|Date joined:||1 December, 2018|
|Initiatives:||Net Zero Banking Alliance|
CIBC is a leading Canadian-based global financial institution. Through its four strategic business units — Canadian Personal and Small Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets — CIBC provides a full range of financial products and services to 11 million individual, small business, commercial, corporate and institutional clients in Canada, the U.S. and around the world.
CIBC summarises their sustainability strategy as follows:
- CIBC aspires to be a leader in environmental performance – we recognize the importance of environmental issues and the role we can play towards sustainable development
- CIBC understands our stakeholders are engaged and impacted by the critical issues related to the environment
- We will engage all of our stakeholders to focus our efforts on initiatives where we can have a positive impact, and which are consistent with our client-focused strategy:
-Responsible Financing and Investing: CIBC will ensure that environmental issues and concerns are considered in all of our financing and investing activities
-Green Products and Services: CIBC will provide innovative financial solutions with environmental attributes to our clients
-Manage our Footprint: CIBC will maintain a focus on our environmental impact with the objective of reducing our footprint through continuous improvement
CIBC’s latest sustainability report is available for download here.