CIBC has been designated of one of the world’s greenest banks, according to Bloomberg Markets magazine.

Along with 20 other banks, CIBC’s rank is based on its environmental performance as well as investments and financings in clean energy projects.

The Canadian-based global financial institution has participated in more than $6 billion worth of clean energy financing during the past three years.

CIBC also partook in financing Project Gemini—a $3.97-billion offshore wind farm in the Dutch North Sea that will deliver 600 megawatts of electricity to 1.5-million people annually.

“CIBC is committed to supporting the development of clean energy through innovative projects around the world,” says Laurie Mahon, managing director and global head of infrastructure finance for CIBC. “We thank our clients and industry partners for the opportunities to raise capital and help bring many important projects to fruition.”

The bank has also become a registered member of the Green Bond Principles (GBP)—guidelines to promote integrity in the green bond market. In this role, CIBC will provide insight on updates to the GSB and has recently become joint lead on Ontario’s $500-million global green bond.

Proceeds from first issued Canadian dollar green bond will help finance Toronto’s Eglinton Crosstown Light Rail Transit project.

A list of the world’s greenest banks will be published in the November issue of Bloomberg Markets.