- BMO was the only large Canadian bank named to the Best 50
TORONTO, June 26,
2024 /CNW/ - BMO has been named to Corporate Knights'
ranking of Canada's Best 50 Corporate Citizens for the
23rd consecutive year. BMO received top-quartile
scores in board gender diversity and racial diversity among
executives. It also received a top-quartile Sustainable Revenue
score, driven by its sustainable finance strategy.
The Best 50 Corporate Citizens honorees were selected from among
335 eligible companies with revenues over $1
billion. Each is evaluated on a set of up to 25 environmental,
social and governance indicators, relative to their industry peers
and using publicly available information.
"We're honoured to be ranked again among the top corporate
citizens in Canada. It is a reflection of our steadfast
commitment to build a thriving economy, sustainable future, and
inclusive society," said Sharon Haward-Laird, General Counsel,
Executive Sponsor for Sustainability, and Executive Champion of
Diversity, Equity and Inclusion at BMO.
BMO's own operations have been carbon neutral since 2010.
In 2021, BMO announced its Climate Ambition and the launch of the
BMO Climate Institute with a focus on being its clients' lead
partner in the transition to a net-zero world. BMO's sustainability
leadership has been recognized on a number of other global
rankings, including the Dow Jones Sustainability Index and
Ethisphere Institute's list of the World's Most Ethical
Companies.
For information on BMO's Purpose and commitments to a
sustainable future, visit its Sustainability
Report, Purpose, Climate and Zero Barriers to
Inclusion 2025 pages.
About BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of
$1.4 trillion as of April 30, 2024. Serving customers for 200 years
and counting, BMO is a diverse team of highly engaged employees
providing a broad range of personal and commercial banking, wealth
management, global markets and investment banking products and
services to 13 million customers across Canada, the United
States, and in select markets globally. Driven by a single
purpose, to Boldly Grow the Good in business and life, BMO
is committed to driving positive change in the world, and making
progress for a thriving economy, sustainable future, and inclusive
society.
SOURCE BMO Financial Group