Source: Marketscreener

CIBC: Canadian Imperial Bank of Commerce : 2024 ESG Data Tables

2024 ESG Data Tables March 2025 Table of Contents About this report 3 General 5 Team members 5 Employment type 6 CIBC Caribbean 7 Governance 8 Business ethics 9 Information and privacy 10 Delivering for our clients 11 Respecting human rights 12 Social 13 Employee engagement 13 Inclusion at work 18 Inclusive banking 25 Engaging with our communities 27 Environment 28 Operational eco-efficiency 28 Financed emissions 35 Sustainable products and solutions 38 Sustainable finance 38 Sustainable investing 39 CIBC Client Complaints Appeals Office 40 About this report Reporting boundary and scope CIBC reports on its ESG progress annually. This report covers our 2024 activities globally for the period of November 1, 2023 - October 31, 2024, unless otherwise noted. The ESG Data tables supplements the 2024 Sustainability Report and Public Accountability Statement and the 2024 Climate Report . All metrics in the ESG Data Tables exclude CIBC Mellon. CIBC is a 50/50 joint venture partner with The Bank of New York Mellon in two joint ventures: CIBC Mellon Trust Company and CIBC Mellon Global Securities Services Company Inc. (collectively referred to as CIBC Mellon). Any restatements and changes to methodologies from previous reports are described in performance data footnotes. Measures, metrics, and currency amounts are in Canadian dollars, unless otherwise noted. Assurance We have obtained independent limited assurance for a selection of our 2024 ESG performance indicators. The applicable limited assurance report or verification statement can be found in the ESG Document Library on our website . Within this report, the assurance symbol ( ✓ ) is used to indicate a figure has been independently assured to a limited level. Caution regarding forward-looking statements From time to time, we make written or oral forward-looking statements within the meaning of certain securities laws, including in this Report, in other filings with Canadian securities regulators or the SEC, and in other communications. All such statements are made pursuant to the "safe harbour" provisions of, and are intended to be forward-looking statements under applicable Canadian and US securities legislation, including the US Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements in this Report related to our purpose - to help make our clients' ambitions a reality, priorities, targets, metrics, sustainability commitments and goals (including our $300 billion by 2030 sustainable finance goal, the implementation and update of our Sustainable Finance Methodology, our 2050 net-zero ambition, and reducing operational GHG emissions), as well as our economic and environmental, social, and governance (ESG) related impacts and objectives, including but not limited to, sustainable financing, data ethics, inclusion, employee engagement, making a difference in the community, inclusive banking, and accelerating climate action. Forward-looking statements are typically identified by the words "believe", "expect", "anticipate", "intend", "estimate", "forecast", "target", "predict", "commit", "ambition", "goal", "strive", "project", "objective", and other similar expressions or future or conditional verbs such as "will", "may", "should", "would", and "could". By their nature, these statements require us to make assumptions and are subject to inherent risks and uncertainties that may be general or specific, which give rise to the possibility that our predictions, forecasts, projections, expectations, or conclusions will not prove to be accurate, that our assumptions may not be correct, and that our priorities, targets, commitments, and goals, and economic and ESG-related impacts and objectives will not be achieved. As we work to advance our ESG goals, external factors outside of CIBC's reasonable control may act as constraints on achieving these goals. These factors include: trade policies and tensions, including tariffs; infIationary pressures in the US; global supply-chain disruptions; geopolitical risk, including from the war in Ukraine and confIict in the Middle East; the occurrence, continuance, or intensification of public health emergencies, such as the impact of post-pandemic hybrid work arrangements, and any related government policies and actions; the failure of third parties to comply with their obligations to us and our affiliates or associates; our ability to implement various sustainability-related initiatives internally and with our clients under expected time frames; our ability to scale our sustainable finance products and services; the availability of comprehensive and high-quality GHG emissions data (including from CIBC's clients) and standardization of ESG-related measurement methodologies; the evolution of our lending portfolios over time; the need for active and continuing participation, cooperation, and collaboration from various stakeholders (including enterprises, financial institutions, governmental and non- 2024 ESG Data Tables I 3 governmental organizations, and individuals); deployment of new technologies and industry-specific solutions; the evolution of consumer behaviour; varying decarbonization efforts across economies; the need for thoughtful climate policies globally; the challenges of balancing interim emissions goals with an orderly transition; and the continuing development and evolution of regulations, guidelines, principles, and frameworks internationally and CIBC's compliance thereto, which could lead to us to being subject to various legal and regulatory proceedings, the potential outcome of which could include regulatory restrictions, penalties, and fines. These and other factors may cause actual results to differ materially from the expectations expressed in the forward-looking statements and may require CIBC to adapt its initiatives and activities or adjust its commitments, metrics, targets, and goals. The forward-looking statements in this Report are presented for the purpose of assisting clients and others in understanding our objectives and strategic priorities, and may not be appropriate for other purposes. We do not undertake to update any forward-looking statement except as required by law. 2024 ESG Data Tables I 4 General Team members Regular employees 1 Units 2024 2023 2022 2021 2020 2019 Canada - 43,847 43,991 45,921 40,852 39,192 N/A US + International - 4,106 3,880 3,532 3,123 2,965 N/A Total global regular employees 2 - 47,953 47,871 49,453 43,975 42,157 N/A Temporary employees 3 Units 2024 2023 2022 2021 2020 2019 Canada - 1,208 850 1,101 969 N/A N/A US + International - 22 27 39 30 N/A N/A Total global temporary employees 2 - 1,230 877 1,140 999 N/A N/A Contingent workers 4 Units 2024 2023 2022 2021 2020 2019 Canada - 2,243 1,221 1,600 1,557 1,550 N/A US + International - 118 150 264 222 107 N/A Total global contingent employees 2 - 2,361 1,371 1,864 1,779 1,657 N/A Total Units 2024 2023 2022 2021 2020 2019 Total global team members 2 - 51,544 50,119 52,457 46,753 43,814 N/A 1 2 3 4 Regular employees refers to our regular (full-time and part-time) employees, who are working or on paid leaves, as at October 31. Excludes temporary employees, retirees, employees on unpaid leaves, contingent workers and CIBC Caribbean. Global refers to Canada, US and International, excluding CIBC Caribbean. Temporary employees refers to our full-time and part-time employees on a fixed term with a defined end date, and a status of 'Temporary'. Includes temporary employees who are working or on paid leaves, as at October 31 and who are paid through CIBC payroll. Excludes regular employees, retirees, employees on unpaid leaves, contingent workers, and CIBC Caribbean. In 2024, 46% of our total global temporary employees performed work in a core functional area that supports our business operations; whereas 54% performed work in a strategic business unit that directly supports our clients. Year-over-year variances reflect adjustments to CIBC's workforce mix to align to changing business and project-related requirements. Contingent workers include staff augmentation workers who are managed by CIBC's Human Resources through a formal Contingent Worker Program and provide services to CIBC on an as-needed basis through an approved vendor, as at October 31. Excludes regular and temporary employees, retirees, and CIBC Caribbean. In 2024, 87% of our total global contingent workers performed work in a core functional area that supports our business operations; whereas 13% performed work in a strategic business unit that directly supports our clients. Year over year variances reflect adjustments to CIBC's workforce mix to align to changing business and project-related requirements. 2024 ESG Data Tables I 5 Employment type Employment type - Canada Units 2024 2023 2022 2021 2020 2019 Full-time - 41,063 41,103 42,807 37,667 N/A N/A Part-time - 2,784 2,888 3,114 3,185 N/A N/A Employment type - US + International Units 2024 2023 2022 2021 2020 2019 Full-time - 4,070 3,837 3,484 3,072 N/A N/A Part-time - 36 43 48 51 N/A N/A Gender 5, 6 Units 2024 2023 2022 2021 2020 2019 Women - 26,164 26,275 27,148 24,074 23,204 N/A Men - 21,745 21,543 22,068 19,819 18,912 N/A Age 7 Units 2024 2023 2022 2021 2020 2019 30 years old - 9,120 9,450 10,952 8,000 7,109 N/A 30 - 50 years old - 25,387 24,849 25,028 22,546 21,873 N/A >50 years old - 13,446 13,572 13,473 13,429 13,175 N/A Total regular employees 1 - 47,953 47,871 49,453 43,975 42,157 N/A 5 6 7 The total of women and men does not equal CIBC's 2024 total global regular employees as our total global regular employees includes men, women, employees who identify as non-binary, and employees that have not self-identified. All data is based on self-identification voluntarily disclosed by employees as at October 31. Age segmentation is defined based on date of birth in Workday (a human capital management system) as at October 31. 2024 ESG Data Tables I 6 CIBC Caribbean CIB

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Annual Revenue
$10-50B
Employees
10-50K
Victor G. Dodig's photo - President & CEO of CIBC

President & CEO

Victor G. Dodig

CEO Approval Rating

85/100

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