Canadian Imperial Bank of Commerce

Common Name
CIBC
Country
Canada
Sector
Financial Services
Industry
Banks - Diversified
Employees
48,698
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 Waste Data Preview

In 2023, CIBC conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into CIBC’s Generation of Hazardous and Non-Hazardous Waste

In 2023, CIBC generated a total of 717 metric tonnes of waste.

Of this amount, 36.26% of CIBC's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 63.74% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

CIBC’s Hazardous vs Non-Hazardous Waste Over Time

20182019202020212022202303006009001.2 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How CIBC reduced the environmental impact of its waste?

Since 2018, CIBC's total waste generation fell by 16.43%, but rose by 124.06% in 2023 , potentially reflecting a temporary surge in activity or inconsistency in waste control strategies.

Over the same period, CIBC saw a long-term increase of 16.97% in hazardous waste share, but a 23.15% reduction in 2023, indicating a recent improvement that may reflect updated production inputs, enhanced treatment, or stricter controls.

Overall, CIBC's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.

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