Canada NewsWire
TORONTO, Dec. 14, 2020
TORONTO, Dec. 14, 2020 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today that it received a score of A- from the CDP (formerly known as the Carbon Disclosure Project). Improving from a B rating in 2019, this score demonstrates CIBC's progress in environmental performance and reporting. The score also places CIBC among the highest ranking Canadian financial institutions and the top-tier of global banks.
"This rating reflects our strong disclosure practices and continued focus on environmental priorities," said Kikelomo Lawal, Executive Vice-President and Chief Legal Officer, CIBC.
"We are committed to supporting our clients and communities in their efforts to transition to a more sustainable future."
As part of CIBC's commitment to support environmental sustainability initiatives, the bank's actions include:
More on CIBC's environmental initiatives and performance can be found on CIBC's Environmental Sustainability website and in the bank's CDP Climate Change 2020 questionnaire response.
About CIBC
CIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada with offices in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/en/about-cibc/media-centre.html.
SOURCE CIBC
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