Our commitment to environmental sustainability

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

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.

Learn more about CIBC’s commitment to achieving net-zero greenhouse gas emissions. Opens in a new window.

CIBC joins Partnership for Carbon Accounting Financials (PCAF)

In February 2021, we joined PCAF, an initiative led by the financial industry to develop a harmonized global standard to measure and disclose the greenhouse gas emissions (GHG) of loans and investments.

Learn more about CIBC joining the Partnership for Carbon Accounting Financials. Opens in a new window.