadian Imperial Bank of Commerce
Sustainability Report
The report outlines CIBC's refocused ESG strategy centered on accelerating climate action, creating access to opportunities, and building integrity and trust. Key highlights include mobilizing $34.9 billion in sustainable finance and achieving a 20% reduction in operational greenhouse gas emissions since 2018. The company announced a net-zero ambition for 2050 and launched the CIBC Foundation with an initial $70 million donation to support social and economic opportunities. The report also details progress in inclusive banking, such as a 19% growth in Indigenous commercial and wealth management business, and achieving 38% women in executive roles globally.
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Document Details
Report Year
2021
Reporting Period
Nov 1, 2020 - Oct 31, 2021
Fiscal Year
2021
Type
Sustainability Report
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
Workplace Fatalities
Net Zero Target
Employees