Bank of Montreal 2024 SR
The report outlines BMO Financial Group's financial and sustainability performance for the 2024 fiscal year, highlighting its Purpose to Boldly Grow the Good in business and life. The company achieved a net income of $7.3 billion and significantly increased its Common Equity Tier 1 Ratio to 13.6%. Key sustainability milestones include exceeding the $12 billion commitment for affordable housing in Canada and launching the BMO for Indigenous Entrepreneurs lending program. The report also details BMO's progress toward its climate ambition of becoming a lead partner in the transition to a net-zero world by 2050. Furthermore, it emphasizes the bank's commitment to digital innovation, being recognized as one of the world's most innovative companies.
Company: Bank of Montreal
Sector: Financials
Country: Canada
Year: 2024
Type: SR
Pages: 423
Bank of Montreal
Sustainability And Climate Reporting
The report outlines BMO Financial Group's financial and sustainability performance for the 2024 fiscal year, highlighting its Purpose to Boldly Grow the Good in business and life. The company achieved a net income of $7.3 billion and significantly increased its Common Equity Tier 1 Ratio to 13.6%. Key sustainability milestones include exceeding the $12 billion commitment for affordable housing in Canada and launching the BMO for Indigenous Entrepreneurs lending program. The report also details BMO's progress toward its climate ambition of becoming a lead partner in the transition to a net-zero world by 2050. Furthermore, it emphasizes the bank's commitment to digital innovation, being recognized as one of the world's most innovative companies.
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Document Details
Report Year
2024
Reporting Period
Nov 1, 2023 - Oct 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees