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BMO Named One of the World’s Most Ethical Companies by the Ethisphere Institute for the Fifth Year in a Row

March 15, 2022 | Purpose, Recognition

BMO has been recognized as one of the 2022 World’s Most Ethical Companies for the fifth consecutive year by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

BMO is one of five banks worldwide, four banks in the U.S., and the only bank in Canada to be recognized in 2022. BMO is also the only bank in Canada to be recognized with this award since its inception in 2007. The award affirms the bank’s commitment to doing what’s right and operating with transparency, good governance, and integrity in support of a thriving economy, sustainable future, and inclusive society.

“Today, business leaders face their greatest mandate yet to be ethical, accountable, and trusted to drive positive change,” said Ethisphere CEO, Timothy Erblich. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to integrity, sustainability, governance, and community. Congratulations to BMO for earning the World’s Most Ethical Companies designation.”

This annual recognition honours companies who have best in class ethics, compliance and governance practices 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 exceptional leadership, sustainability, and business integrity.

“The values that underpin our company – Integrity, Empathy, Diversity, Responsibility – drive the ethical business practices we’re honoured to be recognized for,” said Darryl White, Chief Executive Officer, BMO Financial Group. “Delivering strong ethical business performance leads to the strong financial results that fuel our capability to live our Purpose and grow the good for our customers, communities and shareholders”

Learn more about why we believe recognition means we’re on the right path.

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