Building a sustainable future

We will reduce our GHG emissions intensity by 20% by 2026 (2018 baseline)
We will support $150 billion in sustainable financing by 2027
We issued our first TCFD aligned climate change report, Building a Sustainable Future (PDF, 3 MB)  Opens in a new window.

News and updates

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 initiative Partnership for Carbon Accounting Financials. Opens in a new window.

 

CIBC becomes the first Canadian bank to join RMI's Center for Climate-Aligned Finance

In February 2021, we joined RMI’s Center for Climate-Aligned Finance as a Strategic Partner. We’ll help the Center develop the agreements and tools necessary to align financial decision-making with the long-term decarbonization of the real economy.

Learn more about our partnership with RMI’s Center for Climate-Aligned Finance. Opens in a new window.

 

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