Our Impact

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A baker in the One House Bakery kitchen
A baker in the One House Bakery kitchen
Boldly grow the Good in business and life

BMO’s Purpose, to Boldly Grow the Good in business and life, informs our strategy, drives our ambition, and reinforces our commitment to double the good. It’s how we are driving progress for our colleagues, customers and communities.

For a thriving economy

Providing access to capital and valuable financial advice – investing in businesses, supporting home ownership and strengthening the communities we serve, while driving innovation that makes banking easier.

70,000+

Goal surpassed to increase the number of U.S. small business cards and lending customers in the United States

$11.6 Billion

Surpassed our goal to increase the size of our Indigenous Banking business

For a sustainable future

Being our clients’ lead partner in the transition to a net-zero world, delivering on our commitments to sustainable financing and responsible investing.

$330 Billion

In capital to clients pursuing sustainable outcomes

Year 2050

Net-zero financed emissions in our lending by 2050

For an inclusive society

Committing to zero barriers to inclusion through investments, financial products and services, and partnerships that remove systemic barriers for underrepresented customers, employees and communities – and drive inclusion and equitable growth for everyone.

96.7%

Employees educated to learn from difference

ZERO barriers by 2025

Zero barriers to inclusion for our colleagues, customers and communities, for a more equitable future for all.

2023

$84 Million

in community giving

$31 Million

donated by employees through
our annual Giving Campaign

A message from our CEO

Building a sustainable future is core to our Purpose, to Boldly Grow the Good in business and life. Our Climate Ambition – to be our clients’ lead partner in the transition to a net-zero world – is a top priority. BMO’s sustainability efforts focus on promoting a thriving economy and fostering an inclusive society – founded upon the strong reputation we’ve built through ethical business practices, client service culture, and responsible risk management.

A message from our CEO

For a thriving economy

We are doubling our support for women- and minority-owned businesses to address key barriers faced by those business owners and their communities through lending, investing, giving and engagement. We continue to focus on small business lending overall as the engine of growth in communities across our footprint.

Our practice areas include:

For a sustainable future

We are committed to be our clients’ lead partner in the transition to a net zero future. We are mobilizing $300 billion in support of sustainable finance and driving solutions to sustainability challenges through our $250 million Impact Fund and the BMO Climate Institute.

Our practice areas include:

For an inclusive society

We are focused on providing access to opportunities and enabling growth for our colleagues, our customers and the communities we serve through our Zero Barriers to Inclusion 2025 strategy. We are committed to supporting equity, equality and inclusion and to building a more just society – especially for groups facing systemic barriers.

Our practice areas include:

Building a foundation of trust

Earning the trust of our stakeholders is a foundation of our business success, and it enables us to deliver on our Purpose. It starts with living up to our values of integrity, empathy, diversity and responsibility in every decision and every action.

Our practice areas include:

We take a risk-based approach to managing E&S risk and it is a part of our Enterprise-wide Risk Management Framework (ERMF). We may indirectly be exposed to financial loss or reputational harm if our customers, suppliers or clients are affected by E&S risk. Where heightened risk is identified, our enterprise and credit risk management frameworks outline enhanced due diligence, escalations and exceptions processes to allow for consideration of specific client relationships.

2023 Sustainability Report and Public Accountability Statement

BMO’s latest Sustainability report outlines key environmental, social and governance areas of interest to our stakeholders and discloses our performance in these areas.

Related Links

Stay up to date on how we are fuelling change in our communities and around the world. Our new blog features articles, interviews, and the latest news from across BMO.

 

Explore the world of corporate sustainability through discussion and interviews with corporate practitioners, investors, scholars, and the Non-Governmental Organization (NGO) community.

 

Learn more about who we are, and how we are fueling progress and expanding possibilities for individuals, families and businesses across North America.