TORONTO, June 3 /CNW/ - Today, CIBC Mellon released its inaugural
corporate social responsibility (CSR) review. "Taking care" provides details
of the company's progress on its CSR commitments made to date and its
objectives for 2009.
"At CIBC Mellon, corporate social responsibility defines who we are and
what we do. All of our stakeholders benefit as this program allows us to
continue to build trust, strengthen our reputation and unite our employees
through a common focus," said Thomas C. MacMillan, president and CEO of CIBC
Mellon. "This review looks at the impact of CIBC Mellon's activities on our
clients, communities, employees and the environment."
"We are especially proud of the accomplishments featured in this report,"
said James Dennison, chief risk officer and chair of the company's CSR
committee. "'Taking Care' further demonstrates our positive impact on
employees and communities, as well as our commitment to operating with
transparency and integrity, while also improving our environmental
CIBC Mellon's CSR review addresses a wide range of topics in five key
areas: compliance and ethics, clients and products, employees, community and
environmental sustainability. The review also features the company's CSR and
environmental sustainability statements and commitments, along with key
performance indicators for 2009. To download a copy of CIBC Mellon's inaugural
CSR review, please visit www.cibcmellon.com. Note: In keeping with the
company's environmental sustainability commitments, 80 per cent of these
reports will be distributed electronically.
CIBC Mellon is 50-50 jointly owned by Canadian Imperial Bank of Commerce
and The Bank of New York Mellon Corporation. CIBC Mellon Global Securities
Services Company is a leading provider of financial services for institutions
and corporations, providing superior asset servicing, multicurrency
accounting, information delivery, securities lending and foreign exchange
services in Canada. CIBC Mellon is part of BNY Mellon Asset Servicing, which
has more than US$19.5 trillion in assets under custody and administration and
more than $881 billion in assets under management. CIBC Mellon Global
Securities Services Company is a sister company to CIBC Mellon Trust Company.
Visit CIBC Mellon's website at www.cibcmellon.com.
For further information:
For further information: Rashi Sharma, manager, corporate
communications, CIBC Mellon, (416) 643-6562