Community Investment

CIBC invests in the social and economic development of our communities to enrich lives and build better futures.

photo Canadian Cancer Society CIBC Run for the Curephoto Canadian Cancer Society CIBC Run for the Cure

Why it’s Important to CIBC

CIBC is committed to making a significant and lasting contribution to the well-being of communities where we live and work.

For us, giving back and supporting initiatives that make communities stronger is how we do business.

Management Approach

Through corporate donations, sponsorships and employee-giving and volunteering, our goal is to make an impact in the communities in which we work and live. In addition to financial contributions, much of our support comes through sharing our business expertise, marketing and other in-kind resources to build capacity for community organizations.

Our priorities are to:

  • Link our community investment programs to identified community needs;
  • Provide strategic support to key causes and contribute to broad community needs;
  • Enable our employees to engage in and contribute to community initiatives that matter to them; and
  • Measure and communicate the impact of our community giving.

2017 Performance

CIBC invested more than $70 million in community organizations across Canada and the U.S. through more than 2,200 charitable organizations. This includes over $45 million in corporate contributions and more than $25 million in employee-led fundraising and giving.

Corporate and Employee Contributions (millions)

2015

2016

2017

Corporate contributions

$45

$44

$45

Employee giving

$20

$21

$25

CIBC employees and retirees volunteered more than 200,000 hours in communities across Canada and the U.S. CIBC encourages the volunteer spirit of its employees and retirees through CIBC volunteer programs, and allows employees to use specific work days for volunteer activities.

Photo Canadian Cancer Society CIBC Run for the Cure Photo Canadian Cancer Society CIBC Run for the Cure

Canadian Cancer Society CIBC Run for the Cure

The 2017 Canadian Cancer Society CIBC Run for the Cure raised $17 million, including $3 million from Team CIBC. 2017 marked the 21st year of CIBC’s title sponsorship of the Run and, over this time, Team CIBC has raised more than $48 million in support of a future without breast cancer.

CIBC Miracle Day

CIBC employees, together with clients across Canada and in offices in New York, London and Hong Kong, raised $7 million on CIBC Miracle Day. Funds are distributed to charitable organizations to help kids rise above.

Photo CIBC Miracle Day Photo CIBC Miracle Day
logos for CIBC and United Way logos for CIBC and United Way

Annual Employee Giving Campaign

Team CIBC raised more than $15.4 million during our annual employee giving campaign, including a $3.5 million corporate donation, to benefit United Way and other charities in our communities.