Up to 53 branches to become bullfrogpowered(TM)
TORONTO, Sept. 11 /CNW/ - BMO Financial Group and Bullfrog Power
announced today that BMO has purchased 5,000 Megawatt Hours per year of clean,
emission-free electricity from Bullfrog Power. Up to 53 branches in Ontario
and Alberta will be bullfrogpowered(TM), including the bank's flagship
branches at First Canadian Place in Toronto and First Canadian Centre in
"Companies like ours have a responsibility to take a leadership role in
the fight against climate change - to go where our customers are going," said
Bill Downe, President and CEO, BMO Financial Group. This means that we must
adopt and integrate environmental best practices into everything we do." Mr.
Downe announced the agreement this morning during his speech at the Scotia
Capital Markets Financials Summit in Toronto.
"It is part of our Environmental Policy to encourage a green workplace
through programs that promote energy efficiency, recycling and waste
minimization," said Jim Johnston, Director, Environmental Sustainability, BMO
Financial Group. "With this investment, BMO becomes the premier financial
institution on the bullfrogpowered Green Index. It shows our leadership in the
area of environmental sustainability and will ultimately reduce our overall
carbon emissions footprint by more than 3000 tonnes per year."
"By choosing to support renewable power from 100 per cent
EcoLogo-certified generation, BMO's bullfrogpowered locations are making an
important contribution to creating a healthier environment in Canada and
fighting global climate change," said Tom Heintzman, President, Bullfrog
Power. "Through this significant commitment, BMO is not only demonstrating its
leadership in environmental stewardship today, but also playing a major
long-term role in furthering the development of renewable power generation in
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly
diversified North American financial services organization. With total assets
of $359 billion as at July 31, 2007, and more than 35,000 employees, BMO
provides a broad range of retail banking, wealth management and investment
banking products and solutions. BMO Financial Group serves clients across
Canada through its Canadian retail arm, BMO Bank of Montreal, and through its
wealth management firms BMO Nesbitt Burns, BMO InvestorLine and BMO Harris
Private Banking. BMO Capital Markets, our North American investment and
corporate banking division, provides a full suite of financial products and
services to our North American and international clients. BMO also serves
personal and commercial clients in the United States through Chicago-based
Harris, an integrated financial services organization that provides more than
one million personal and business clients with banking, lending, investing,
financial planning, trust administration, portfolio management, family office
and wealth transfer services.
About Bullfrog Power
Bullfrog Power is a leading provider of 100 per cent green electricity.
Founded in 2005, Bullfrog provides homes and businesses in Alberta and Ontario
with an easy way to go green and help create a cleaner, healthier environment
for future generations. All of Bullfrog's power comes from clean, renewable
sources like wind power and low-impact water power that displace polluting and
carbon-intensive sources like coal. Bullfrog sources power exclusively from
generators that have received Environment Canada's Environmental Choice(M)
Program EcoLogo(M) certification. Thousands of Canadian homeowners and
hundreds of businesses have made the decision to become "bullfrogpowered(TM)"
and support the generation of clean, renewable power.
/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:
For further information: BMO Financial Group: Paul Gammal, Toronto,
firstname.lastname@example.org, (416) 867-3996; Peter Scott, Toronto,
PeterE.Scott@bmo.com, (416) 867-3996; Ronald Monet, Montreal,
email@example.com, (514) 877-1101; Laurie Grant, Vancouver,
firstname.lastname@example.org, (604) 665-7596; Bullfrog Power: Rob McEwan, Veritas
Communications, email@example.com, (416) 482-2248, Mobile: (416)
318-1936; www.bmo.com, www.bullfrogpower.com