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Canadian Imperial Bank of Commerce

Common Name
CIBC
Country
Canada
Sector
Financial Services
Industry
Banks - Diversified
Employees
49,761
Ticker
CM
Exchange
TORONTO STOCK EXCHANGE
Description
Canadian Imperial Bank of Commerce is a major financial institution in Canada offering a wide array of banking and financial services. As one of the country's 'Big Five' banks, its primary purpose is ...

CIBC's Energy Data Preview

In 2024, CIBC disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

CIBC also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, CIBC also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, CIBC also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate CIBC's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Limited Data Preview
You are viewing a limited preview of CIBC’s Energy dataset. The full dataset, available for download, includes reported energy consumption and production by energy type (e.g., electricity, heat, fuels), energy source, and renewability, with historical coverage back to 2019.
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Verified Sources Behind CIBC’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore CIBC’s data sources below and access millions more through our Disclosure Search.

a. CIBC's ESG Data Spreadsheet 2024

Insights into CIBC's Energy Renewability

In 2024, CIBC consumed a total of 1.05 million Gigajoules of energy across its operations. Of this total, 57.45% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 42.55% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

CIBC's Energy Renewability Rate

57%

How much of CIBC's energy consumed is renewable?

In 2024, CIBC consumed a total of 1.05 million Gigajoules of energy, of which 57.45% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This moderate level of renewable energy adoption indicates that CIBC is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are CIBC's energy practices becoming more sustainable?

Since 2019, CIBC's total energy consumption decreased by 28.26%, including a further 6.09% drop in 2024, highlighting a continued decline in energy use.a

Over the same period, the share of renewable energy in CIBC's consumption increased by 23.84%, showing a recent positive trend in clean energy adoption.a

CIBC's Renewable vs Non-renewable Energy Over Time

1.42 M665.57 k84.43 k1.42 MGigajoules (GJ)20242023202220212020201957%46%19%43%54%81%93%96%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into CIBC's Energy Consumption & Production Mix

In 2024, CIBC disclosed detailed information on the sources and generation technologies of the energy it consumed.This disclosure enables a clearer assessment of the CIBC's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.a

CIBC's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(60.5%)Natural Gas(31.3%)Chilled Water,Diesel, Heating Oiland Propane(8.3%)

What are the main sources and generation technologies behind CIBC's energy consumption?

In 2024, CIBC's total energy consumption was primarily sourced from a

  • Electricity (Unspecified Source) (60.47%)
  • Natural Gas (31.26%)
  • Chilled Water, Diesel, Heating Oil and Propane (8.27%)

How diverse is CIBC’s energy consumption mix?

In 2024, CIBC consumed energy from 5 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.a

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