Bank of Montreal 2023 SR

The report details BMO Financial Group's progress in 2023 toward its sustainability goals, focusing on a thriving economy, a sustainable future, and an inclusive society. Key highlights include surpassing its $300 billion sustainable finance mobilization target two years early and committing over US$40 billion to the BMO EMpower 2.0 Community Benefits Plan. The company also successfully integrated Bank of the West, expanding its climate and community impact reach across North America. BMO maintained carbon neutrality in its operations and achieved 100% renewable electricity procurement for the fourth consecutive year. Additionally, the bank advanced its climate strategy by acquiring Radicle, a leader in carbon advisory services.

Company: Bank of Montreal

Sector: Financials

Country: Canada

Year: 2023

Type: SR

Pages: 107

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Bank of Montreal

Bank of Montreal 2023 Sustainability Report and Public Accountability Statement

Sustainability Report And Public Accountability Statement

The report details BMO Financial Group's progress in 2023 toward its sustainability goals, focusing on a thriving economy, a sustainable future, and an inclusive society. Key highlights include surpassing its $300 billion sustainable finance mobilization target two years early and committing over US$40 billion to the BMO EMpower 2.0 Community Benefits Plan. The company also successfully integrated Bank of the West, expanding its climate and community impact reach across North America. BMO maintained carbon neutrality in its operations and achieved 100% renewable electricity procurement for the fourth consecutive year. Additionally, the bank advanced its climate strategy by acquiring Radicle, a leader in carbon advisory services.

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Document Details

Report Year

2023

Reporting Period

Nov 1, 2022 - Oct 31, 2023

Fiscal Year

2023

Published

Mar 6, 2024

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Renewable Energy

Women on Board

Women in Management

Net Zero Target

Employees