Canadian Imperial Bank of Commerce
CIBC 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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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.
CIBC's Energy Renewability Rate
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.
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 2018, CIBC's total energy consumption decreased by 26.73%, including a further 6.09% drop in 2024, highlighting a continued decline in energy use.
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.
CIBC's Renewable vs Non-renewable Energy Over Time
- 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.
CIBC's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind CIBC's energy consumption?
In 2024, CIBC's total energy consumption was primarily sourced from
- Electricity (Unspecified Source) (57.45%)
- Natural Gas (34.66%)
- Chilled Water, Diesel, Heating Oil, Propane and Steam (Unspecified Source) (7.9%)
How diverse is CIBC’s energy consumption mix?
In 2024, CIBC consumed energy from 6 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.