
BMO investing in a sustainable future with $1M donation to the Institute for Sustainable Finance
-
bookmark
-
print
BMO believes the advancement of sustainable finance is critical to our Purpose-driven commitment to support a sustainable future, and so as a leader in the field, BMO will donate $1 million to the Institute for Sustainable Finance based at the Smith School of Business at Queen’s University in Canada. The funding will be complemented by similar gifts from several other financial institutions in Canada, reflecting the banking industry’s recognition of the Institute’s important mission to align mainstream financial markets with Canada’s transition to a lower carbon economy.
The Institute is a first of its kind: a collaborative hub that fosters interconnectivity between the academic, private and public sectors with a singular focus on increasing Canada’s sustainable finance capacity. BMO’s funding will support the Institute’s efforts in education, professional training, research and collaboration, and advance Canada’s leadership in sustainable finance. By contributing to the development of a national network of researchers designing strategies for the transition to a low carbon economy, while creating awareness of and catalyzing the development of thought leadership, the Institute will support the advancement of market-based solutions for existing companies and for the companies that will be created in the future through that transition.
“At BMO, sustainability is a major pillar of our Purpose as an organization. We believe in partnering with clients and communities to invest in local economies in order to achieve social and inclusive growth, while also recognizing the need to continue to transition to a low carbon economy,” said Dan Barclay, CEO & Group Head of BMO Capital Markets. “As a global leader in sustainability, we know that sustainable finance has never been more important, which is why we’ve committed to supporting the Institute for Sustainable Finance at Queen’s.”
BMO’s focus on driving thought leadership will also be front and centre later this month as we sponsor Bloomberg Sustainable Finance Week. BMO is proud to be the exclusive Canadian sponsor for a second year. As an organization, our commitment to a sustainable future includes a Bold Commitment to mobilize $400 billion in sustainable finance by 2025. Our goal includes lending, underwriting and investing $150 billion in companies pursuing sustainable outcomes, and aligning $250 billion in client investments to sustainable objectives. Learn more at sustainabilityleaders.bmo.com.
BMO investing in a sustainable future with $1M donation to the Institute for Sustainable Finance
Chief Executive Officer & Group Head, BMO Capital Markets
Dan Barclay is CEO & Group Head of BMO Capital Markets, where he is responsible for all of BMO Financial Group’s interactions with corporate, government...
Dan Barclay is CEO & Group Head of BMO Capital Markets, where he is responsible for all of BMO Financial Group’s interactions with corporate, government...
VIEW FULL PROFILE
BMO believes the advancement of sustainable finance is critical to our Purpose-driven commitment to support a sustainable future, and so as a leader in the field, BMO will donate $1 million to the Institute for Sustainable Finance based at the Smith School of Business at Queen’s University in Canada. The funding will be complemented by similar gifts from several other financial institutions in Canada, reflecting the banking industry’s recognition of the Institute’s important mission to align mainstream financial markets with Canada’s transition to a lower carbon economy.
The Institute is a first of its kind: a collaborative hub that fosters interconnectivity between the academic, private and public sectors with a singular focus on increasing Canada’s sustainable finance capacity. BMO’s funding will support the Institute’s efforts in education, professional training, research and collaboration, and advance Canada’s leadership in sustainable finance. By contributing to the development of a national network of researchers designing strategies for the transition to a low carbon economy, while creating awareness of and catalyzing the development of thought leadership, the Institute will support the advancement of market-based solutions for existing companies and for the companies that will be created in the future through that transition.
“At BMO, sustainability is a major pillar of our Purpose as an organization. We believe in partnering with clients and communities to invest in local economies in order to achieve social and inclusive growth, while also recognizing the need to continue to transition to a low carbon economy,” said Dan Barclay, CEO & Group Head of BMO Capital Markets. “As a global leader in sustainability, we know that sustainable finance has never been more important, which is why we’ve committed to supporting the Institute for Sustainable Finance at Queen’s.”
BMO’s focus on driving thought leadership will also be front and centre later this month as we sponsor Bloomberg Sustainable Finance Week. BMO is proud to be the exclusive Canadian sponsor for a second year. As an organization, our commitment to a sustainable future includes a Bold Commitment to mobilize $400 billion in sustainable finance by 2025. Our goal includes lending, underwriting and investing $150 billion in companies pursuing sustainable outcomes, and aligning $250 billion in client investments to sustainable objectives. Learn more at sustainabilityleaders.bmo.com.
You might also be interested in

Episode 29: What 20 Years of ESG Engagement Can Teach Us About the Future
BMO Financial Group 2020 Sustainability Report and Public Accountability Statement Now Available Online

Episode 28: Bloomberg: Enhancing ESG Disclosure through Data-Driven Solutions
BMO Ranked Among Most Sustainable Companies on Dow Jones Sustainability Index - North America
BMO Financial Group Reaches Key Milestone in Matching 100 Per Cent of Electricity Usage with Renewables
BMO Financial Group Recognized as One of the World's Most Sustainably Managed Companies in New Wall Street Journal Ranking

Episode 23: TC Transcontinental – A Market Leader in Sustainable Packaging
BMO Financial Group to Source 100 Per Cent of Electricity Usage From Renewables

Episode 07: World Bank: Mobilizing Capital Markets for Sustainable Finance

Episode 06: Responsible Investing – Industry Trends and Best Practices from Canada