{"id":839939,"date":"2025-04-22T08:21:05","date_gmt":"2025-04-22T12:21:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-named-one-of-canadas-greenest-employers-for-fourth-consecutive-year\/"},"modified":"2025-04-22T08:21:05","modified_gmt":"2025-04-22T12:21:05","slug":"cibc-named-one-of-canadas-greenest-employers-for-fourth-consecutive-year","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-named-one-of-canadas-greenest-employers-for-fourth-consecutive-year\/","title":{"rendered":"CIBC Named One of Canada&#8217;s Greenest Employers for Fourth Consecutive Year"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">Canada NewsWire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">TORONTO<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">April 22, 2025<\/span><\/span> \/CNW\/ &#8211; CIBC has been recognized as one of <span class=\"xn-location\">Canada&#8217;s<\/span> Greenest Employers by MediaCorp Canada Inc. for the fourth consecutive year. This award highlights organizations that demonstrate leadership in reducing environmental impact, integrating responsible business practices, supporting clients in their transition to a low carbon economy, and engaging employees in environmental initiatives.<\/p>\n<p>&#8220;This award reflects our ongoing efforts in supporting sustainable initiatives that contribute to positive change for our team, clients, and communities,&#8221; said <span class=\"xn-person\">Kikelomo Lawal<\/span>, Executive Vice-President, Chief Legal Officer and Chair of the Senior Executive ESG Council, CIBC. &#8220;We are honoured to receive this recognition and guided by our purpose, remain focused on enabling a more prosperous future.&#8221;\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>\n        <b>CIBC&#8217;s key investments towards sustainability include:\u00a0<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>Hosting the inaugural CIBC Electrification Summit and the second annual CIBC Carbon Summit to facilitate critical discussions with stakeholders about the energy transition.<\/li>\n<li>As of 2024, we have achieved a cumulative reduction of 31.4% in absolute Scope 1 and 2 operational GHG emissions against our target of 30% by 2028 for our operations in <span class=\"xn-location\">Canada<\/span> and US.<sup>1<\/sup><\/li>\n<li>Mobilizing <span class=\"xn-money\">$42.5 billion<\/span> in 2024 to achieve cumulative progress of <span class=\"xn-money\">$199.8 billion<\/span> toward our goal of <span class=\"xn-money\">$300 billion<\/span> in sustainable finance by 2030 to help clients achieve their green, social, and decarbonization objectives.<sup>2<\/sup><\/li>\n<li>Recognized by Global Finance&#8217;s Sustainable Finance Awards in 2025 for Best Sustainable Finance Bank in <span class=\"xn-location\">Canada<\/span>, Best Bank for Green Bonds in <span class=\"xn-location\">North America<\/span>, and Best Bank for Sustaining Communities in North America.\u00a0<\/li>\n<\/ul>\n<p>For more information about CIBC&#8217;s commitment to sustainability,\u00a0<u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4409125-1&amp;h=1516868295&amp;u=https%3A%2F%2Fwww.cibc.com%2Fen%2Fabout-cibc%2Fcorporate-responsibility.html&amp;a=visit+our+website\" target=\"_blank\" rel=\"nofollow\">visit our website<\/a><\/u><b>.\u00a0<\/b>\u00a0<\/p>\n<p>\n        <b>About CIBC\u202f<\/b>\u202f\u00a0<br \/>\u00a0<br \/>CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across <span class=\"xn-location\">Canada<\/span>, in <span class=\"xn-location\">the United States<\/span> and around the world. Ongoing news releases and more information about CIBC can be found at\u00a0 <u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4409125-1&amp;h=2616539641&amp;u=https%3A%2F%2Fwww.cibc.com%2Fen%2Fabout-cibc%2Fmedia-centre.html&amp;a=https%3A%2F%2Fwww.cibc.com%2Fen%2Fabout-cibc%2Fmedia-centre.html\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.cibc.com\/en\/about-cibc\/media-centre.html<\/a><\/u>.\u00a0<\/p>\n<p>_____________________<br \/><sup>1<\/sup> All Scope 1 and 2 emissions are calculated and disclosed using the following reporting standard: World Resources Institute (WRI)\/World Business Council for Sustainable Development (WBCSD), The Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (Revised Edition) <span class=\"xn-chron\">March 2004<\/span>. The reduction in absolute Scope 1 and 2emissions (location-based) is before the application of Renewable Energy Certificates (RECs). The 2024 reporting period for Scope 1 and 2 emissions is from <span class=\"xn-chron\">August 1, 2023<\/span> \u2013 <span class=\"xn-chron\">July 31, 2024<\/span>.<br \/><sup>2<\/sup> Refer to\u00a0CIBC&#8217;s <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4409125-1&amp;h=3537744395&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4377021-1%26h%3D2729119566%26u%3Dhttps%253A%252F%252Fwww.cibc.com%252Fcontent%252Fdam%252Fabout_cibc%252Fcorporate_responsibility%252Fpdfs%252Fsustainability-finance-methodology-en.pdf%26a%3DSustainable%2BFinance%2BMethodology&amp;a=Sustainable+Finance+Methodology\" target=\"_blank\" rel=\"nofollow\">Sustainable Finance Methodology<\/a>\u00a0for details on eligible green, decarbonization, and social activities and corresponding eligibility criteria, business products, and measurement methodology used for the classification of a transaction as sustainable finance. \u00a0<\/p>\n<p>SOURCE  CIBC<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C7741&amp;Transmission_Id=202504220800CANADANWWEB______C7741&amp;DateId=20250422\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada NewsWire TORONTO , April 22, 2025 \/CNW\/ &#8211; CIBC has been recognized as one of Canada&#8217;s Greenest Employers by MediaCorp Canada Inc. for the fourth consecutive year. This award highlights organizations that demonstrate leadership in reducing environmental impact, integrating responsible business practices, supporting clients in their transition to a low carbon economy, and engaging employees in environmental initiatives. &#8220;This award reflects our ongoing efforts in supporting sustainable initiatives that contribute to positive change for our team, clients, and communities,&#8221; said Kikelomo Lawal, Executive Vice-President, Chief Legal Officer and Chair of the Senior Executive ESG Council, CIBC. &#8220;We are honoured to receive this recognition and guided by our purpose, remain focused on enabling a more prosperous future.&#8221;\u00a0\u00a0\u00a0\u00a0 CIBC&#8217;s key investments &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-named-one-of-canadas-greenest-employers-for-fourth-consecutive-year\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CIBC Named One of Canada&#8217;s Greenest Employers for Fourth Consecutive Year&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-839939","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CIBC Named One of Canada&#039;s Greenest Employers for Fourth Consecutive Year - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-named-one-of-canadas-greenest-employers-for-fourth-consecutive-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIBC Named One of Canada&#039;s Greenest Employers for Fourth Consecutive Year - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Canada NewsWire TORONTO , April 22, 2025 \/CNW\/ &#8211; CIBC has been recognized as one of Canada&#8217;s Greenest Employers by MediaCorp Canada Inc. for the fourth consecutive year. This award highlights organizations that demonstrate leadership in reducing environmental impact, integrating responsible business practices, supporting clients in their transition to a low carbon economy, and engaging employees in environmental initiatives. &#8220;This award reflects our ongoing efforts in supporting sustainable initiatives that contribute to positive change for our team, clients, and communities,&#8221; said Kikelomo Lawal, Executive Vice-President, Chief Legal Officer and Chair of the Senior Executive ESG Council, CIBC. &#8220;We are honoured to receive this recognition and guided by our purpose, remain focused on enabling a more prosperous future.&#8221;\u00a0\u00a0\u00a0\u00a0 CIBC&#8217;s key investments &hellip; Continue reading &quot;CIBC Named One of Canada&#8217;s Greenest Employers for Fourth Consecutive Year&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-named-one-of-canadas-greenest-employers-for-fourth-consecutive-year\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-22T12:21:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C7741&amp;Transmission_Id=202504220800CANADANWWEB______C7741&amp;DateId=20250422\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cibc-named-one-of-canadas-greenest-employers-for-fourth-consecutive-year\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cibc-named-one-of-canadas-greenest-employers-for-fourth-consecutive-year\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CIBC Named One of Canada&#8217;s Greenest Employers for Fourth Consecutive Year\",\"datePublished\":\"2025-04-22T12:21:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cibc-named-one-of-canadas-greenest-employers-for-fourth-consecutive-year\\\/\"},\"wordCount\":436,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cibc-named-one-of-canadas-greenest-employers-for-fourth-consecutive-year\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C7741&amp;Transmission_Id=202504220800CANADANWWEB______C7741&amp;DateId=20250422\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cibc-named-one-of-canadas-greenest-employers-for-fourth-consecutive-year\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cibc-named-one-of-canadas-greenest-employers-for-fourth-consecutive-year\\\/\",\"name\":\"CIBC Named One of Canada's Greenest Employers for Fourth Consecutive Year - 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