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Locked out of a Just Transition: fossil fuel financing in Africa
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Equator Compliant Climate Destruction: How banks finance fossil fuels under the Equator Principles
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Home › Bank profiles
Bank of Montreal (BMO)Canada
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Last update: 2022-01-18 12:56:14

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Bank of Montreal head offices. Photo: Jorge Castro via Flickr (CC BY-NC-SA 2.0)

About Bank of Montreal (BMO)

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified financial services provider based in North America with more than 46,000 employees. BMO provides retail 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, Wealth Management and BMO Capital Markets. Next to operations in Canada, BMO operates in the United States as Harris Bank and BMO Harris.

Website http://www.bmo.com/home
Headquarters
1 First Canadian Place
ON M5X 1H3 Toronto
Canada
CEO/chair Darryl White
CEO
Supervisor
Bank of Canada
Annual report Annual report 2021
Ownership
listed on NYSE & Toronto Stock Exchange

BMO's shareholder structure can be accessed here.

Complaints and grievances

BMO does not operate a complaints or grievances channel for individuals or communities that may be adversely affected by the bank's finance.

However individuals and communities can contact the bank via several channels including sustainability@bmo.com and corporate.responsibility@bmo.com. Individuals and communities may also submit questions to the bank’s Board of Directors at corp.secretary@bmo.com.

Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance).

Related Dodgy Deals

Bank Of Montreal (BMO) has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

All
|
Projects
|
Companies
Targets
|
Active profiles
|
On record profiles

Policy Assessments

Tracking the Equator Principles

EPFIs reporting status

BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
Bank of Montreal (BMO)
2021-08-31
CAN
2020
2
2
100
1.01000000003E+38
0
Canada
Profile
Reporting period
2020
PF deals under EP
2
Project names reported
2
% Project names reported
100
20210831
Last update: 2021-08-31
Explanation

EP reporting page: https://equator-principles.com/reporting-bank-of-montreal-2019-2020/

Explanation

Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period. 

For more details see this page.

Banks and Climate

Bank net zero commitments

BankLast update
Country
Target 2025
Target 2030
Net zero 2050
SBT
NZBA
CCCA
Details
Bank of Montreal (BMO)
2021-10-15
CAN
1101000
Canada
Profile
Target 2025
11.5
Target 2030
Net zero 2050
SBT
NZBA
CCCA
20211015
Last update: 2021-10-15
Explanation

Goal 2030: Maintaining carbon neutrality and 100% renewable electricity purchases for our operations and setting a 30% emissions reduction goal by 2030. 

Goal 2050: Net zero by 2050 (lending) and NZBA

Relevant policies
csr policies
2022-02-28 00:00:00

2021 Climate Report

2022-02-28 00:00:00
References
2021-3-10

BMO declares climate ambition

2021-3-10 | BMO
2021-10-15

Canadian fossil-heavy banks join GFANZ

2021-10-15
2021-10-15

Six of Canada's Largest Banks Join United-Nations-convened Net-Zero Banking Alliance

2021-10-15 | Bank of Montreal
Explanation

This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.

  • A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
  • An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.

Abbreviations:

CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets

For more details see this page.

Banks and Human Rights

Human Rights Benchmark November 2019

BankLast update
Country
Score
Ranking
Details
Bank of Montreal (BMO)
CAN
2
Laggard

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0
Canada
Score
Laggard
2
Explanation

Bank of Montreal (BMO)'s human rights policies, processes and reporting were assessed as part of the BankTrack Human Rights Benchmark in November 2019. The bank is assessed as a Laggard, with a total score of 2 out of 14.

Policy: 1.5/3
Due dilligence: 0/5
Reporting: 0.5/3
Remedy: 0/3

Explanation
Laggard
Follower
Front runner
Leader
0 - 3.5 points
4 - 5.5 points
6 - 8.5 points
9 - 14 points
For more details see this page.

Response Tracking

This page evaluates Bank of Montreal (BMO)'s responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
Rio Tinto's Jadar mine, Serbia (Letter, Dec 2021)
0
0
0
n/a
Dodgy Deal profile
Responded?
Total score
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank did not respond.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
n/a
Rationale for score
The impact was not raised over a year ago and therefore is not scored on monitoring progress.
More info
Letter to financiers of Rio Tinto, December 2021


Average
0%
0
0
0
0

News

| |
Type:
Year:
blog
external news
our news

Banks’ Net-Zero lending ambitions hit snags in oil-rich Canada

2022-04-11 | Bloomberg
blog
external news
our news

Canadian banks keep financing fossil fuels

2022-03-31 | The Tyee
blog
external news
our news

Investors ask banks to rethink funding fossil fuel projects, including Line 3

Banks are under pressure from investors to match corporate practices with their environment and social statements * Updated
2022-03-31 | IndianCountryToday
blog
external news
our news

New report: Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2022-03-30 | San Francisco, Bemidji, Nijmegen, Oakland, Paris, Sassenberg, Washington DC | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club, Urgewald
blog
external news
our news

Largest U.S. banks to face shareholder votes on climate change

2022-03-29 | American Banker
blog
external news
our news

Government Announces Next Steps on Trans Mountain Expansion Project

2022-02-18 | Ottowa, Ontario | Government of Canada, Government of Canada
blog
external news
our news

Wet’suwet’en hereditary chief takes fight against Coastal GasLink all the way to the banks

2021-12-20 | National Observer
blog
external news
our news

Domtar deal, deforestation and abuses: Whose side are banks on?

2021-11-25 | Luisa Colasimone - Environmental Paper Network
blog
external news
our news

Equator Banks involved in financing at least 200 fossil fuel projects since Paris

BankTrack research sheds new light on finance for fossil fuels by Equator banks
2021-10-26 | BankTrack
blog
external news
our news

Wet'suwet'en chiefs demand investors and financiers of Coastal Gaslink to divest from this and all future pipeline projects

Indigenous-led campaign, endorsed by 100+ groups, urges global investors and banks to divest from and stop financing Coastal GasLink and LNG Canada
2021-10-19 | Unceded xʷməθkʷəy̓ əm, Sḵwx̱wú7mesh and səlilwətaɬ territories (Vancouver, Canada) | Gidimt
blog
external news
our news

Canadian fossil-heavy banks join GFANZ

The news last Friday that Canada’s biggest banks have finally joined Mark Carney’s “Net Zero” Banking Alliance was met with a giant ho-hum by climate campaigners.
2021-10-15 | RBC Revealed
blog
external news
our news

‘Wreckers of the Earth’: 300 London-based companies destroying the planet

2021-10-14 | Corporate Watch
blog
external news
our news

As extreme weather rages, RBC extends "sustainability" loan to Enbridge, actively expanding gas and tar sands pipelines

Consortium of banks finance pipeline builder in the lead up to COP 26 climate summit
2021-09-24 | Toronto, Canada | Giniw Collective, Stand.earth
blog
external news
our news

Fossil Banks No Thanks demands banks commit to end fossil fuel finance before Glasgow Climate Summit

210+ groups support urgent call to action
2021-09-23 | BankTrack
blog
external news
our news

Indonesian paper giant APP takes over North American Domtar, putting the company’s credibility at risk

2021-07-30 | Sergio Baffoni – Environmental Paper Network
blog
external news
our news

BMO to Chair Global Cross-Sector Biodiversity Initiative

2021-04-28 | Yahoo Finance
blog
external news
our news

Banking on Climate Chaos 2021: World’s 60 largest banks have poured USD 3.8 trillion into fossil fuels since Paris Agreement

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016
2021-03-24 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
blog
external news
our news

BMO targets net zero emissions in lending by 2050, cautions against 'abrupt' change

2021-03-10 | Yahoo Finance
blog
external news
our news

Enbridge’s “sustainable” credit: tar sands and rights violations

2021-03-10 | Reclaim Finance
blog
external news
our news

What are banks getting wrong on human rights? [$]

Banks' processes for implementing human rights considerations into their lending activities are far from perfect, reports Christopher Marchant
2021-02-17 | Environmental Finance
blog
external news
our news

Scotiabank becomes fifth major Canadian bank to refuse to fund oil drilling in Arctic refuge

2020-12-14 | The Star
blog
external news
our news

The Big Banks’ Green Bafflegab

Look behind their pro-climate ads and do what they do. Follow the money.
2020-11-25 | The Tyee
blog
external news
our news

Equator Banks fail communities on consultation and grievance mechanisms, new study finds

BankTrack research into nine projects financed ‘under Equator’ finds routine failures to conduct proper community consultation and a lack of effective project-level grievance mechanisms
2020-11-24 | Nijmegen | BankTrack
blog
external news
our news

Barclays, HSBC and Credit Suisse among worst offenders on oil sands finance

ShareAction says Barclays has participated in 11 loan and bond deals to oil sands companies since its net zero announcement in March
2020-10-29 | London | ShareAction
blog
external news
our news

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
blog
external news
our news

Equator Principles: New BankTrack database sheds light on patchy project name reporting

BankTrack publishes database of Equator-financed projects, together with analysis showing some banks report few or no project names – notable poor performers include ING, HSBC and Lloyds
2020-06-29 | BankTrack
blog
external news
our news

Major blow to Keystone XL pipeline as judge revokes key permit

Campaigners welcomed Wednesday’s ruling as a victory for tribal rights and environmental protection
2020-04-16 | The Guardian
blog
external news
our news

Reckless Keystone XL decision by TC Energy endorsed by JPMorgan Chase, Citi and Canadian peers

Big banks lead multi-billion dollar bond issuances days after company pushes pipeline forward amid global pandemic
2020-04-03 | San Francisco | 350 Seattle, Amazon Watch, Indigenous Environmental Network, Rainforest Action Network
blog
external news
our news

Banking on Climate Change – Fossil Fuel Finance Report Card 2020

New report reveals global banks funneled USD 2.7 trillion into fossil fuels Since Paris Climate Agreement, with financing on the rise each year 
2020-03-18 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
blog
external news
our news

'Land and indigenous rights defenders' continue occupation of BMO in Nelson

2020-02-14 | The Nelson Daily
blog
external news
our news

Canadian banks going green still boost loans to the oil industry

2020-02-12 | Bloomberg
blog
external news
our news

4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Lloyds, Bank of America, Goldman Sachs and Société Générale among the poorest performers in BankTrack ranking, alongside Canadian and Chinese banks
2019-11-26 | BankTrack
blog
external news
our news

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack
blog
external news
our news

Global Banks, Led by JPMorgan Chase, Invested $1.9 Trillion in Fossil Fuels Since Paris Climate Pact

2019-03-20 | Desmogblog.com
blog
external news
our news

Banking on Climate Change – Fossil Fuel Finance Report Card 2019

World's top banks have poured $1.9 trillion into fossil fuel financing since the Paris Agreement was adopted, with financing on the rise each year
2019-03-20 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
blog
external news
our news

Who’s banking the Coastal GasLink pipeline?

These banks are funding a threat to Wet'suwet'en land and abuse of Indigenous rights
2019-01-24 | San Francisco, USA | Elana Sulakshana - Rainforest Action Network
blog
external news
our news

Banks massively financing fossil fuels unclear about future of ... fossil fuels

Few banks acknowledge relation between fossil fuels and climate breakdown
2018-12-20 | Nijmegen
blog
external news
our news

HSBC's shift on energy lending has Suncor throwing its toys out of the pram

But new policy is no isolated move - finance for tar sands will dry up, just as it is doing for coal.
2018-08-09 | Ryan Brightwell – BankTrack
blog
external news
our news

Report finds major banks ramped up fossil fuel financing to $115 billion in 2017

Despite 2017 being the costliest year on record for weather disasters, new report reveals that banks increased extreme fossil fuel financing last year, led by a more than doubling in lending to tar sands companies and pipelines.
2018-03-28 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
blog
external news
our news

Big banks complicit in massive tar sands destruction and pollution through hundreds of billions in financing

2017-11-02 | Rainforest Action Network
blog
external news
our news

Indigenous Groups Lead Movement to Call on Banks to Drop Enbridge’s Controversial Line 3 Pipeline

Tribal Nations based in Minnesota oppose the project and the Minnesota Department of Commerce has condemned it
2017-09-21 | Minneapolis, MN | Honor the Earth, Rainforest Action Network
blog
external news
our news

28 major banks warned not to finance Trans Mountain pipeline expansion

Over 20 Indigenous and environmental groups deliver urgent letter.
2017-06-09 | BankTrack, Rainforest Action Network, others
blog
external news
our news

Who's bankrolling TransCanada?

Banking on TransCanada means banking on Keystone XL
2017-03-24 | Alison Kirsch - Rainforest Action Network
blog
external news
our news

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
blog
external news
our news

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
blog
external news
our news

Time to Improve the Equator Principles, BankTrack Says

2011-10-24 | Washington | Social Funds
blog
external news
our news

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
blog
external news
our news

Financiers search for sustainable future

2011-10-20 | Washington | Environmental Finance
blog
external news
our news

Foes of Northern Gateway Pipeline target potential financial backers

2011-03-29 | The Globe and Mail
blog
external news
our news

No Consent? No Pipeline!

2011-03-25 | Vancouver Media Co-op
blog
external news
our news

Bank of Montreal Confronted on Indigenous Rights

2011-03-23 | RAN blog
blog
external news
our news

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
blog
external news
our news

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack
blog
external news
our news

Rainforest Action Network study ranks financed emissions of Canadian banks

Website lets customers compare carbon footprint of personal accounts
2008-11-19 | San fransisco | Rainforest Action Network
blog
external news
our news

Activists to banks: behave better in the Boreal

Market activists invite bank executives to develop new best practices
2005-09-07 | San Fransisco | Rainforest Action Network

Documents

Type:
Year:
our publications
2022-03-30 00:00:00

Banking on Climate Chaos 2022

Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021
2022-03-30 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, urgewald
other documents
2022-03-30 00:00:00

Investor Statement on Line 3, Oil Sands Projects, and FPIC

2022-03-30 00:00:00 | Investors & Indigenous Peoples Working Group
annual reports
2022-03-29 00:00:00

Annual report 2021

2022-03-29 00:00:00 | Bank of Montreal
csr policies
2022-02-28 00:00:00

2021 Climate Report

2022-02-28 00:00:00 | Bank of Montreal
correspondence
2021-12-12 00:00:00

Letter from BankTrack to Bank of Montreal on lithium mining in Serbia’s Jadar Valley

2021-12-12 00:00:00 | BankTrack
bank documents
2021-10-15 00:00:00

Bank of Montreal joins NZBA

2021-10-15 00:00:00
other documents
2021-06-24 00:00:00

Guidance on Biodiversity Target Setting for PRB signatories

2021-06-24 00:00:00 | UNEPFI
our publications
2021-03-24 00:00:00

Banking on Climate Chaos 2021

Fossil Fuel Finance Report
2021-03-24 00:00:00 | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance & Sierra Club
csr policies
2021-03-11 00:00:00

Statement on coal lending

2021-03-11 00:00:00 | Bank of Montreal
bank documents
2021-03-10 00:00:00

BMO declares climate ambition

BMO announces Net Zero ambition
2021-03-10 00:00:00 | BMO
bank documents
2021-01-04 00:00:00

Climate Report

2021-01-04 00:00:00 | Bank of Montreal
annual reports
2020-12-21 00:00:00

Sustainability Report 2020

2020-12-21 00:00:00 | Bank of Montreal
csr policies
2020-12-14 00:00:00

Environmental Policy

2020-12-14 00:00:00 | Bank of Montreal
annual reports
2020-12-01 00:00:00

Annual Report 2020

2020-12-01 00:00:00 | Bank of Montreal
our publications
2020-11-24 00:00:00

"Trust Us, We're Equator Banks": Part II

2020-11-24 00:00:00 | BankTrack
ngo documents
2020-09-24 00:00:00

Fracking Fiasco: The banks that fueled the U.S. shale bust

2020-09-24 00:00:00 | Rainforest Action Network
csr policies
2020-07-24 00:00:00

Statement on Human Rights

2020-07-24 00:00:00 | Bank of Montreal
our publications
2020-03-18 00:00:00

Banking on Climate Change - Fossil Fuel Finance Report 2020

2020-03-18 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club
annual reports
2020-03-09 00:00:00

CSR report 2019

2020-03-09 00:00:00 | Bank of Montreal
annual reports
2020-03-09 00:00:00

Annual report 2019

2020-03-09 00:00:00 | Bank of Montreal
bank documents
2020-03-09 00:00:00

Climate report 2019

2020-03-09 00:00:00 | Bank of Montreal
bank documents
2020-03-09 00:00:00

Equator Principles report 2019

2020-03-09 00:00:00 | Bank of Montreal
csr policies
2020-03-09 00:00:00

Responsible lending policies

[Date listed represents date as accessed on website]
2020-03-09 00:00:00 | BMO
correspondence
2019-12-10 00:00:00

Letter from BankTrack to Bank of Montreal on the bank's progress on its fossil fuel finance since COP24

2019-12-10 00:00:00 | BankTrack
csr policies
2019-10-02 00:00:00

Supplier Code of Conduct

2019-10-02 00:00:00 | Bank of Montreal (BMO)
annual reports
2019-03-11 00:00:00

Annual report 2018

2019-03-11 00:00:00 | BMO
annual reports
2019-03-11 00:00:00

CSR report 2018

2019-03-11 00:00:00 | BMO
csr policies
2019-01-31 00:00:00

Anti-money laundering and anti-terrorist financing policies

2019-01-31 00:00:00 | BMO
csr policies
2018-12-31 00:00:00

Statement on climate change

2018-12-31 00:00:00 | BMO
csr policies
2018-12-03 00:00:00

Modern slavery and human trafficking statement

2018-12-03 00:00:00 | BMO
correspondence
2018-10-16 00:00:00

Letter from BankTrack and 120 organisations to Bank of Montreal on Demands FBNT campaign

2018-10-16 00:00:00 | BankTrack and 120 organisations
csr policies
2018-02-13 00:00:00

Code of conduct

2018-02-13 00:00:00 | BMO
annual reports
2017-12-31 00:00:00

Environmental, Social and Governance Report and Public Accountability Statement 2017

2017-12-31 00:00:00 | Bank of Montreal
annual reports
2017-12-07 00:00:00

Annual Report 2017

2017-12-07 00:00:00 | Bank of Montreal
annual reports
2017-10-31 00:00:00

CSR report 2016

2017-10-31 00:00:00 | BMO
correspondence
2017-06-06 00:00:00

Letter from RAN and 13 others to 14 banks that underwrote Kinder Morgan Canada IPO on warning to finance the IPO

2017-06-06 00:00:00 | Rainforest Action Network et al
annual reports
2017-05-22 00:00:00

Annual Report 2016

2017-05-22 00:00:00 | BMO
annual reports
2017-04-06 00:00:00

2016 Environmental, Social and Governance Report and Public Accountability Statement

2017-04-06 00:00:00
our publications
2016-06-30 00:00:00

Banking with Principles? Second Edition June 2016

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights
2016-06-30 00:00:00 | BankTrack
csr policies
2016-04-01 00:00:00

Statement on anti-corruption and anti-bribery

2016-04-01 00:00:00 | BMO
csr policies
2016-03-31 00:00:00

Statement on freedom of association and collective bargaining

2016-03-31 00:00:00 | BMO
annual reports
2016-02-01 00:00:00

Annual Report 2015

2016-02-01 00:00:00 | BMO
annual reports
2016-01-27 00:00:00

2015 Environmental, Social and Governance Report and Public Accountability Statement

2016-01-27 00:00:00 | BMO
annual reports
2015-06-26 00:00:00

2015 Corporate Responsibility Report

2015-06-26 00:00:00 | BMO
annual reports
2015-04-09 00:00:00

2014 Corporate Social Responsibility Report

2015-04-09 00:00:00 | BMO
annual reports
2015-04-09 00:00:00

2014 Annual Report

2015-04-09 00:00:00 | BMO
annual reports
2014-01-01 00:00:00

Annual Report 2013

2014-01-01 00:00:00
annual reports
2014-01-01 00:00:00

Environmental, Social and Governance Report 2013

2014-01-01 00:00:00
annual reports
2014-01-01 00:00:00

Corporate Responsibility Report 2013

2014-01-01 00:00:00
our publications
2013-03-07 00:00:00

Coal Risk Update March 2013

Arch Coal, Blair Mountain, and Bank Human Rights Commitments
2013-03-07 00:00:00 | Rainforest Action Network, BankTrack
annual reports
2011-04-05 00:00:00

Annual Report 2010

2011-04-05 00:00:00 | BMO Financial Group
annual reports
2011-04-05 00:00:00

CSR Report 2010

2011-04-05 00:00:00 | BMO Financial Group
correspondence
2010-12-18 00:00:00

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

2010-12-18 00:00:00 | Banktrack
other documents
2010-04-01 00:00:00

BMO Financial Group cluster munitions investments

2010-04-01 00:00:00 | Netwerk Vlaanderen, IKV PAX Christi
ngo documents
2008-11-19 00:00:00

Financing Global Warming: Canadian Banks and Fossil Fuels

2008-11-19 00:00:00 | RAN

Links

BMO corporate responsibility pages

http://www2.bmo.com/content/0,1263,divId-7_langId-1_navCode-3561,00.html

BMO Environmental performance page

https://www.bmo.com/home/about/banking/corporate-responsibility/environment/environmental-performance#cdp

Policies

Voluntary standards

Bank of Montreal (BMO) has committed itself to the following voluntary standards:
  • Carbon Disclosure Project
  • Dow Jones Sustainability Indices
  • Equator Principles
  • Global Reporting Initiative
  • ISO 14001
  • Net-Zero Banking Alliance (NZBA)
  • Partnership for Carbon Accounting Financials (PCAF)
  • Principles for Responsible Banking (PRB)
  • Task Force on Climate-related Financial Disclosures
  • UN Guiding Principles on Business and Human Rights
  • UNEP Finance Initiative

Investment policies

Bank of Montreal's corporate social responsibility webpage can be accessed here.

Year:
csr policies
2022-02-28 00:00:00

2021 Climate Report

2022-02-28 00:00:00 | Bank of Montreal
csr policies
2021-03-11 00:00:00

Statement on coal lending

2021-03-11 00:00:00 | Bank of Montreal
csr policies
2020-12-14 00:00:00

Environmental Policy

2020-12-14 00:00:00 | Bank of Montreal
csr policies
2020-07-24 00:00:00

Statement on Human Rights

2020-07-24 00:00:00 | Bank of Montreal
csr policies
2020-03-09 00:00:00

Responsible lending policies

[Date listed represents date as accessed on website]
2020-03-09 00:00:00 | BMO
csr policies
2019-10-02 00:00:00

Supplier Code of Conduct

2019-10-02 00:00:00 | Bank of Montreal (BMO)
csr policies
2019-01-31 00:00:00

Anti-money laundering and anti-terrorist financing policies

2019-01-31 00:00:00 | BMO
csr policies
2018-12-31 00:00:00

Statement on climate change

2018-12-31 00:00:00 | BMO
csr policies
2018-12-03 00:00:00

Modern slavery and human trafficking statement

2018-12-03 00:00:00 | BMO
csr policies
2018-02-13 00:00:00

Code of conduct

2018-02-13 00:00:00 | BMO
csr policies
2016-04-01 00:00:00

Statement on anti-corruption and anti-bribery

2016-04-01 00:00:00 | BMO
csr policies
2016-03-31 00:00:00

Statement on freedom of association and collective bargaining

2016-03-31 00:00:00 | BMO

Equator Principles

Implementation and reporting

Bank of Montreal (BMO) is reporting on the implementation here.

Contact and complaints

Equator Principles Dodgy Deals

Projects

active

Coastal GasLink pipeline Canada

Pipeline Transportation of Natural Gas

Good moves

Year:
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