CIBC net-zero ambition supported by establishing 2030 targets for emissions reduction from its oil and gas portfolio
CIBC is committed to collaborating with carbon-intensive sectors for a successful transition to net-zero. The bank established targets to reduce Scope 1 and 2 emissions intensity by 35% and Scope 3 emissions intensity by 27% from its oil and gas portfolio.
CIBC commits $100 million to climate tech and energy transition funds to accelerate climate action
Advancing its contribution to enable a more sustainable future, CIBC will make new Limited Partnership (LP) investments in low carbon and climate tech funds, driving the development of new climate innovations.
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