Canadian Imperial Bank of Commerce 2022 SR
The report highlights CIBC's progress in its ESG strategy, focusing on climate action, access to opportunities, and building trust. In 2022, the company mobilized $35.9 billion in sustainable finance, contributing to its $300 billion goal by 2030. CIBC reaffirmed its commitment to achieving net-zero greenhouse gas emissions by 2050 and reported a 22% reduction in operational Scope 1 and 2 emissions since 2018. The bank also achieved 38% representation of women in executive roles and invested $81 million in community organizations globally. Furthermore, CIBC launched the Black Entrepreneur Program and established a Reconciliation Framework to support Indigenous prosperity.
Company: Canadian Imperial Bank of Commerce
Sector: Financials
Country: Canada
Year: 2022
Type: SR
Pages: 116
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Canadian Imperial Bank of Commerce
Sustainability Report
The report highlights CIBC's progress in its ESG strategy, focusing on climate action, access to opportunities, and building trust. In 2022, the company mobilized $35.9 billion in sustainable finance, contributing to its $300 billion goal by 2030. CIBC reaffirmed its commitment to achieving net-zero greenhouse gas emissions by 2050 and reported a 22% reduction in operational Scope 1 and 2 emissions since 2018. The bank also achieved 38% representation of women in executive roles and invested $81 million in community organizations globally. Furthermore, CIBC launched the Black Entrepreneur Program and established a Reconciliation Framework to support Indigenous prosperity.
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Document Details
Report Year
2022
Reporting Period
Nov 1, 2021 - Oct 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees