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2020 was a year none of us could have expected, as the COVID-19 pandemic has changed much about the way we live and work. Yet our commitment to responsible investment at BMO remained as clear as ever. We continued to allocate our capital responsibly and engage companies on environmental, social and governance (ESG), reflecting our corporate purpose of boldly growing the good in business and in life.
Over the past year, we engaged 760 companies across 50 countries on a wide range of ESG issues. We recorded 1,541 total engagements, which resulted in 343 instances of positive change, which we refer to as milestones.
- 31% of our engagement linked to environmental issues – accounting for 28% of our milestones
- 43% of our engagement linked to social issues – accounting for 17% of our milestones
- 26% of our engagement linked to governance issues – accounting for 55% of our milestones
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