BMO Named One of Canada's Best 50 Corporate Citizens by Corporate Knights
BMO recognized for corporate sustainability performance
TORONTO, ONTARIO -- (Marketwired) -- 06/06/14 -- For the thirteenth
consecutive year - every year since the list's inception - BMO
Financial Group has been named one of Canada's Best 50 Corporate
Citizens by Corporate Knights. The announcement was made during the
annual Corporate Knights Gala on Wednesday in Toronto.
"It's gratifying for all of us at BMO to be included in this select
group of companies," said Simon Fish, General Counsel and Chair of
BMO's Sustainability Council. "Being recognized for our
sustainability performance on environmental, social and governance
(ESG) issues means that we're focusing on the issues that really
matter most to our customers, employees and other key stakeholders."
The methodology for the Best 50 Corporate Citizens is based on 12 key
performance indicators covering resource, employee, and financial
management. Companies are scored only against their industry peers
and then amalgamated to make up the Best 50 list that covers many
different sectors. The ranking is based on publicly disclosed data.
BMO and Sustainability
BMO has earned a position on several key sustainability indices such
as the Dow Jones Sustainability North America Index, the Jantzi
Social Index and the FTSE4Good Series Index. BMO is also included on
the Global 100 list of most sustainable corporations in the world,
Maclean's/Jantzi-Sustainalytics list of the Top 50 Socially
Responsible Corporations in Canada and CDP's Canada 200 Climate
Disclosure Leadership Index.
BMO's Environmental, Social and Governance Report and Public
Accountability Statement (ESG Report/PAS) outlines how we manage the
ESG items that matter most to our business, including a Scorecard
which provides supporting year over year metrics. The ESG Report/PAS
is available at: www.bmo.com/esg-pas-report.
-- BMO's board diversity policy ensures that women represent at least a
third of the bank's independent board of directors.
-- BMO has maintained its carbon neutral status since 2010.
-- BMO Capital Markets was involved in raising approximately $1.8 billion
of equity and debt in the capital markets for entities active in
renewable energy across North America
For more than 195 years, BMO Financial Group has believed in community
reinvestment and corporate and social responsibility in the
communities it serves. In 2013, BMO Financial Group allocated $56
Million (CDN) to registered charities, not-for-profit and
community-based organizations and institutions in Canada and the
United States. For more information, see BMO's Corporate
Responsibility Report available on our website at:
Peter Scott, Toronto
Ronald Monet, Montreal
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