BMO Named One of the World’s Most Ethical Companies by the Ethisphere Institute

BMO is the only bank in Canada to be recognized since the award’s inception in 2007

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

BMO is one of four banks worldwide, three banks in the U.S., and the only bank in Canada to be recognized in 2023. BMO is also the only bank in Canada to be recognized with this award since its inception in 2007. The award exemplifies 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.

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“Ethics matters. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance,” said Ethisphere CEO, Erica Salmon Byrne. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to BMO for earning a place in the World’s Most Ethical Companies community.”

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.

“BMO’s reputation as one the world’s most ethical companies is built on our strong foundation of client service culture and our track record of responsible risk management,” said Darryl White, Chief Executive Officer, BMO Financial Group. “How we achieve our goals is critically important. Our long-established ethical business practices translate into enduring relationships and strong financial performance that enable us to deliver progress for our clients, communities and the planet. BMO is honoured to be recognized for a sixth consecutive year.”

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