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Select an assessment year:

  • Overall approach
    0/10
    • Overarching commitment on deforestation
      0/6
    • Deforestation as a business risk
      0/2
    • Target to reduce emissions in scope 1/2
    • Company must have anti-corruption policy
      0/2
  • Commodity score
    23/90
    • Beef & Leather
      19/90
      • Commitment Strength
        6/31
        • Commodity-specific deforestation financing policy
          3.5/9.6
          • Commitment details
            Sustainability commitment
            2/8
            Commitment details
            Sustainability commitment
            2/8
            "Below are some of the sector-specific engagement expectations we have developed for sectors we are currently prioritising in our climate engagement programme. [...] Food producers and traders, consumer goods: Deforestation policy for key commodities such as palm oil, soy, timber, and dairy/cattle"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Below are some of the sector-specific engagement expectations we have developed for sectors we are currently prioritising in our climate engagement programme. [...] Food producers and traders, consumer goods: Deforestation policy for key commodities such as palm oil, soy, timber, and dairy/cattle"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Below are some of the sector-specific engagement expectations we have developed for sectors we are currently prioritising in our climate engagement programme. [...] Food producers and traders, consumer goods: Deforestation policy for key commodities such as palm oil, soy, timber, and dairy/cattle"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Below are some of the sector-specific engagement expectations we have developed for sectors we are currently prioritising in our climate engagement programme. [...] Food producers and traders, consumer goods: Deforestation policy for key commodities such as palm oil, soy, timber, and dairy/cattle"
          • Policy applies to all stages of the supply chain
            Producers; Traders; Manufacturers; Retailers
            0.3/0.4
            Policy applies to all stages of the supply chain
            Producers; Traders; Manufacturers; Retailers
            0.3/0.4
            "Below are some of the sector-specific engagement expectations we have developed for sectors we are currently prioritising in our climate engagement programme. [...] Food producers and traders, consumer goods: Deforestation policy for key commodities such as palm oil, soy, timber, and dairy/cattle"
        • Companies must be legally operated
          2.2/4.6
          • Commitment details
            Companies own operations - Encouraged
            1/3
            Commitment details
            Companies own operations - Encouraged
            1/3
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        10/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
        • Company must respect labour rights
          4.6/5.6
          • Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Type of policy: ILO; UNGP; Discrimination; Forced Labour; Child Labour; Freedom of Association

            Does the financial institution ask the company to protect the health and safety of its own operations or its supply chain workers?: Yes
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        4/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "This means that we are committed to minimizing the impact of our operations on the environment and to demonstrating leadership by integrating environmental considerations into our business practices. This commitment lies at the heart of our environmental policy, which we recently reviewed and updated as part of our endeavour to pursue continual environmental improvement [...] Specifically, we commit to: [...] Establish, and periodically review objectives and targets in the pursuit of continual improvement in our environmental performance and ongoing prevention of pollution"
        • Monitoring and non-compliance process
          Ad-hoc audits
          2.5/5
          Monitoring and non-compliance process
          Ad-hoc audits
          2.5/5
          "Depending on the degree of investigation and the potential for environmental risk, BMO may employ in its evaluation (individually or in combination) questionnaires, checklists, Phase I Assessments, Phase II Assessments and/or specialized Environmental Impact Assessments. Environmental Assessments are conducted by qualified external professionals and conform to standards established by the Canadian Standards Association or equivalent bodies." 
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Palm oil
      25/90
      • Commitment Strength
        12/31
        • Commodity-specific deforestation financing policy
          6.6/9.6
          • Commitment details
            Zero-net deforestation
            5/8
            Commitment details
            Zero-net deforestation
            5/8
            "Together with other investor groups, we signed a broad set of expectations statements, covering: • Palm oil value chain expectations including banks (no deforestation, no planting on peat, no exploitation policies)."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Together with other investor groups, we signed a broad set of expectations statements, covering: • Palm oil value chain expectations including banks (no deforestation, no planting on peat, no exploitation policies)."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Together with other investor groups, we signed a broad set of expectations statements, covering: • Palm oil value chain expectations including banks (no deforestation, no planting on peat, no exploitation policies)."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Together with other investor groups, we signed a broad set of expectations statements, covering: • Palm oil value chain expectations including banks (no deforestation, no planting on peat, no exploitation policies)."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Together with other investor groups, we signed a broad set of expectations statements, covering: • Palm oil value chain expectations including banks (no deforestation, no planting on peat, no exploitation policies)."
        • Companies must be legally operated
          2.2/4.6
          • Commitment details
            Companies own operations - Encouraged
            1/3
            Commitment details
            Companies own operations - Encouraged
            1/3
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...]Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...]Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...]Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...]Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
        • Companies must monitor operations
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            Type of policy: Assurance mechanism
            "Over the past decade, BMO Global Asset Management, on its own and in collaboration with others, has been engaging with investee companies that are either directly or through its supply chains – including financial institutions – exposed to palm oil risks to encourage them to: develop, publish and implement a deforestation policy, covering the supply chain; develop, publish and implement a human and labour rights policy, covering the supply chain; as well as overall align their standards with the RSPO and consider membership."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Over the past decade, BMO Global Asset Management, on its own and in collaboration with others, has been engaging with investee companies that are either directly or through its supply chains – including financial institutions – exposed to palm oil risks to encourage them to: develop, publish and implement a deforestation policy, covering the supply chain; develop, publish and implement a human and labour rights policy, covering the supply chain; as well as overall align their standards with the RSPO and consider membership."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Over the past decade, BMO Global Asset Management, on its own and in collaboration with others, has been engaging with investee companies that are either directly or through its supply chains – including financial institutions – exposed to palm oil risks to encourage them to: develop, publish and implement a deforestation policy, covering the supply chain; develop, publish and implement a human and labour rights policy, covering the supply chain; as well as overall align their standards with the RSPO and consider membership."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Over the past decade, BMO Global Asset Management, on its own and in collaboration with others, has been engaging with investee companies that are either directly or through its supply chains – including financial institutions – exposed to palm oil risks to encourage them to: develop, publish and implement a deforestation policy, covering the supply chain; develop, publish and implement a human and labour rights policy, covering the supply chain; as well as overall align their standards with the RSPO and consider membership."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Over the past decade, BMO Global Asset Management, on its own and in collaboration with others, has been engaging with investee companies that are either directly or through its supply chains – including financial institutions – exposed to palm oil risks to encourage them to: develop, publish and implement a deforestation policy, covering the supply chain; develop, publish and implement a human and labour rights policy, covering the supply chain; as well as overall align their standards with the RSPO and consider membership."
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        10/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
        • Company must respect labour rights
          4.6/5.6
          • Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Does the financial institution ask the company to protect the health and safety of its own operations or its supply chain workers?: Yes

            Type of policy: ILO; UNGP; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        4/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "This means that weare committed to minimizing the impact of our operations on the environment andto demonstrating leadership by integrating environmental considerations into ourbusiness practices. This commitment lies at the heart of our environmental policy,which we recently reviewed and updated as part of our endeavour to pursuecontinual environmental improvement [...] Specifically, we commit to: [...] Establish, and periodically review objectives and targets in the pursuit of continual improvement in our environmental performance and ongoing prevention of pollution"
        • Monitoring and non-compliance process
          Ad-hoc audits
          2.5/5
          Monitoring and non-compliance process
          Ad-hoc audits
          2.5/5
          "Depending on the degree of investigation and the potential for environmental risk, BMO may employ in its evaluation (individually or in combination) questionnaires, checklists, Phase I Assessments, Phase II Assessments and/or specialized Environmental Impact Assessments. Environmental Assessments are conducted by qualified external professionals and conform to standards established by the Canadian Standards Association or equivalent bodies."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Soy
      19/90
      • Commitment Strength
        6/31
        • Commodity-specific deforestation financing policy
          3.5/9.6
          • Commitment details
            Sustainability commitment
            2/8
            Commitment details
            Sustainability commitment
            2/8
            "Below are some of the sector-specific engagement expectations we have developed for sectors we are currently prioritising in our climate engagement programme. [...] Food producers and traders, consumer goods: Deforestation policy for key commodities such as palm oil, soy, timber, and dairy/cattle"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Below are some of the sector-specific engagement expectations we have developed for sectors we are currently prioritising in our climate engagement programme. [...] Food producers and traders, consumer goods: Deforestation policy for key commodities such as palm oil, soy, timber, and dairy/cattle"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Below are some of the sector-specific engagement expectations we have developed for sectors we are currently prioritising in our climate engagement programme. [...] Food producers and traders, consumer goods: Deforestation policy for key commodities such as palm oil, soy, timber, and dairy/cattle"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Below are some of the sector-specific engagement expectations we have developed for sectors we are currently prioritising in our climate engagement programme. [...] Food producers and traders, consumer goods: Deforestation policy for key commodities such as palm oil, soy, timber, and dairy/cattle"
          • Policy applies to all stages of the supply chain
            Producers; Traders; Manufacturers; Retailers
            0.3/0.4
            Policy applies to all stages of the supply chain
            Producers; Traders; Manufacturers; Retailers
            0.3/0.4
            "Below are some of the sector-specific engagement expectations we have developed for sectors we are currently prioritising in our climate engagement programme. [...] Food producers and traders, consumer goods: Deforestation policy for key commodities such as palm oil, soy, timber, and dairy/cattle"
        • Companies must be legally operated
          2.2/4.6
          • Commitment details
            Companies own operations - Encouraged
            1/3
            Commitment details
            Companies own operations - Encouraged
            1/3
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        10/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
        • Company must respect labour rights
          4.6/5.6
          • Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Does the financial institution ask the company to protect the health and safety of its own operations or its supply chain workers?: Yes

            Type of policy: ILO; UNGP; Discrimination; Forced Labour; Child Labour; Freedom of Association
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        4/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "This means that weare committed to minimizing the impact of our operations on the environment andto demonstrating leadership by integrating environmental considerations into ourbusiness practices. This commitment lies at the heart of our environmental policy,which we recently reviewed and updated as part of our endeavour to pursuecontinual environmental improvement [...] Specifically, we commit to: [...] Establish, and periodically review objectives and targets in the pursuit of continual improvement in our environmental performance and ongoing prevention of pollution"
        • Monitoring and non-compliance process
          Ad-hoc audits
          2.5/5
          Monitoring and non-compliance process
          Ad-hoc audits
          2.5/5
          "Depending on the degree of investigation and the potential for environmental risk, BMO may employ in its evaluation (individually or in combination) questionnaires, checklists, Phase I Assessments, Phase II Assessments and/or specialized Environmental Impact Assessments. Environmental Assessments are conducted by qualified external professionals and conform to standards established by the Canadian Standards Association or equivalent bodies." 
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Timber, Pulp & Paper
      30/90
      • Commitment Strength
        12/31
        • Commodity-specific deforestation financing policy
          5/9.6
          • Commitment details
            Protects priority forests
            4/8
            Commitment details
            Protects priority forests
            4/8
            "When there is a known specific use of lending proceeds, BMO will not engage in providing new financing for commercial projects or operations that result in resource extraction on an unsustainable basis from: tropical rainforests, UNESCO World Heritage Sites or High Conservation Value Forests.5 In addition, when assessing the eligibility of borrowers from the forestry sector, we will assess whether the company is demonstrating sustainable management of natural resources through an appropriate system of independent certification or other acceptable alternative, such as the forest management schemes developed by the Forest Stewardship Council, Canadian Standards Association and American Forests and Paper Association."   
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process [...] Forest Biodiversity: When there is a known specific use of lending proceeds, BMO will not engage in providing new financing for commercial projects or operations that result in resource extraction on an unsustainable basis from: tropical rainforests, UNESCO World Heritage Sites or High Conservation Value Forests.5 In addition, when assessing the eligibility of borrowers from the forestry sector, we will assess whether the company is demonstrating sustainable management of natural resources through an appropriate system of independent certification or other acceptable alternative, such as the forest management schemes developed by the Forest Stewardship Council, Canadian Standards Association and American Forests and Paper Association." ; (All operations) "In addition, when assessing the eligibility of borrowers from the forestry sector, wewill assess whether the company is demonstrating sustainable management ofnatural resources through an appropriate system of independent certification orother acceptable alternative, such as the forest management schemes developed bythe Forest Stewardship Council, Canadian Standards Association and AmericanForests and Paper Association."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "When there is a known specific use of lending proceeds, BMO will not engage in providing new financing for commercial projects or operations that result in resource extraction on an unsustainable basis from: tropical rainforests, UNESCO World Heritage Sites or High Conservation Value Forests.5 In addition, when assessing the eligibility of borrowers from the forestry sector, we will assess whether the company is demonstrating sustainable management of natural resources through an appropriate system of independent certification or other acceptable alternative, such as the forest management schemes developed by the Forest Stewardship Council, Canadian Standards Association and American Forests and Paper Association."   
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "When there is a known specific use of lending proceeds, BMO will not engage in providing new financing for commercial projects or operations that result in resource extraction on an unsustainable basis from: tropical rainforests, UNESCO World Heritage Sites or High Conservation Value Forests.5 In addition, when assessing the eligibility of borrowers from the forestry sector, we will assess whether the company is demonstrating sustainable management of natural resources through an appropriate system of independent certification or other acceptable alternative, such as the forest management schemes developed by the Forest Stewardship Council, Canadian Standards Association and American Forests and Paper Association."   
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "When there is a known specific use of lending proceeds, BMO will not engage in providing new financing for commercial projects or operations that result in resource extraction on an unsustainable basis from: tropical rainforests, UNESCO World Heritage Sites or High Conservation Value Forests.5 In addition, when assessing the eligibility of borrowers from the forestry sector, we will assess whether the company is demonstrating sustainable management of natural resources through an appropriate system of independent certification or other acceptable alternative, such as the forest management schemes developed by the Forest Stewardship Council, Canadian Standards Association and American Forests and Paper Association."   
        • Companies must be legally operated
          2.2/4.6
          • Commitment details
            Companies own operations - Encouraged
            1/3
            Commitment details
            Companies own operations - Encouraged
            1/3
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process[...] Standard areas investigated during the assessment process include, among other things:[...] Whether the borrower complies with all environmental laws and regulations applicable to them"
        • Companies must monitor operations
          5/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Type of policy: Assurance mechanism

            Certification scheme (if applicable): FSC
            "In addition, when assessing the eligibility of borrowers from the forestry sector, we will assess whether the company is demonstrating sustainable management of natural resources through an appropriate system of independent certification or other acceptable alternative, such as the forest management schemes developed by the Forest Stewardship Council, Canadian Standards Association and American Forests and Paper Association."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "All eligible borrowers for commercial and corporate loans are subject to our environmental risk assessment process [...] In addition, when assessing the eligibility of borrowers from the forestry sector, we will assess whether the company is demonstrating sustainable management of natural resources through an appropriate system of independent certification or other acceptable alternative, such as the forest management schemes developed by the Forest Stewardship Council, Canadian Standards Association and American Forests and Paper Association."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "In addition, when assessing the eligibility of borrowers from the forestry sector, we will assess whether the company is demonstrating sustainable management of natural resources through an appropriate system of independent certification or other acceptable alternative, such as the forest management schemes developed by the Forest Stewardship Council, Canadian Standards Association and American Forests and Paper Association."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "In addition, when assessing the eligibility of borrowers from the forestry sector, we will assess whether the company is demonstrating sustainable management of natural resources through an appropriate system of independent certification or other acceptable alternative, such as the forest management schemes developed by the Forest Stewardship Council, Canadian Standards Association and American Forests and Paper Association."
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "In addition, when assessing the eligibility of borrowers from the forestry sector, we will assess whether the company is demonstrating sustainable management of natural resources through an appropriate system of independent certification or other acceptable alternative, such as the forest management schemes developed by the Forest Stewardship Council, Canadian Standards Association and American Forests and Paper Association."
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        10/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
             "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to:[...] Company-wide and effective grievance mechanisms and whistleblowing procedures" 
        • Company must respect labour rights
          4.6/5.6
          • Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Commitment details
            Companies entire supply chain - Encouraged
            3/4
            Type of policy: ILO; UNGP; Discrimination; Forced Labour; Child Labour; Freedom of Association

            Does the financial institution ask the company to protect the health and safety of its own operations or its supply chain workers?: Yes
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Core to our expectations on how companies should manage the social aspects of their operations and supply chains is a commitment to: • respect human rights and remediate any breaches, • uphold labour rights, and • safeguard public health. Amongst others, this should be implemented by: [...] Elimination and prevention of modern slavery as well as forced and child labour • Respecting rights of freedom of association and collective bargaining • Effective diversity and inclusion programme • Ensuring that neither discrimination nor harassment takes place in the workplace." [..] "Our expectations reference international standards1 and industry commitments and are supported by internal guidance and training. 1 Among them: the UN’s Universal Declaration of Human Rights; UN Guiding Principles on Business and Human Rights; the ILO’s International Labour Standards including conventions 29 (forced labour), 138 (minimum wage), and 182 (worst forms of child labour); OECD Guidelines for Multinational Enterprises; Wolfsberg Principles" 
        • Company must address gender equality issues
          2.1/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Focus areas in 2019 - through our engagement we will press companies to:Make a public commitment at leadership level to a diverse workforce and explain links to company strategy;Provide disclosure on diversity within the organisation, as well as goals and measures for increases in staff diversity;Develop policies and measures on hiring procedures, such as specific objectives, and shortlists with balanced numbers of male and female candidates;Establish professional development programmes for women at all levels such as mentor and sponsorship programmes, family-friendly policies and job-sharing models;Disclose how measures to increase diversity have been applied and the take up of these measures;Disclose results of gender pay gap assessments across the company, and what actions will be taken as a result."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        9/31
        • Commitments must be timebound
          Required
          5/5
          Commitments must be timebound
          Required
          5/5
          What is the length of time the portfolio companies are given to meet their time-bound plans?: pre-requisite for financing
          "Forest Biodiversity: When there is a known specific use of lending proceeds, BMO will not engage in providing new financing for commercial projects or operations that result in resource extraction on an unsustainable basis from: tropical rainforests, UNESCO World Heritage Sites or High Conservation Value Forests.5 In addition, when assessing the eligibility of borrowers from the forestry sector, we will assess whether the company is demonstrating sustainable management of natural resources through an appropriate system of independent certification or other acceptable alternative, such as the forest management schemes developed by the Forest Stewardship Council, Canadian Standards Association and American Forests and Paper Association."
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          Policy is reviewed and updated
          Timeline for review unclear or review conducted less frequently than annually
          1/2
          "This means that weare committed to minimizing the impact of our operations on the environment andto demonstrating leadership by integrating environmental considerations into ourbusiness practices. This commitment lies at the heart of our environmental policy,which we recently reviewed and updated as part of our endeavour to pursuecontinual environmental improvement [...] Specifically, we commit to: [...] Establish, and periodically review objectives and targets in the pursuit of continual improvement in our environmental performance and ongoing prevention of pollution"
        • Monitoring and non-compliance process
          Ad-hoc audits
          2.5/5
          Monitoring and non-compliance process
          Ad-hoc audits
          2.5/5
          "Depending on the degree of investigation and the potential for environmental risk, BMO may employ in its evaluation (individually or in combination) questionnaires, checklists, Phase I Assessments, Phase II Assessments and/or specialized Environmental Impact Assessments. Environmental Assessments are conducted by qualified external professionals and conform to standards established by the Canadian Standards Association or equivalent bodies."
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
  • Commitment strength
    9/31
    Avg. score
  • Reporting and Implementation
    5/31
    Avg. score
  • Social considerations
    10/28
    Avg. score

Profile

Bank of Montreal are a financial services provider headquartered in Canada serving private and corporate clients, institutions, and governments. Their services include personal, commercial and investment banking, loans and mortgages, insurance, wealth management, corporate lending, bonds, equities, fixed income investing, research, risk management, and treasury and advisory services. As of 2017, Bank of Montreal's total assets amount to over 700 billion USD with 360 billion USD worth of loans. They are also among the top shareholders for Forest 500 companies.

HQ
HQ 
Canada
Financial institution type
Financial institution type 
Bank

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.