- BMO ranked top bank in
North America - Reflects commitment to sustainable future and carbon neutrality
BMO, the top-ranked bank in
In
"As the world grapples with addressing climate change, banks are uniquely positioned to be catalysts for change that meets environmental, social, and economic needs," said
"Our Purpose is to Boldly Grow the Good in business and life," said
- Maintaining carbon neutrality for our operational emissions, including business travel, since 2010
- First bank in
Canada to provide a Sustainability Linked Loan - Establishing a Sustainable Bond Program
- Published the Sustainable Financing Framework that defines eligible assets across seven green and four social project categories that link to the
United Nations 2030 Agenda forSustainable Development - Participating in
US$9.4 billion in sustainable bond underwriting,$7.9 billion of renewable energy debt and equity, and providing$4.2 billion of loan commitments to renewable energy entities and projects - Only bank to have book-run all five of
World Bank's sustainable development bonds, helping to provide over$5.5 billion in financing for initiatives aligned with the UN SDGs - Donating
$67.3 million to registered charities and non-profit organizations inCanada andthe United States - Enhancing our disclosure on climate-related risks and opportunities in line with the
Taskforce on Climate-related Financial Disclosures (TCFD) - Adding new disclosure in line with the
Sustainability Accounting Standards Board (SASB) standards
In 2019, BMO's leadership on sustainability was recognized on numerous rankings, including:
- Corporate Knights 2019 Best 50 Corporate Citizens in
Canada - Ethisphere® Institute's list of the 2019 World's Most Ethical Companies®
- Dow Jones Sustainability Index,
North America (2019) for the 15th year in a row - Bloomberg Gender-Equality Index (2019) for the fourth year in a row
- Forbes 2019 Best Employers for Diversity(
United States ) and Best Employers for Women (United States )
For more information on BMO's commitment to a sustainable future, please visit the 2019 Sustainability Report.
About
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $852 billion as of October 31, 2019, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking,
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