At CIBC, we use our best efforts to ensure compliance with relevant environmental laws and regulations.
Our Environmental Management System, which follows an ISO 14001 framework, is used to manage the risks and opportunities associated with our significant environmental aspects and to support continuous improvement efforts. It also addresses the bank’s credit business and procurement activities.
A significant portion of our environmental data is managed by our service providers. As part of our service level agreements, service providers sign a statement of verification each year. The Environmental Risk Management group independently reviews the data to ensure data integrity.