BMO Financial Group Recognized as One of the World's Most Sustainably Managed Companies in New Wall Street Journal Ranking
-
bookmark
-
print
BMO Financial Group has been named in the top 15 of the Wall Street Journal's first ever ranking of the 100 most sustainably managed companies in the world. BMO is the only bank in the top 50 and the only Canadian bank to be listed in the rankings.
Taking a broad view of sustainability (including human capital, social capital, the environment, business model and innovation), the Wall Street Journal ranking assessed each company's leadership and governance practices for their ability to create long term value for shareholders.
BMO scored highly in the area of management of Social Capital, ranking third overall. According to the Wall Street Journal, performance in the area of Social Capital means a company has a high degree of achievement in how it measures and monitors the social impact of its business activities related to customer welfare, human rights and community relations, product access, affordability, quality and safety, as well as data security and customer privacy. The definition is based on SASB guidelines, a framework that aligns sustainability disclosure with financial relevance. BMO released a SASB aligned disclosure in 2019, one of the first banks to do so and the most comprehensive SASB disclosure amongst Canadian banks.
"We are incredibly proud to be so highly ranked among the top 100 of the most sustainably managed companies in the world," said Simon Fish, General Counsel and Chair of the Sustainability Council, BMO Financial Group. "This recognition reinforces BMO's purpose-driven bold commitment to support progress toward a sustainable future, a thriving economy and a more inclusive society with zero barriers."
To create the rankings, the Wall Street Journal examined more than 5,500 publicly traded businesses across a range of sustainability metrics. BMO was recognized among the best in class for management of financially material issues across the key sustainability categories with a high degree of transparency and disclosure, driving long term value.
BMO has been recognized among its international peers by a number of organizations in 2020, including as one of the global 100 most sustainable corporations in the world by Corporate Knights, and as one of the world's most ethical companies by Ethisphere Institute. BMO has been ranked on the Dow Jones Sustainability Index for 15 years.
BMO Financial Group has been named in the top 15 of the Wall Street Journal's first ever ranking of the 100 most sustainably managed companies in the world. BMO is the only bank in the top 50 and the only Canadian bank to be listed in the rankings.
Taking a broad view of sustainability (including human capital, social capital, the environment, business model and innovation), the Wall Street Journal ranking assessed each company's leadership and governance practices for their ability to create long term value for shareholders.
BMO scored highly in the area of management of Social Capital, ranking third overall. According to the Wall Street Journal, performance in the area of Social Capital means a company has a high degree of achievement in how it measures and monitors the social impact of its business activities related to customer welfare, human rights and community relations, product access, affordability, quality and safety, as well as data security and customer privacy. The definition is based on SASB guidelines, a framework that aligns sustainability disclosure with financial relevance. BMO released a SASB aligned disclosure in 2019, one of the first banks to do so and the most comprehensive SASB disclosure amongst Canadian banks.
"We are incredibly proud to be so highly ranked among the top 100 of the most sustainably managed companies in the world," said Simon Fish, General Counsel and Chair of the Sustainability Council, BMO Financial Group. "This recognition reinforces BMO's purpose-driven bold commitment to support progress toward a sustainable future, a thriving economy and a more inclusive society with zero barriers."
To create the rankings, the Wall Street Journal examined more than 5,500 publicly traded businesses across a range of sustainability metrics. BMO was recognized among the best in class for management of financially material issues across the key sustainability categories with a high degree of transparency and disclosure, driving long term value.
BMO has been recognized among its international peers by a number of organizations in 2020, including as one of the global 100 most sustainable corporations in the world by Corporate Knights, and as one of the world's most ethical companies by Ethisphere Institute. BMO has been ranked on the Dow Jones Sustainability Index for 15 years.
What to Read Next.
A Message From Dave Casper About BMO Investor Day
David Casper | October 01, 2020 | Business Strategy
This week, my management team had the opportunity to give an audience of analysts and investors an in-depth view of the disciplined, strategic approa…
Continue Reading>Related Insights
Tell us three simple things to
customize your experience
Commercial
Commercial
-
Who We Are
-
Industry Expertise
- Engineering & Construction
- Engineering & Construction
- Agriculture
- Agriculture
- Trucking
- Trucking
- Public Sector
- Public Sector
- Commercial Real Estate
- Commercial Real Estate
- Dealer Finance
- Dealer Finance
- Professional Services
- Professional Services
- Media
- Oil & Gas Services
- Retail & Wholesale Distribution
- Technology & Innovation
- Manufacturing
- Manufacturing
- Media
- Oil & Gas Services
- Retail & Wholesale Distribution
- Technology & Innovation
- Private Equity Sponsors
- Private Equity Sponsors
- Healthcare
- Healthcare
- Franchise Finance
- Franchise Finance
- Business Properties
- Business Properties
- Cannabis & Emerging Industries
- Cannabis & Emerging Industries
-
We Can Help
- Business Strategy
- Business Strategy
- Equipment Financing & Leasing
- Equipment Financing & Leasing
- Manage Cash Flow
- Manage Cash Flow
- Economic Insights
- Economic Insights
- Doing Business in the U.S.
- Doing Business in the U.S.
- Doing Business Internationally
- Doing Business Internationally
- Asset Based Lending
- Asset Based Lending
- Loan Syndication & Agency Services
- Loan Syndication & Agency Services
- Finance Growth
- Finance Growth
- Manage Risk
- Manage Risk
- Mergers & Acquisitions
- Mergers & Acquisitions
- BMO Capital Partners
- BMO Capital Partners
- Wealth Management
- Wealth Management
- Climate Smart
- Climate Smart
-
Our Bankers
Banking products are subject to approval and are provided in Canada by Bank of Montreal, a CDIC Member.
BMO Commercial Bank is a trade name used in Canada by Bank of Montreal, a CDIC member.
Please note important disclosures for content produced by BMO Capital Markets. BMO Capital Markets Regulatory | BMOCMC Fixed Income Commentary Disclosure | BMOCMC FICC Macro Strategy Commentary Disclosure | Research Disclosure Statements
BMO Capital Markets is a trade name used by BMO Financial Group for the wholesale banking businesses of Bank of Montreal, BMO Bank N.A. (member FDIC), Bank of Montreal Europe p.l.c, and Bank of Montreal (China) Co. Ltd, the institutional broker dealer business of BMO Capital Markets Corp. (Member FINRA and SIPC) and the agency broker dealer business of Clearpool Execution Services, LLC (Member FINRA and SIPC) in the U.S., and the institutional broker dealer businesses of BMO Nesbitt Burns Inc. (Member Investment Industry Regulatory Organization of Canada and Member Canadian Investor Protection Fund) in Canada and Asia, Bank of Montreal Europe p.l.c. (authorised and regulated by the Central Bank of Ireland) in Europe and BMO Capital Markets Limited (authorised and regulated by the Financial Conduct Authority) in the UK and Australia.
The material contained in articles posted on this website is intended as a general market commentary. The opinions, estimates and projections, if any, contained in these articles are those of the authors and may differ from those of other BMO Commercial Bank employees and affiliates. BMO Commercial Bank endeavors to ensure that the contents have been compiled or derived from sources that it believes to be reliable and which it believes contain information and opinions which are accurate and complete. However, the authors and BMO Commercial Bank take no responsibility for any errors or omissions and do not guarantee their accuracy or completeness. These articles are for informational purposes only.
Bank of Montreal and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
Third party web sites may have privacy and security policies different from BMO. Links to other web sites do not imply the endorsement or approval of such web sites. Please review the privacy and security policies of web sites reached through links from BMO web sites.
Please note important disclosures for content produced by BMO Capital Markets. BMO Capital Markets Regulatory | BMOCMC Fixed Income Commentary Disclosure | BMOCMC FICC Macro Strategy Commentary Disclosure | Research Disclosure Statements