BMO takes home the 2019 True North Social Impact Award


BMO is committed to living our Purpose, Boldly Grow the Good – in business and life – across our footprint, so the bank’s recent recognition from the American Chamber of Commerce in Canada (AmCham Canada) in tapping BMO for its 2019 True North Social Impact award shows we’re on the right track. The award is given each year to a Canadian-based company to recognize its positive social impact throughout North America.

“As a leading cross-border bank with a proud history of helping clients in both the U.S. and Canada, we see the impact an organization can have on the areas it touches,” said Dan Barclay, CEO and Group Head, BMO Capital Markets and Executive Committee cross border sponsor. “A driving force behind our Purpose to Boldly Grow the Good in business and life are our commitments to build a thriving economy, an inclusive society, and a sustainable future. We are committed to being a catalyst for change in the communities where we live and work.”

“Giving back and supporting the communities where we do business – on both sides of the border – is part of the DNA of this organization,” said Sharon Haward-Laird, Head, North American Treasury & Payment Solutions and Co-Chair and Executive Committee cross border sponsor. “Being recognized by AmCham speaks to the incredible commitment of every team across our organization. We know that our work isn’t done, and we will continue to be a force of positive social change.”

We’re proud to make many positive impacts in Canada and the U.S. over the past year in the communities where we live and work, including:

  • In October 2019, we announced the closing of the inaugural U.S. $500-million 3-year Sustainability Bond to support the Bank’s commitment to sustainable finance.
  • In October 2019, BMO Harris Bank announced a $10 million commitment to United Way of Metro Chicago supporting the United Way’s Neighbourhood Network, an initiative designed to reduce economic disparity and create sustainable opportunities across neighbourhoods.
  • In 2018, we participated in over $10 billion in financing for renewable energy projects and has jointly led sustainable bond issuances for Ontario, Quebec and the World Bank. This commitment represents the next step in our strategic vision to help our clients achieve their sustainability objectives.
  • In September 2018, we announced a $10 million commitment to United Way Greater Toronto to encourage economic growth and launched an initiative to bring together business leaders to work with community on reducing economic disparity.

Learn more about BMO’s recent efforts to make a positive social impact on both sides of the U.S.-Canada border through our partnership with United Way in Chicago and Toronto.



Related Insights



Bringing innovative, locally-focused and collaborative approach to building strong neighbourhoods
Community giving

As long-time partners, BMO and United Way have worked closely to address societal challenges. In that time, we’ve found that while every community is unique, lack of economic inclusion is a common issue affecting residents of many of North America’s large cities. More and more, we have seen that “the neighbourhood you live in can […]

Satellite image of a brewing storm BMO’s Sustainability Leaders Podcast Examines Carbon Pricing
Corporate social responsibility, Environmental stewardship

In the latest edition of Sustainability Leaders, Manu Seal talks to economist Dr. Bob Litterman, one of the leading authorities on risk management and quantitative trading on Wall Street. They discuss how financial markets have evolved in viewing climate risk, and why pricing carbon is imperative for informed decision-making. Check out the podcast here. Get a fresh […]

BMO, United Way and City of Toronto Champion Economic Opportunity ILEO Construction Joint Venture to bring jobs and a model of economic sustainability to Greater Golden Mile
Community giving, Corporate social responsibility

BMO, together with United Way Greater Toronto, the City of Toronto, community leaders, and private sector partners, is piloting a new approach to promoting economic vitality in areas of the city where it is lacking. The work is guided by the Inclusive Local Economic Opportunity (ILEO) Leadership Table. Established in October 2018 by BMO and […]