Le Lézard
Classified in: Business
Subjects: AWD, CSR, ESG

CIBC named to the Dow Jones Sustainability Index - North America for 17th consecutive year


Bank recognized as a leader in environmental and social disclosure practices

TORONTO, Nov. 18, 2021 /CNW/ - CIBC (TSX: CM) (NYSE: CM) has been included in the Dow Jones Sustainability Index (DJSI) North America for the 17th consecutive year, as a result of its responsible and sustainable business practices, and transparency in disclosure. The DJSI measures the performance of companies based on economic, environmental and social criteria.

CIBC is ranked in the 90th percentile among banks globally, being recognized for continued gains in the social dimension category and in disclosure practices related to human rights and talent attraction.

"We are proud to see CIBC's endeavours in strengthening environmental, social and governance practices recognized," said Kikelomo Lawal, Executive Vice-President and Chief Legal Officer, CIBC. "Recognizing there is more to be done, we will continue to invest in a more sustainable future and work closely with our stakeholders to help them achieve their ambitions in this area. We recognize the critical role banks play in advancing the sustainability agenda, and we're committed to doing our part.

In addition, CIBC's measures towards a sustainable future include:

CIBC's Other industry recognitions include:

More on CIBC's sustainability practices can be found in the 2020 Sustainability Report.

For more information on the Dow Jones Sustainability Index, click here. 

About CIBC

CIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients. Across Personal and Small 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 Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/en/about-cibc/media-centre.html.

SOURCE CIBC


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