CIBC
Banks
CM
$ 106 2.4
Share price
$ 95 bn
Market Cap
$ 95 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
CIBC aims to reduce Scope 1 + 2 by 30% by 2028 from a base year 2018
This target has not been verified as science based according to SBTi
GHG emissions and Carbon intensity
CIBC reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 51 Kt (-5.9 /-10.3% y-o-y).
CIBC's Scope 3 emissions decreased to 10 Kt (
The company is committed to reducing Scope 1 + 2 by 30% by 2028 from a base year 2018, which translates into the estimated reduction of -1 Kt per annum over the period of FY2022 - FY2028. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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