{"id":402949,"date":"2020-12-18T12:02:14","date_gmt":"2020-12-18T17:02:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402949"},"modified":"2020-12-18T12:02:14","modified_gmt":"2020-12-18T17:02:14","slug":"bmo-employees-rally-together-to-combat-economic-and-social-disparity","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bmo-employees-rally-together-to-combat-economic-and-social-disparity\/","title":{"rendered":"BMO Employees Rally Together to Combat Economic and Social Disparity"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<ul type=\"disc\">\n<li>Company-wide, 10<sup>th<\/sup> annual Employee Giving Campaign to benefit the United Way among a wide range of organizations <\/li>\n<li>Almost <span class=\"xn-money\">$190 million<\/span> donated cumulatively during decade-long employee-driven campaign, including <span class=\"xn-money\">$22 million<\/span> and counting in 2020 <\/li>\n<\/ul>\n<p>TORONTO\u00a0and <span class=\"xn-location\">CHICAGO<\/span>, <span class=\"xn-chron\">Dec. 18, 2020<\/span> \/PRNewswire\/ &#8211; In a year that&#8217;s seen tremendous social and economic challenges, BMO employees across <span class=\"xn-location\">North America<\/span> have come together to fuel positive change where they live and work through the 10<sup>th<\/sup> annual Employee Giving Campaign. In addition to the <span class=\"xn-money\">$66 million<\/span> in corporate donations BMO has made in 2020, since late November, close to 90 per cent of employees have already donated more than <span class=\"xn-money\">$22 million<\/span> to the United Way and organizations focused on education, health, food security, animals, legal aid, and LGBTQ2+ causes. With major gifts still being collected, the donations are geared to address the disproportionate impacts in health and economic outcomes exacerbated by the pandemic, as well as the chronic imbalances that impede prosperity and well-being \u2013 especially for Black, Indigenous, and People of Colour (BIPOC) communities. <\/p>\n<p>&#8220;As a Purpose-driven company, we are grateful for the opportunity to respond to the unprecedented need in our communities, intensified by COVID-19,&#8221; said <span class=\"xn-person\">Joanna Rotenberg<\/span>, Group Head, BMO Wealth Management and 2020 Major Individual Giving Cabinet Chair for the United Way of <span class=\"xn-location\">Greater Toronto<\/span>. &#8220;The disparity between those who are thriving and those who are struggling as a result of systemic barriers is more apparent than ever, and finding ways to curb the impacts of the pandemic on health, gender and racial equality, and economic prosperity has galvanized our employees to give back now.&#8221;<\/p>\n<p>With an ongoing commitment to foster a more just society with zero barriers to inclusion, BMO&#8217;s employees have embraced a focus on vulnerable communities where existing challenges are more severe. Contributions are also helping to fuel an inclusive recovery that addresses structural inequities for BIPOC communities that BMO has been confronting in its longstanding partnership with the United Way and other organizations. <\/p>\n<p>Throughout the last 10 years of the employee-driven campaign, BMO has raised almost <span class=\"xn-money\">$190 million<\/span> as part of its culture of giving back, and was recently <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3018245-1&amp;h=1133040512&amp;u=https%3A%2F%2Fwaterstonehc.com%2F2020-canadas-most-admired-winners%2F&amp;a=recognized\" rel=\"nofollow noopener noreferrer\">recognized<\/a>\u00a0as one of <span class=\"xn-location\">Canada&#8217;s<\/span> Most Admired Corporate Cultures by Waterstone Human Capital.<\/p>\n<p>Additional details regarding this year&#8217;s final donation tally will be revealed at a later date. For more information on BMO&#8217;s corporate social responsibility, please visit: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3018245-1&amp;h=3782045148&amp;u=https%3A%2F%2Four-impact.bmo.com%2F&amp;a=https%3A%2F%2Four-impact.bmo.com%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/our-impact.bmo.com\/<\/a>.<\/p>\n<p>\n        <b>BMO&#8217;s Partnership with United Way<br \/><\/b>BMO is a long-time partner of United Way in its\u00a0<i>Building Strong Neighbourhoods<\/i>\u00a0initiatives to overcome challenges to inclusive economic opportunity. BMO is a founding partner of the Inclusive Local Economic Opportunity initiative, a ground-breaking effort spearheaded by BMO and United Way Greater Toronto that brings together business and community leaders to work together in reducing economic disparity. The bank has extended this model to\u00a0Chicago. BMO previously donated\u00a0$10 Million\u00a0to United Way in each community to support the efforts. Additionally, in 2019, BMO employees donated more than\u00a0$22 million\u00a0to United Way and other charities through the annual BMO Employee Giving Campaign.<\/p>\n<p>\n        <b>About BMO Financial Group\u00a0<br \/><\/b>Serving customers for 200 years and counting, BMO is a highly diversified financial services provider &#8211; the 8th largest bank, by assets, in\u00a0North America. With total assets of\u00a0$949 billion\u00a0as of\u00a0October 31, 2020, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=TO29368&amp;sd=2020-12-18\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/bmo-employees-rally-together-to-combat-economic-and-social-disparity-301196133.html\">http:\/\/www.prnewswire.com\/news-releases\/bmo-employees-rally-together-to-combat-economic-and-social-disparity-301196133.html<\/a><\/p>\n<p>SOURCE  BMO Financial Group<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=TO29368&amp;Transmission_Id=202012181158PR_NEWS_USPR_____TO29368&amp;DateId=20201218\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Company-wide, 10th annual Employee Giving Campaign to benefit the United Way among a wide range of organizations Almost $190 million donated cumulatively during decade-long employee-driven campaign, including $22 million and counting in 2020 TORONTO\u00a0and CHICAGO, Dec. 18, 2020 \/PRNewswire\/ &#8211; In a year that&#8217;s seen tremendous social and economic challenges, BMO employees across North America have come together to fuel positive change where they live and work through the 10th annual Employee Giving Campaign. In addition to the $66 million in corporate donations BMO has made in 2020, since late November, close to 90 per cent of employees have already donated more than $22 million to the United Way and organizations focused on education, health, food security, animals, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bmo-employees-rally-together-to-combat-economic-and-social-disparity\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BMO Employees Rally Together to Combat Economic and Social Disparity&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402949","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BMO Employees Rally Together to Combat Economic and Social Disparity - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bmo-employees-rally-together-to-combat-economic-and-social-disparity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BMO Employees Rally Together to Combat Economic and Social Disparity - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Company-wide, 10th annual Employee Giving Campaign to benefit the United Way among a wide range of organizations Almost $190 million donated cumulatively during decade-long employee-driven campaign, including $22 million and counting in 2020 TORONTO\u00a0and CHICAGO, Dec. 18, 2020 \/PRNewswire\/ &#8211; In a year that&#8217;s seen tremendous social and economic challenges, BMO employees across North America have come together to fuel positive change where they live and work through the 10th annual Employee Giving Campaign. In addition to the $66 million in corporate donations BMO has made in 2020, since late November, close to 90 per cent of employees have already donated more than $22 million to the United Way and organizations focused on education, health, food security, animals, &hellip; Continue reading &quot;BMO Employees Rally Together to Combat Economic and Social Disparity&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/bmo-employees-rally-together-to-combat-economic-and-social-disparity\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-18T17:02:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=TO29368&amp;sd=2020-12-18\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bmo-employees-rally-together-to-combat-economic-and-social-disparity\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bmo-employees-rally-together-to-combat-economic-and-social-disparity\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"BMO Employees Rally Together to Combat Economic and Social Disparity\",\"datePublished\":\"2020-12-18T17:02:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bmo-employees-rally-together-to-combat-economic-and-social-disparity\\\/\"},\"wordCount\":599,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bmo-employees-rally-together-to-combat-economic-and-social-disparity\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=TO29368&amp;sd=2020-12-18\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bmo-employees-rally-together-to-combat-economic-and-social-disparity\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bmo-employees-rally-together-to-combat-economic-and-social-disparity\\\/\",\"name\":\"BMO Employees Rally Together to Combat Economic and Social Disparity - 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