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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

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

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.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Download PDF

Over 500+ downloads

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Download PDF

...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.
Compare CIBC with other companies in the same industry –>

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.

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

Learn about our methodology ->

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