{"id":441501,"date":"2021-02-23T06:03:45","date_gmt":"2021-02-23T11:03:45","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=441501"},"modified":"2021-02-23T06:03:45","modified_gmt":"2021-02-23T11:03:45","slug":"bmo-named-one-of-the-worlds-most-ethical-companies-by-the-ethisphere-institute-for-the-fourth-year-in-a-row","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bmo-named-one-of-the-worlds-most-ethical-companies-by-the-ethisphere-institute-for-the-fourth-year-in-a-row\/","title":{"rendered":"BMO Named One of the World’s Most Ethical Companies by the Ethisphere Institute for the Fourth Year in a Row"},"content":{"rendered":"
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Canada NewsWire<\/p>\n<\/p><\/div>\n

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\n TORONTO<\/span>, Feb. 23, 2021<\/span> \/CNW\/ –\u00a0 <\/b>BMO Financial Group has been recognized as one of the World’s Most Ethical Companies<\/a>\u00a0for the fourth consecutive year by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. BMO is one of four Canadian companies, the only bank in Canada<\/span>, and one of only five banks worldwide, to be recognized in 2021, affirming the bank’s commitment to support a thriving economy, sustainable future, and inclusive society.<\/p>\n

“The global pandemic has presented significant economic and social challenges for our employees, customers and communities. As trusted stewards of the financial system and enablers of long-term growth, banks play a vital role in driving economic recovery. At BMO, we embrace our front-line role supporting the resilience of the communities we serve,” said Darryl White<\/span>, Chief Executive Officer, BMO Financial Group. “Having our employees recognized for the fourth year in a row is a tribute to the ways they lead with empathy and adaptability as they serve the millions of people who count on us every day to achieve their financial goals. It reflects our fundamental belief in doing what’s right \u2013 consistently, equitably and sustainably. At BMO we sum it up in a simple statement of purpose that underpins everything we do: Boldly Grow the Good in business and life.”<\/p>\n

The annual recognition honours companies with individuals and leaders who are diligently working to build a world-class program and advance an environment that is defined by integrity. It is an affirmation of the leadership of companies contributing to the greater good. This award highlights the ongoing importance of culture and a shift in the purpose of corporations showcasing the importance of broader stakeholders and sustainability.\u00a0In 2021, 135 honorees were recognized spanning 22 countries and 47 industries.<\/p>\n

“This award recognizes leaders’ and businesses’ continuous commitment to prioritizing ethical behaviour as a means to improve the world, while enhancing business performance,” said Timothy Erblich<\/span>, Chief Executive Officer, Ethisphere. “Congratulations to everyone\u00a0at BMO\u00a0for earning the World’s Most Ethical Companies designation.”<\/p>\n

BMO’s commitment to creating positive change for its customers, employees, and communities has spanned more than 200 years. Since unveiling its Purpose<\/a> commitments in 2019, BMO has made significant progress towards them, including:<\/p>\n