We’re dedicated to maintaining strong environmental standards and conducting our activities in an environmentally responsible manner that contributes to long-term value for our shareholders.
Building a sustainable future
We will reduce our absolute GHG emissions by
30% by 2028 (2018 baseline).
We will support
$300 billion in sustainable financing by 2030.
We will achieve net-zero GHG emissions by 2050.
News and updates
6 of Canada's Largest Banks Join United-Nations-convenedNet-Zero Banking Alliance
In October 2021, 6 of Canada's largest banks together announced their pledge to join the Net-Zero Banking Alliance (NZBA) as part of a global, industry-led initiative to accelerate and support efforts to address climate change.
CIBC declares net-zero ambition by 2050 and increases sustainable finance target
We announced our ambition to achieve net-zero greenhouse gas emissions associated with operational and financing activities by 2050, and a significant increase in our commitment to mobilizing sustainable finance to a target of $300 billion by 2030.
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