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Banking on Climate Change – Fossil Fuel Finance Report Card 2019
World's top banks have poured $1.9 trillion into fossil fuel financing since the Paris Agreement was adopted, with financing on the rise each year
Canadian Imperial Bank of Commerce (CIBC)Canada
Created before Nov 2016
Last update: 2019-03-11 15:15:51
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CIBC head offices at Commerce Court Toronto. Photo: paul bica via Wikimedia Commons (CC BY 2.0)About Canadian Imperial Bank of Commerce (CIBC)
The Canadian Imperial Bank of Commerce (CIBC) was formed in 1961 through the merger of two chartered banks: Canadian Bank of Commerce and the Imperial bank of Canada. It is now one of the big five banks in Canada. CIBC has three main business units: Retail and Business Banking, Wealth Management and Capital Markets.
| Website | https://www.cibc.com/en/ |
| Headquarters |
Commerce Court
M5L 1A2 Toronto
Canada
|
| CEO/chair |
Victor G. Dodig CEO & President |
| Supervisor | |
| Annual reports |
Annual report 2018 CSR report 2018 |
| Ownership |
listed on NYSE Euronext & Toronto Stock Exchange
CIBC's share holder structure can be accessed here. |
Related Dodgy Deals
Canadian Imperial Bank Of Commerce (CIBC) has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
Projects - active profiles
Enbridge Northern Gateway pipelines Canada profile
There are no active projects for Canadian Imperial Bank of Commerce (CIBC) now.
Companies - active profiles
TransCanada Corporation Canada profile
There are no active companies for Canadian Imperial Bank of Commerce (CIBC) now.
Dodgy Deals map
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Voluntary initiatives
Canadian Imperial Bank of Commerce (CIBC) has committed itself to the following voluntary standards:Campaigns
Canadian Imperial Bank of Commerce (CIBC) and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Canadian Imperial Bank of Commerce (CIBC) adopted the Equator Principles in 2003.
Reporting on the Equator Principles
Canadian Imperial Bank of Commerce (CIBC) must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Canadian Imperial Bank of Commerce (CIBC) is in compliance with its reporting obligations. The 2018 report can be found here.
Equator Principles
Implementation and reporting
Canadian Imperial Bank of Commerce (CIBC) is reporting on the implementation here.
Contact and complaints
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