Response by Bank of Montreal
...BMO’s activities are guided by our strategic priorities and sustainability principles of social change, financial resilience, community-building and environmental responsibility. This includes reducing our environmental footprint while considering the impacts of our business activities as we work with stakeholders who share our commitment to sustainability... Our approach to responsible lending is set out in our Environmental, Social and Governance Report (ESG Report)... This is an important issue for BMO, especially as we consider how we can best support the transition to a lower-carbon economy in partnership with our clients... This sustainable finance activity is an important way that BMO positively contributes to the global transition to a lower carbon economy. We are also signatories to the Equator Principles agreement, which is the world’s leading framework for environmental and social risk management for projects within its scope...BMO is committed to operating in a manner that balances our commitments to all stakeholders as we pursue our business strategy and strive to fulfill our broader social responsibilities. We take this commitment seriously and will continue to do so.