Canadian Imperial Bank of Commerce (CIBC)

Canada
Banks

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Canadian Imperial Bank of Commerce (CIBC) is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. CIBC embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/4/24GovernanceMÉDACCountry-level Renumeration RatiosAgainst11.71%
4/4/24GovernanceVCIMDisclose the CEO-compensation-to-median-employee-pay-ratio on an annual basisAgainst9.66%
4/4/24EnvironmentalInvestNowFinancing of the Canadian Oil and Gas SectorAgainst0.65%
4/4/24GovernanceMÉDACAUM's Moved to be held in personAgainst52.89%
4/4/23EnvironmentalSay on ClimateAgainst15.75%
4/4/23EnvironmentalFinancing of the Canadian Oil and Gas SectorAgainst0.87%
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