Bank of Montreal
Primary Climate Goal
GHG emissions and Carbon intensity
Bank of Montreal reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 30 September 2021 at 97 Kt (+3/+3.2% y-o-y).
Bank of Montreal's Scope 3 emissions was down at 3 Kt (
The company has not set a company-wide target for an absolute reduction in GHG emissions yet.
Bank of Montreal achieved carbon neutrality across its operations (Scope 1 + 2) in 2010. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.