Responsible Investment
2021 Annual Report

The need to invest responsibly has never been greater. Over the next decade, our focus will continue to be on driving real world outcomes from meaningful climate action to advocating for social equality.

Kristi Mitchem profile photo
Kristi Mitchem
Co-CEO, BMO Global Asset Management

Now is the time to take action

Join us in our journey to engage, activate and advance investing for a sustainable future.

Income

ESG Integration

Five-Star Rating

*****

UN PRI 2021 5-star rating in the “direct-listed equity – active fundamental incorporation module” category1
Training

Stewardship

5,260
Company meetings voted2
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Climate Action

84%

Of shareholder proposals supported2

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Social Equality

729
Social Equality-focused engagements2

Latest Insights

Responsible Investment, Social Equity
January 3, 2023
January 2023

Understanding and Respecting Indigenous Rights during the Low-Carbon Transition

Consideration of Indigenous rights is critical to achieving our energy transition goals.
Commentary, Responsible Investment
November 17, 2022
January 2023

A recap of our 2022 proxy voting in Canada

Proxy voting is a key element of our stewardship and responsible investment approach. This piece summarizes how we voted in the Canadian market during the 2022 proxy voting season.
Main Landscape
Main Landscape
Commentary, Responsible Investment
November 2, 2022

What to look for at COP27

The UN’s annual climate conference meets in Egypt November 6-18 amid rising environmental threats, an urgent need to accelerate funding and an energy crisis that is testing commitments to fight climate change.

As part of our investment process, we recognize the importance of leaving no stone unturned when evaluating investment opportunities for our clients and fundamentally believe the value of sustainability practices. We explore these considerations in some of our investment processes, particularly when developing ESG-oriented investment solutions.

Sadiq Adatia
Sadiq Adatia
Chief Investment Officer

Featured Investments

Environmental, social, and governance (ESG) factors measure the sustainability attributes of a company or industry’s business activities. More and more, we are understanding how these factors can have material implications for financial performance and investor returns. Investors are increasingly seeking out ESG investment options to both mitigate risk and generate opportunities. Following are a few BMO funds that can provide ESG investment opportunities to investors.

BMO Sustainable Opportunities Global Equity Fund

Active equity mutual funds

Selects an active, high conviction portfolio of global equities based on a responsible investing approach.

BMO Sustainable Opportunities Canadian Equity Fund

Active equity mutual fund

Selects an active, high conviction portfolio of Canadian equities based on a responsible investing approach.

ESGG - BMO MSCI Global ESG Leaders Index ETF

Passive equity ETF

Replicates the MSCI World ESG Leaders Index that includes equities with high ESG performance relative to their sector peers.

ESGY - BMO MSCI USA ESG Leaders Index ETF

Passive equity ETF

Replicates the MSCI USA ESG Leaders Index that includes equities with high ESG performance relative to their sector peers.

ZESG - BMO Balanced ESG ETF

Multi-asset passive ETF

Builds a 60/40 portfolio by selecting equity and fixed income ETFs based on a responsible investing approach.

BMO Sustainable Growth Portfolio

Multi-asset active mutual fund

Builds a 80/20 portfolio by selecting equity and fixed income ETFs and mutual funds based on a responsible investing approach.

There is no denying that ESG considerations are mainstream risks that are multi-faceted and pervasive throughout society. Our Responsible Investment strategy aims to mitigate these risks and capitalize on opportunities for investors, paving the way to a sustainable future for all.

Nalini Feuilloley profile photo
Nalini Feuilloley
Director, Responsible Investment Team

Insights

Men
Sadiq Adatia
Weekly Commentary
January 30, 2023
January 2023

How Bad Will the Layoffs Get?

Is the current earnings bounce likely to continue? Are layoffs spreading to sectors beyond tech?
Men
Sadiq Adatia
Weekly Commentary
January 23, 2023
January 2023

Bonds, A Comeback Story

Where are the opportunities in the bond market? Are we at an attractive entry point for real estate investing?
Men
Sadiq Adatia
Weekly Commentary
January 16, 2023

Are Rate Cuts on the Horizon for 2023?

What did we learn from the latest CPI numbers? Do more tech layoffs lie ahead?
Men
Sadiq Adatia
Weekly Commentary
January 9, 2023

Our 2023 Portfolio Strategy Overview

Which two sectors are BMO Global Asset Management most bullish on for 2023? What investment factors are poised to outperform? Where are the bright spots in the bond universe?
Multi-Asset
January 6, 2023

10 Big Investment Trends for 2023

BMO GAM’s Monthly House View Special Edition
Responsible Investment
January 3, 2023
January 2023

Understanding and Respecting Indigenous Rights during the Low-Carbon Transition

Consideration of Indigenous rights is critical to achieving our energy transition goals.

1 BMO Asset Management Inc., together with its affiliate BMO Investments Inc., as BMO Global Asset Management (BMO GAM), together with its former asset management affiliates in Europe, Asia and the United States, was awarded a 5-star rating in the 2021 Direct Listed Equity – Active Fundamental – Incorporation module by the United Nations Principles for Responsible Investment (UN PRI). The UN PRI is an investor initiative in partnership with UNEP Finance Initiative and UN Global Compact (see www.unpri.org). UN PRI does an independent assessment of all global signatories annually through an extensive questionnaire. Five stars is the highest rating from the UN PRI awarded in this module.

 

2This includes voting activity and engagement conducted on behalf of BMO GAM by the Responsible Engagement Overlay (reo) service offered by former colleagues at BMO GAM EMEA, now part of Columbia Threadneedle, in the period of November and December 2021