BMO Financial Group among first Canadian banks to sign United Nations Principles for Responsible Banking
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TORONTO, Feb. 2, 2021 /PRNewswire/ - BMO Financial Group (TSX:BMO) (NYSE:BMO) today announced it has signed the United Nations Environment Programme – Finance Initiative (UNEP-FI) Principles for Responsible Banking.
The Principles for Responsible Banking (PRB) provide a framework for a sustainable banking system. By signing, BMO is committing to align its business strategy with the UN Sustainable Development Goals (SDGs), the Paris Climate Agreement and relevant national and regional frameworks. This includes conducting an impact analysis to identify priority positive and negative impacts associated with its operations and financing activity, working collaboratively with clients and stakeholders to maximize positive and minimize negative impacts, and demonstrating transparency and accountability through public report
BMO Financial Group joins the Partnership for Carbon Accounting Financials
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Ranked most sustainable bank in North America by the Wall Street Journal, the Dow Jones Sustainability Index and Corporate Knights, BMO is committed to measuring and disclosing the GHG emissions of its portfolio
TORONTO, Jan. 29, 2021 /PRNewswire/ - BMO Financial Group (TSX: BMO) (NYSE: BMO) today announced it has joined the Partnership for Carbon Accounting Financials (PCAF).
PCAF is a global partnership of financial institutions that work together to develop and implement a harmonized approach to assess and disclose the greenhouse gas (GHG) emissions associated with their loans and investments. In November 2020, PCAF published the Global GHG Accounting and Reporting Standard for the Financial Industry. With more than 95 banks and investors from five continents, the industry-led initiative is rapidly expanding in North America, Latin America, Euro
Solar-Powered McGrory Glass Awarded Green Fabricator of the Year
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The family-owned and operated company was honored by USGlass Magazine for its ongoing commitment to the environment and sustainability.
Solar-Powered McGrory Glass Awarded Green Fabricator of the Year
“We’re honored to receive the USGlass Magazine 2020 Green Award for Glass Fabricator of the Year,” said CFO Bill Hoy. “At McGrory, proactive sustainability will always be a core value. We’re here to help, and our team is fully committed to actions that truly make a difference not just documentation PAULSBORO, NJ (PRWEB) December 22, 2020
“We’re honored to receive the USGlass Magazine 2020 Green Award for Glass Fabricator of the Year,” said CFO Bill Hoy. “At McGrory, proactive sustainability will always be a core value. We’re here to help, and our team is fully committed to actions that truly make a difference not
BMO Financial Group 2020 Sustainability Report and Public Accountability Statement Now Available Online
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TORONTO and CHICAGO, Dec. 18, 2020 /PRNewswire/ - BMO Financial Group has published its 2020 Sustainability Report. The report can be downloaded at https://our-impact.bmo.com/reports/
The 2020 Sustainability Report provides BMO s environmental, social and governance (ESG) disclosure, with a focus on issues identified by stakeholders as most affecting the bank s sustainability. The report also includes the Public Accountability Statements for Bank of Montreal and its applicable subsidiaries: Bank of Montreal Mortgage Corporation, BMO Life Assurance Company and BMO Life Insurance Company.
BMO Financial Group Recognized by CDP for Best Practice in Climate Change
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BMO ranked at Leadership Level with A- score, surpassing international financial services sector average
TORONTO, Dec. 16, 2020 /PRNewswire/ - BMO Financial Group (TSX:BMO) (NYSE:BMO) today announced it has been recognized by CDP for its strong actions and transparency in the areas of climate change governance, climate change risk management, and greenhouse gas emissions reduction. CDP, a not-for-profit charity, provides a global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts.
More than 9,600 companies globally disclosed through CDP in 2020, 14 per cent more than last year and 70 per cent more than when the Paris Agreement was signed. Companies were scored according to the comprehensiveness of their disclosure and their actions towards a net-zero emissions economy. BMO s A- score puts the bank in the Lead