CIBC
Sustainability Report and Carbon Intensity Rankings
Is CIBC doing their part?
Their DitchCarbon score is 61
CIBC has a DitchCarbon Score of 61 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s efforts to manage and reduce its carbon intensity. A higher score would signify even greater success in minimizing their environmental impact through lower carbon emissions.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
CIBC is a company in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
CIBC is situated in Canada, a region with a very low carbon intensity rating, indicating a cleaner energy grid. This favorable environmental condition supports CIBC’s sustainability efforts by reducing the carbon footprint associated with their operations.
Unlock 30+ emissions data points on CIBC
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on CIBC
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
10.17%
...this company is doing 10.17% better in emissions than the industry average.
Founded in 1867 and headquartered in Toronto, CIBC is a prominent player in the finance sector, serving over 11 million clients worldwide. The company offers a comprehensive range of financial products and services, tailored to meet the unique needs of its customers. CIBC is recognized for its culture of innovation, commitment to trust, teamwork, and accountability, and is consistently named among the top employers in Canada.
emission intelligence's platform recommendations for CIBC
CIBC should enhance its monitoring and reporting systems to better track progress and identify additional opportunities for reducing its Scope 2 emissions, which could potentially lower its emissions by 25%.
Bad news, CIBC has not committed to SBTi goals yet
CIBC has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining its goals for reducing greenhouse gas emissions in line with climate science.
Not participating
Claim this profile
Are you associate with this company?
Help us improve our data and claim this profile.
Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
Looking for a specific company?
Search our company directory or contact us for custom data requests.