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CIBC Bank USA
CIBC Bank USA, a subsidiary of the Canadian Imperial Bank of Commerce, is a prominent financial institution headquartered in the United States. Established in 2006, it has rapidly expanded its presence across major operational regions, including Illinois and Michigan, offering a range of banking services tailored to both personal and commercial clients. Operating within the banking industry, CIBC Bank USA focuses on core areas such as commercial lending, personal banking, and wealth management. Its unique approach combines innovative financial solutions with a commitment to customer service, setting it apart in a competitive market. Notable achievements include a strong market position bolstered by strategic growth initiatives and a dedication to community engagement, making CIBC Bank USA a trusted partner for financial needs.
DitchCarbon Score
How does CIBC Bank USA's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
CIBC Bank USA's score of 43 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CIBC Bank USA currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of the Canadian Imperial Bank of Commerce (CIBC), and any relevant emissions data or climate commitments would be inherited from its parent organisation. CIBC has made commitments to address climate change, although specific reduction targets or initiatives for CIBC Bank USA are not detailed. The bank's climate strategy may align with broader initiatives from CIBC, which has been involved in various sustainability efforts, including participation in the Carbon Disclosure Project (CDP) at a cascade level of 2. As a subsidiary, CIBC Bank USA's climate commitments and performance may reflect the overarching goals set by CIBC, but specific details on reduction targets or achievements are not provided. The bank's approach to sustainability and climate action remains aligned with industry standards, focusing on reducing carbon footprints and enhancing environmental responsibility.
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Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 20,623,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 32,572,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
CIBC Bank USA is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
