CIBC is a leading North American financial institution with nearly 11 million personal banking and business clients. According to Barclay Cornell, CIBC’s Senior Vice President, "CIBC is committed to being an environmentally responsible organization. Our commitment to source FSC paper and other FSC-certified products further demonstrates the effectiveness of our Environmentally Responsible Procurement Standard, as well as proof of our efforts to support sustainable forestry practices."
In 2008 CIBC switched its office copy, printer, and fax paper to FSC-certified stock, equivalent to approximately 365 million sheets a year, across its Canadian operations. While CIBC has printed its annual report on FSC-certified paper since 2006, they will now transition 203 million sheets of client account statement paper, 116 million statement envelopes and 76 million ABM envelopes to FSC-certified stock on an annual basis.
For more information, visit: http://micro.newswire.ca/release.cgi?rkey=2006015002&view=14730-0&Start=&htm=0