BMO BANK NATIONAL ASSOCIATION Sustainability Profile
BMO Bank National Association, commonly referred to as BMO, is a prominent financial institution headquartered in the United States. Established in 1882, BMO has evolved into a key player in the banking industry, primarily serving customers across the Midwest and Western regions. The bank offers a comprehensive range of services, including personal and commercial banking, wealth management, and investment solutions, distinguished by its commitment to customer service and innovative financial products. With a strong market position, BMO has achieved notable milestones, such as its expansion into digital banking and sustainable finance initiatives. The bank's core offerings, including tailored lending solutions and robust investment services, cater to diverse client needs, making it a trusted partner for individuals and businesses alike. BMO continues to uphold its reputation for reliability and excellence in the competitive financial landscape.
DitchCarbon Score
How does BMO BANK NATIONAL ASSOCIATION's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
BMO BANK NATIONAL ASSOCIATION's score of 61 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BMO Bank National Association, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The organisation's emissions data is cascaded from its parent company, Bank of Montreal, at a cascade level of 2. As such, BMO Bank National Association does not report its own emissions figures, including Scope 1, 2, or 3 emissions. In terms of climate commitments, there are no documented reduction targets or initiatives specific to BMO Bank National Association. The absence of specific data and targets suggests that the bank may rely on broader corporate strategies and commitments established by its parent company, Bank of Montreal. As a current subsidiary, BMO Bank National Association's climate strategy may align with the overarching goals of its parent organisation, which is actively engaged in sustainability initiatives. However, without specific emissions data or reduction targets, it is challenging to assess the bank's individual impact or commitments in the context of climate change.
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Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 37,837,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 115,334,000 | 000,000,000 | 00,000,000 | 000,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 22,097,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is BMO BANK NATIONAL ASSOCIATION's Industry?
How Carbon Intensive is BMO BANK NATIONAL ASSOCIATION's Location?
BMO BANK NATIONAL ASSOCIATION's Scope 3 Categories Breakdown
BMO BANK NATIONAL ASSOCIATION's Scope 3 emissions, which decreased by 17% last year and increased significantly since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 97% of Scope 3 emissions.
Top Scope 3 Categories
BMO BANK NATIONAL ASSOCIATION's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
BMO BANK NATIONAL ASSOCIATION has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
