Bank's Policy
Animal Farming & Food Production
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Eligible Activities & Outcomes: Activities that advance sustainable production and consumption of alternative proteins.
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Animal Testing
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Pets, Entertainment and Fashion
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Governance
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Responsible Lending:
Capturing opportunities
The overall impact of a financial institution of our size can be significant. This is an important issue for BMO, especially as we consider how we can best support the transition to a lower-carbon economy while acknowledging the ongoing importance of Canada’s energy sector and supporting our clients in that sector.
(…)
We also support investments in innovation. In 2019, BMO Capital Markets participated in C$7.9 billion in renewable energy and debt financing and provided C$4.2 billion of loan commitments to renewable entities and projects.
Comments on score: The bank's sustainable finance includes organic animal farming and the transition to alternative protein.
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Comments on score: The bank's sustainable finance includes organic animal farming and the transition to alternative protein.
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Eligible Activities & Outcomes: Food production, including:
• Fishery and aquaculture, certified with: Marine Stewardship Council, Aquaculture Stewardship Council, Global G.A.P for Aquaculture, or Best Aquaculture Practices (2 stars or more).
• Agriculture certified with: Canada Organic, USDA Organic, Round Table on Responsible Soy Association Standard.
• Activities that advance sustainable production and consumption of alternative proteins.
Comments on score: The bank's sustainable finance includes organic animal farming and the transition to alternative protein.