BMO Financial Group today announced it has been included in the Bloomberg Gender-Equality Index (GEI) for the fifth year in a row.
The global index recognizes companies committed to gender equality and inclusivity within the workplace and the community, and publicly demonstrates each company’s commitment to equality and advancing women. This year, the index has expanded to include nearly 6,000 companies across 84 countries.
BMO is proud to be recognized for our commitment to gender equality in its workplace and in the marketplace. For our customers, we help level the playing field for women entrepreneurs with access to credit, provide training and online resources, and offer support through third party organizations and our own BMO Celebrating Women platform. Within our workplace, we are committed to gender diversity at all levels. Women continue make up 40 per cent of its senior leaders, and a third of its board members are also women. We’re also engaged in opening doors and pathways for the next generation of women leaders, with our support of Plan International Canada’s Girls Belong Here program. And in 2019, BMO was the first Canadian bank to sign the UN Women’s Empowerment Principles, an initiative launched in 2010 by UN Women and the UNGC, which offers a platform to mobilize business action for implementation of the Sustainable Development Goals (SDGs).
“Our global leadership in the area of gender inclusion is reflective of BMO’s focus on building an inclusive society with zero barriers to inclusion”, said Mona Malone, Chief Human Resources Officer & Head, People & Culture at BMO Financial Group. “Our purpose to Boldly Grow the Good in business and life compels our actions in this space, and we thank Bloomberg for the recognition of these efforts for the fifth year in a row.”
“We’re also responding to the call for action with women entrepreneurs. This award celebrates our commitment to women business owners, to gender equality within our workforce and inclusive economic opportunity in our communities, which contribute to strengthening the economy on a local and global scale,” adds Joanna Rotenberg, Group Head, BMO Wealth Management, BMO Financial Group.
Learn more about our commitment to gender equality within the bank, more recognition for our approach to gender equity, and about how BMO for Women is supporting women entrepreneurs. Check out their new podcast, Bold(her), with its latest episode telling the story of woman in transition from the corporate executive suite to the entrepreneurial life, while balancing the demands of parenthood.