TORONTO, March 10, 2014 /CNW/ - CIBC (TSX:CM) (NYSE:CM) announced today that its 2013 Corporate Responsibility Report and Public Accountability Statement, summarizing its commitment to stakeholders and highlighting the activities it is undertaking to enhance its economic, environmental, social and governance impacts is now available online at https://www.cibc.com/ca/cibc-and-you/public-account.html.
"For CIBC, corporate responsibility is integral to the way we think about and manage our business," said Sharon Mathers, Senior Vice-President, Communications and Public Affairs. "We recognize that the long-term success and viability of CIBC is closely linked to the confidence and trust our clients and stakeholders have in our organization."
"We invested more than $41 million this past year to support many charitable organizations across Canada. In addition to this, as title sponsor of the Canadian Breast Cancer Foundation CIBC Run for the Cure, Team CIBC helped raise $27 million through the 2013 event. Furthermore our employees and the bank gave a record $11.1 million to the 2012 United Way campaign, and raised a record $4.5 million for the 2012 CIBC Miracle Day in support of children's charities. Through their personal commitments of time and money, our employees have helped CIBC make a real difference in our communities," said Ms. Mathers.
CIBC demonstrates environmental responsibility with ongoing initiatives to minimize its impact on the environment, to promote environmental stewardship practices and to support strategically aligned environmental organizations. And, CIBC's corporate values of Trust, Teamwork and Accountability guides CIBC's commitment to good governance - doing the right thing and acting with integrity.CIBC's benchmarks for measuring progress are the international indices that assess corporate responsibility efforts. The Dow Jones Sustainability Index, FTSE4Good and Jantzi Social Index are three such indices. CIBC is proud to be longstanding constituents of each.