Press Release
CIBC Mellon Hosts Green Fair: Invites Business and Not-For-Profit Partners to Share Sustainability Best Practices
TORONTO, April 25, 2011 – CIBC Mellon’s volunteer “green team” hosted the company’s first Green Fair, bringing employees together with sustainability-focused organizations to share environmental best practices for inside and outside the office.
"Our employees continually champion CIBC Mellon’s sustainability efforts and successes," said Tom Monahan, president and chief executive officer, CIBC Mellon. "Sustainability is smart business, helping reduce resource use, support employee engagement and encourage innovation. This event was a great opportunity for employees to identify new ways to make a difference for the environment we all share."
More than 100 employees attended the drop-in event, which featured information booths hosted by Ontario Power Generation and by three green not-for-profit organizations supported through CIBC Mellon’s corporate social responsibility program:
- Ontario Power Generation (OPG): Todd Hall, director of sustainable development, helped attendees better identify and understand opportunities to conserve energy at work and at home. He also shared information about OPG’s efforts toward supply chain greening.
- Nature Conservancy of Canada (NCC): Dana Kleniewski, manager, major gifts, spoke about the NCC’s efforts to protect biodiversity across Canada by securing ecologically significant lands through purchases, donations and easements. She also highlighted opportunities for employees to volunteer their time to help restore local habitats.
- Pollution Probe: Walter Dick, manager, chemicals management program, shared updates on Pollution Probe activities, including the June 13-19 Clean Air Commute, the upcoming “Primer on Toxic Substances” publication, and the business and environmental case for fleet use of electric vehicles.
- Wildlands League: Nicole Thourard, director of development for Wildlands League, the Ontario Chapter of the Canadian Parks and Wilderness Society, shared CPAWS’ vision of keeping half of Canada’s public lands wild and identified opportunities for employees to join the conversation about conservation.
- CIBC Mellon: Employees hosted two information booths focused on the company’s sustainability programs and on opportunities for employees to get involved with various corporate social responsibility activities.
The Green Fair event is just one example of how CIBC Mellon and its employees continue to deliver on our belief that operating in an increasingly sustainable manner is part of our responsibility as a corporate citizen. The company’s green successes to date also include:
- Reducing 2010 paper usage by 35 percent versus 2007 baseline levels.
- Installing greener technology, including new computer servers that consume 16 percent less power than previous systems.
- Diverting more than 85 percent of the waste generated in 2010 by CIBC Mellon’s Toronto head office away from landfill.
- Significantly expanding the number of opportunities for employees to volunteer during business hours, including by planting trees, removing invasive plant species and helping restore local green spaces.
To learn more about environmental sustainability or corporate social responsibility at CIBC Mellon, visit www.cibcmellon.com/csr
About CIBC Mellon
CIBC Mellon recently placed No.1 in Canadian sub-custody in Global Custodian magazine’s Agent Banks in Major Markets Survey. The company also placed No.1 in four categories in Global Investor / isf magazine’s 2010 Equity Lending Survey and was named the best sub-custodian in Canada for the fourth consecutive year in the 2010 Global Finance magazine’s World’s Best Sub-Custodians Survey. In addition, CIBC Mellon was ranked as Canada’s No.1 provider of global custody services in the 2010 R&M Consultants Global Custody Survey.
CIBC Mellon is 50-50 jointly owned by Canadian Imperial Bank of Commerce and BNY Mellon. 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, unitholder recordkeeping, securities lending and foreign exchange services in Canada.
About the Green Fair exhibitors
To learn more about the organizations attending CIBC Mellon’s “Green Fair,” visit them on the web:
Contact:
David Bauer, corporate affairs, CIBC Mellon – corporate_affairs@cibcmellon.com, 416-643-5142
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