BankTrack is the international tracking, campaigning and support organisation focused on banks and the activities they finance.
We aim to promote fundamental changes in the banking sector so that banks adopt just and sustainable business practices.
Bank of Montreal head offices. Photo: Jorge Castro via Flickr (CC BY-NC-SA 2.0)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
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| CEO/chair |
Darryl White CEO |
| Supervisor | |
| Annual reports |
Environmental, Social and Governance Report and Public Accountability Statement 2017 Annual Report 2017 |
| Ownership |
listed on NYSE Euronext & Toronto Stock Exchange
Public Shareholders |
Bank of Montreal's Corporate Social Responsibility webpage can be found here.
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Bank of Montreal (BMO) adopted the Equator Principles in 2005.
Bank of Montreal (BMO) must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
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True leader
Front runner
Follower
Laggard
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BankTrack has assessed Bank of Montreal (BMO) on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Bank of Montreal (BMO) is assessed as a Laggard, with a total score of 3/12.
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Bank of Montreal (BMO) is reporting on the implementation here.
