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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 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)2023202220212020 - 2017
Total Waste Generated
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a
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a
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a
0000000
Total Waste Recovered
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a
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a
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a
0000000
Total Hazardous Waste Generated
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a
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a
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a
0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind CIBC’s Waste 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 2023
a. CIBC's ESG Data Spreadsheet 2023

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

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

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.a

CIBC’s Hazardous vs Non-Hazardous Waste Over Time

2019202020212022202303006009001.2 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How CIBC reduced the environmental impact of its waste?

Since 2019, CIBC's total waste generation fell by 28.73%, but rose by 124.06% in 2023, potentially reflecting a temporary surge in activity or inconsistency in waste control strategies.a

Over the same period, CIBC reduced the hazardousness of its waste by 32.19%, with a further 23.15% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.a

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.a

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