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.
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.
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