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Last update: 2016-08-02 16:16:51
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The Canadian Imperial Bank of Commerce (CIBC) formed after the largest merger of two chartered banks in Canadian history on June 1961, the merger between 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. CIBC states it is committed to being an environmentally responsible organization.
M5L 1A2 Toronto
Victor G. Dodig |
CEO & President
|Annual report||CIBC 2015 Corporate Responsibility Report and Public Accountability Statement|
listed on NYSE Euronext & Toronto Stock Exchange
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Voluntary initiativesCIBC has committed itself to the following voluntary standards:
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. CIBC adopted the Equator Principles in 2003.
Reporting on the Equator Principles
CIBC reports annually on their implementation of the Equator Principles. The 2016 report can be found here.
CIBC further reports on its portfolio of projects financed under the Equator Principles on the Equator Principles website, here.
Implementation and reporting
CIBC is reporting on the implementation here.