• 12 novembre 2008 14:43
  • - Finances
  • - Services financiers

/C O R R E C T I O N from Source -- BMO Financial Group/

In c7655 issued at 13:46e today, an error occurred in the seventh
    paragraph. The URL should have read
    http://www.youtube.com/watch?v=iRKMdZ1w5sY.
    Corrected copy follows:BMO Accepts "One Million Acts of Green" Challenge

    Urges its own employees and others to Go Green

    TORONTO, Nov. 12 /CNW/ - BMO Financial Group today announced that it has
accepted the challenge of the "One Million Acts of Green" environmental
initiative.
    The program encourages everybody to make small changes in their behaviour
to reduce greenhouse gases, adding up to a million acts of green that will
make a measurable impact on the environment.
    "We have accepted the challenge, and we are encouraging our 36,000 BMO
employees to support this fantastic initiative," said Ula Ubani, Director,
Corporate Responsibility and Sustainability, BMO Financial Group. "We know
that the environment is very important to our customers and employees. We
believe small acts, such as using a refillable coffee cup, really can make a
difference. We are encouraging employees of other companies to accept the
challenge too."
    BMO employees can join the BMO Financial Group Clear Blue Skies challenge
team at www.onemillionactsofgreen.com.
    BMO applauded Cisco Canada for launching the initiative and encouraged
other corporations to take part in the challenge. BMO employees log nearly 100
million kilometres of travel every year, and by using Cisco's state-of-the-art
teleconferencing system, called TelePresence, BMO hopes to begin to reduce its
greenhouse gas emissions caused by business travel.
    "BMO has been a great supporter of One Million Acts of Green," said Willa
Black, Vice President, Corporate Marketing, Cisco Canada. "We commend them for
accepting the challenge, and we hope their leadership will encourage others to
do the same."
    A video featuring Ula Ubani discussing One Million Acts of Green can be
found on YouTube at http://www.youtube.com/watch?v=iRKMdZ1w5sY.BMO and the Environment:

    -   In September 2008, BMO's CEO Bill Downe announced that BMO will seek
        to achieve carbon neutrality by 2010 across our enterprise -
        worldwide. To reach this goal, BMO intends to reduce net emissions
        related to energy consumption and transportation to zero within two
        years. And BMO is committed to cut its greenhouse gas emissions by
        5 per cent over this period.
    -   BMO has been a leader in reducing its non-renewable energy
        consumption. All newly opened branches (56, so far, in Ontario and
        Alberta) are powered from renewable sources of electricity (where
        available), such as Bullfrog Power. Last year, BMO purchased 5,000
        megawatt hours of electricity from renewable sources, and it expects
        to increase that commitment significantly over the next two years.
        BMO recently, contracted with Bullfrog for an additional 3,300 MWh of
        clean energy, raising the total to more than 8,300 MWh, making BMO
        the leading purchaser of electricity among financial institutions
        from the company. This is enough renewable energy to power nearly 100
        BMO branches.
    -   BMO recently redesigned its Corporate Responsibility website and
        expanded significantly the section devoted to addressing climate
        change (www.bmo.com/environment). To help customers, investors,
        employees and other interested parties make sense of it all, the new
        site provides one of the most complete compilations of corporate
        performance data among its peers, and will allow BMO and all its
        stakeholders to track the company's progress toward carbon
        neutrality.
    -   BMO is listed on both the Dow Jones Sustainability Index (North
        America) and FTSE4Good Series Index.
    -   BMO is a long-time signatory and respondent to the Carbon Disclosure
        Project. BMO has been named as one of two Canadian banks in its
        Carbon Disclosure Leadership Index for 2008.
    -   BMO has appeared on Corporate Knights Magazine's Best 50 Corporate
        Citizens list every year since 2003.


    /NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
    the CNW Photo Network and archived at http://photos.newswire.ca.
    Additional archived images are also available on the CNW Photo Archive
    website at http://photos.newswire.ca. Images are free to accredited
    members of the media/
For further information: Media Contact: Peter Scott, Toronto,
PeterE.Scott@bmo.com, (416) 867-3996, Internet: www.bmo.com