CIBC receives Indigenous Reconciliation Award and Innovation Award from Canadian federal Labour Program for the second year in a row

Press Release

TORONTO, June 3, 2024 – CIBC today announced it has received the Indigenous Reconciliation Award and the Innovation Award as part of the 2024 Employment Equity Achievement Awards (EEAA) organized by the Minister of Labour and Seniors for the second consecutive year.

The EEAA program recognizes employers who demonstrate outstanding achievement in implementing employment equity in their workplaces, including innovative approaches to connecting with jobseekers from underrepresented communities and implementing programs that foster stronger relationships between Indigenous and non-Indigenous peoples in the workplace.

“We are honoured to once again be recognized for our bank’s achievements in supporting our team members and making meaningful change within the communities we serve as part of our commitment to accessibility, inclusion and reconciliation,” said Sandy Sharman, Group Head, People, Culture and Brand, CIBC.

The Indigenous Reconciliation Award and the Innovation Award recognize CIBC’s action and impact in several areas:

• CIBC’s Reconciliation Framework, which helps accelerate the bank’s progress in supporting economic prosperity for Indigenous peoples through clear and measurable commitments and reporting.
• Contributions of $3.2 million to community organizations, scholarships, and bursaries supporting the next generation of Indigenous leaders and changemakers in 2023 through the CIBC Foundation.
• Making our Campus Recruitment process more inclusive by directly supporting  under-represented candidates identified through our talent partnerships.
• Expanding in-house accessibility support services, including American Sign Language interpretation and Communication Access Realtime Translation writer captioning for our Deaf, deafened and hard of hearing team members, as well as attendant and reader assistance services.

Learn more about the 2024 Employment Equity Achievement Awards

About CIBC

CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets and Direct Financial Services businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/ca/media-centre.

For further information: Stephanie Marcus, CIBC Communications & Public Affairs, 416-643-6358 or stephanie.marcus@cibc.com

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