Annual Report

Overview

The report presents CIBC's ESG strategy through integrity, equitable access to opportunity and climate action. It states a net-zero ambition for operational and financing activities by 2050 and highlights an interim 2030 target for the automotive manufacturing portfolio. ESG oversight is assigned to the Board and its committees, with the Corporate Governance Committee leading execution oversight and the Executive Committee accountable for progress. The report also emphasizes inclusion-focused community programs and a 48,000-employee workforce.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: Ends 31 October 2024
Language: English
Pages
File size
Restatement: Disclosed

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Level
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Scope
Statement included

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