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

6 of Canada's Largest Banks Join United-Nations-convened Net-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.

Learn more about Canada’s 6 largest banks joining the Net-Zero Banking Alliance. Opens in a new window.

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.