BMO Financial Group

Sustainability Report and Carbon Intensity Rankings

Is BMO Financial Group doing their part?

Their DitchCarbon score is 55

BMO Financial Group has a DitchCarbon Score of 55, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon they emit relative to their size and output. A higher score would suggest a lower carbon intensity and greater efforts towards reducing their environmental impact.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

BMO Financial Group operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

BMO Financial Group operates in Canada, a region with a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint.
4.17%

...this company is doing 4.17% better in emissions than the industry average.

BMO Financial Group, founded in 1817, is a prominent institution in the finance sector located in Toronto. The company specializes in banking services, dedicated to supporting clients through various stages of their financial journeys. With a robust team of over 46,000 professionals, BMO Financial Group prides itself on delivering an exceptional banking experience.

Bad news, BMO Financial Group hasn't committed to SBTi yet

BMO Financial Group has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining clear, science-based emissions reduction targets to align with global efforts to mitigate climate change.

There’s always room for improvement,

DitchCarbon recommends...

BMO Financial Group should undertake a thorough inventory of all Scope 1 emissions sources to identify and mitigate direct greenhouse gas emissions, potentially reducing their emissions by 15%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.