Bank of Montreal

Canada

$117B in AUM

$932B in Total Assets

Qualitative Analysis

FinanceMap scores this financial institution in the following areas. Please navigate to the relevant tab for in-depth analysis

FinanceMap Scores

Governance Score

Stewardship Score

Policy Engagement Score

Top Line Target

Net Zero

Portfolio Analysis

FinanceMap assesses these portfolios for this financial institution. Please navigate to the relevant tab for in-depth analysis.

Activity Stream
Value Assessed
Portfolio Paris Alignment Score
Exposure to Fossil Fuels
Corporate Lending (2020-22)
$260B
-9%
13.8%
Bond and Equity Underwriting (2020-22)
$64.7B
-33%
15.6%
Equity Asset Management
$43.9B
-19%
5.6%

Governance

D+
Performance Band

51%
Organisation Score

Detailed Evidence Used to Assess Bank of Montreal

The following table outlines the key queries and data sources, which FinanceMap uses to assess financial institutions climate governance, targets and policies. Every evidence piece is assessed on a five-point scale of -2,-1,0,1,2 or NA (not applicable)/NS (not scored). All queries, data sources, and evidence pieces are weighted against one another in a matrix system to arrive at a final top-level score. Clicking on specific cells will load the underlying evidence and information on how it has been assessed.

Exposure Analysis

Fossil fuel companies are those whose primary sector falls within coal mining and services, or up-, mid-, and downstream oil and gas sectors. Green companies are defined as companies having over 75% revenue deriving from Substantial Contribution to Mitigation activities under the EU Taxonomy.

Portfolio Paris Alignment

Portfolio Paris Alignment analysis of this institution's activities in this portfolio area assesses deals in 2020–2022.

Corporate Lending Paris Alignment

Value Assessed: $260B

Portfolio Paris Alignment by Sector

Sector Paris Alignment scores for the sectors to which this portfolio has exposure. FinanceMap Paris Alignment analysis is limited to the automotive, upstream fossil fuel, and power sectors.

Sector
% of Portfolio Value
Sector Paris Alignment

Portfolio Forecast Production in Sector

Portfolio Forecast Production in Sector

Portfolio Forecast Production in Sector

Portfolio Forecast Production in Sector

Exposure Analysis

Fossil fuel companies are those whose primary sector falls within coal mining and services, or up-, mid-, and downstream oil and gas sectors. Green companies are defined as companies having over 75% revenue deriving from Substantial Contribution to Mitigation activities under the EU Taxonomy.

Portfolio Paris Alignment

Portfolio Paris Alignment analysis of this institution's activities in this portfolio area assesses deals in 2020–2022.

Underwriting Paris Alignment

Value Assessed: $64.7B

Portfolio Paris Alignment by Sector

Sector Paris Alignment scores for the sectors to which this portfolio has exposure. FinanceMap Paris Alignment analysis is limited to the automotive, upstream fossil fuel, and power sectors.

Sector
% of Portfolio Value
Sector Paris Alignment

Portfolio Forecast Production in Sector

Portfolio Forecast Production in Sector

Portfolio Forecast Production in Sector

Portfolio Forecast Production in Sector

Exposure Analysis

Last Updated - 28/02/2023

Fossil fuel companies are those whose primary sector falls within coal mining and services, or up-, mid-, and downstream oil and gas sectors. Green companies are defined as companies having over 75% revenue deriving from Substantial Contribution to Mitigation activities under the EU Taxonomy.

Portfolio Paris Alignment

Equity Portfolio Paris Alignment

Portion of AUM Assessed: $43.9B

Portfolio Paris Alignment by Sector

Sector Paris Alignment scores for the sectors in which the asset manager has shareholdings. FinanceMap Paris Alignment analysis is limited to the automotive, upstream fossil fuel, and power sectors.
Sector
% of Portfolio Value
Sector Paris Alignment

Portfolio Forecast Production in Sector

Holding NameContribution to Sector Production
Emera Inc14.1%
TransAlta Corp13.8%
Exelon Corp6.6%
Duke Energy Corp5.9%
Algonquin Power & Utilities Corp4.7%
Southern Co4.5%
Enel SpA4.5%
Fortis Inc4.1%
Nextera Energy Inc3.7%
Capital Power Corp3.3%

Portfolio Forecast Production in Sector

Holding NameContribution to Sector Production
Volkswagen AG20.1%
Toyota Motor Corp14.7%
Stellantis NV12.2%
Honda Motor Co Ltd8.4%
General Motors Co7.4%
Ford Motor Co6.4%
Suzuki Motor Corp4.3%
Nissan Motor Co Ltd3.6%
Mercedes Benz Group AG2.9%
Renault SA2.9%

Portfolio Forecast Production in Sector

Holding NameContribution to Sector Production
China Shenhua Energy Co Ltd42.5%
Glencore PLC21.0%
Coal India Ltd19.7%
Yankuang Energy Group Co Ltd7.3%
Exxaro Resources Ltd3.5%
Adaro Energy Indonesia TBK PT2.5%
United Tractors Tbk PT1.4%
CONSOL Energy Inc1.0%
Washington H Soul Pattinson and Company Ltd0.5%
Warrior Met Coal Inc0.4%

Portfolio Forecast Production in Sector

Holding NameContribution to Sector Production
Canadian Natural Resources Ltd20.6%
Suncor Energy Inc14.3%
Exxon Mobil Corp5.4%
Tourmaline Oil Corp5.0%
ARC Resources Ltd4.9%
Chevron Corp4.2%
BP PLC4.1%
TotalEnergies SE3.8%
Imperial Oil Ltd3.8%
Shell PLC3.5%

Funds Assessed

All equity funds that FinanceMap has identified as being managed by this asset manager. Click through to a fund's profile page to view in-depth analysis.
Fund Name
Fund Domicile
TNA
Exposure
Portfolio Paris Alignment
Canada
$9.0B
8.2%
-22%
Canada
$5.62B
N/A
N/A
Canada
$4.48B
10.5%
-13%
Canada
$1.41B
N/A
N/A
Canada
$1.3B
43.2%
-23%
United Kingdom
$1.23B
0%
N/A
Canada
$820M
N/A
N/A
Canada
$726M
14.5%
-14%
Canada
$669M
N/A
N/A
Canada
$617M
N/A
N/A
Canada
$554M
N/A
N/A
Canada
$457M
N/A
N/A
Canada
$423M
11.8%
-23%
United Kingdom
$418M
0%
N/A
Canada
$391M
N/A
N/A
Canada
$375M
N/A
N/A
Canada
$298M
16.4%
-13%
Canada
$281M
0%
N/A
Canada
$278M
9.8%
-22%
United Kingdom
$244M
11.1%
-9%
Canada
$230M
4.0%
-15%
Canada
$226M
N/A
N/A
Canada
$213M
N/A
N/A
Canada
$211M
N/A
N/A
Canada
$190M
N/A
N/A
United Kingdom
$187M
N/A
N/A
Canada
$136M
N/A
N/A
Canada
$120M
N/A
N/A
Canada
$91.6M
11.3%
-22%
Canada
$80.7M
N/A
N/A
Canada
$78.7M
N/A
N/A
Canada
$77.5M
N/A
N/A
Canada
$76.6M
N/A
N/A
Canada
$63.6M
N/A
N/A
Canada
$63.5M
65.3%
3%
Canada
$57.2M
N/A
N/A
United States
$57.1M
N/A
N/A
Canada
$52.2M
N/A
N/A
Canada
$49.5M
N/A
N/A
Canada
$45.2M
0%
N/A
Canada
$35.8M
N/A
N/A
Canada
$32.8M
N/A
N/A
Canada
$24.9M
N/A
N/A
Canada
$23.6M
N/A
N/A
Canada
$14.9M
N/A
N/A
Canada
$13.6M
16.5%
-11%

Stewardship

B+
Performance Band

52%
Voting Percentage

Detailed Evidence Used to Assess Bank of Montreal

The following table outlines the key queries and data sources, which FinanceMap uses to assess asset managers' corporate engagement programs. Every evidence piece is assessed on a five-point scale of -2,-1,0,1,2 or NA (not applicable)/NS (not scored). All queries, data sources, and evidence pieces are weighted against one another in a matrix system to arrive at a final top-level score. Clicking on specific cells will load the underlying evidence and information on how it has been assessed.

Policy Engagement

C
Performance Band

68%
Organisation Score

47%
Relationship Score

Detailed Evidence Used to Assess Bank of Montreal

The following table outlines the key queries and data sources, which FinanceMap uses to assess financial institutions’ sustainable finance policy engagement. Every evidence piece is assessed on a five-point scale of -2,-1,0,1,2 or NA (not applicable)/NS (not scored). All queries, data sources, and evidence pieces are weighted against one another in a matrix system to arrive at a final top-level score. Clicking on specific cells will load the underlying evidence and information on how it has been assessed.

Detailed Evidence Used to Assess Bank of Montreal - Relationships

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party.

In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.

Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
54%
 
54%
 
14%
 
14%
 
57%
 
57%
 
41%
 
41%
 
58%
 
58%
 
60%
 
60%
 
46%
 
46%
 
43%
 
43%
 
51%
 
51%
 
61%
 
61%
 
82%
 
82%