BMO Financial Group Wins “ESG Best Practices” Award
(3bL Media/Justmeans) — BMO Financial Group was named the winner of the Thomson Reuters/S-Network ESG Best Practices Award for 2017 at the annual “Summer in the City/CSR Investing Summit,” held in New York City. The award recognizes the company for “superior ESG ranking and corporate best practices.”
BMO's high ESG scores placed it above all ranked companies across all industry groups in the United States and Canada, and as the highest ranked in the financial sector worldwide. The company was chosen from a ranking of 5,000 companies.
"As a financial institution that has attained and maintained carbon neutrality across its enterprise since 2010, achieved a goal of 40 per cent representation of women in senior leader roles, and has a 30-year track record in responsible investment according to their December 2016 accounting, BMO Financial Group gives evidences of a consistent application of best practices in ESG areas," said Gregg Sgambati, Director of ESG Solutions at S-Network Global Indexes, Inc.
"We're honoured to be ranked number one among all industry groups in North America," said Simon Fish, General Counsel for BMO Financial Group, and Chair of BMO's Sustainability Council. "In 2017, BMO proudly celebrates 200 years in business. As we continue to pursue sustainable growth, we will aim to uphold our legacy of trust as a responsibly managed bank."
Previous recipients include Praxair (2016), Johnson & Johnson (2015) Intel (2014) and Unilever (2013).
Pictured above: Gregg Sgambati, S-Network Global Indexes; Conni Gibson, BMO.
Photo: S-Network Global Indexes