BMO Alto

BMO Alto is an online-only banking service offering competitive financial products, including certificates of deposit (CDs). It provides a user-friendly digital banking experience tailored for customers seeking innovative financial solutions.

CCI Score

51.62

-0.03% April 18

Latest Event

BMO Statement on Human Rights - Our Impact

BMO Financial Group released a comprehensive human rights statement outlining its commitments to respecting human rights, ensuring fair labor practices, and enforcing ethical supply chain standards. The statement emphasizes strong policies on diversity, equity and inclusion, anti-discrimination, and supplier code compliance, underscoring its efforts to build a responsible corporate framework.

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LEADER

BMO Alto is currently rated as a Leader.

+45 to +100 CCI Score

Companies in this range actively lead the fight against authoritarianism by rejecting oppressive practices and championing democratic values. They implement robust policies, engage in transparent governance, and drive initiatives that set the standard for corporate responsibility.

Latest Events

MAR

01

2024

BMO Statement on Human Rights - Our Impact
78.13

BMO Financial Group released a comprehensive human rights statement outlining its commitments to respecting human rights, ensuring fair labor practices, and enforcing ethical supply chain standards. The statement emphasizes strong policies on diversity, equity and inclusion, anti-discrimination, and supplier code compliance, underscoring its efforts to build a responsible corporate framework.
+90

Labor Relations and Human Rights Practices

March 24

The document demonstrates a robust commitment to labor rights and human rights practices, outlining detailed policies to ensure fair treatment of employees, adherence to international human rights standards, and support for diversity, equity and inclusion. This proactive stance is especially significant in the context of resisting authoritarian practices by affirming ethical labor relations.

Statement on Human Rights
+85

Supply Chain Ethics

March 24

The statement includes clear guidelines on supplier standards and supply chain due diligence. BMO outlines rigorous expectations for its suppliers to adhere to ethical practices and human rights considerations, reducing the risk of complicity in human rights abuses in its supply chain.

Statement on Human Rights
FEB

01

2023

BMO Alto Statement on Political Contributions and Lobbying
56.11

BMO Alto outlined its political contributions and lobbying policies, emphasizing that, since November 2018 in Canada and May 2018 in the U.S., it refrains from using corporate funds for political contributions. The statement details transparent reporting processes and strict adherence to legal and internal guidelines, which limit undue corporate influence in the political sphere.
+70

Political Contributions and Lobbying Efforts

March 24

BMO Alto’s clear policy to refrain from using corporate funds for political contributions in both Canada and the United States, coupled with detailed disclosures of its lobbying activities, reflects a commitment to transparency and responsible political engagement. This approach limits corporate influence in politics and aligns with anti-fascist ideals by helping to prevent the concentration of power that can fuel authoritarian practices.

PDF BMO Statement on Political Contributions and Lobbying - Our Impact
OCT

01

2011

BMO Statement on Freedom of Association and Collective Bargaining
20.62

BMO Alto (part of BMO Financial Group) issued a statement reaffirming its commitment to upholding workers’ rights by respecting freedom of association, the right to join a trade union, and collective bargaining. The document emphasizes adherence to national human rights laws and international labor standards, promoting a workplace free from coercion in union representation. This stance stands in opposition to authoritarian practices that seek to undermine workers’ rights.
+80

Labor Relations and Human Rights Practices

March 24

The statement clearly upholds labor rights by ensuring freedom of association and protecting the right to collective bargaining. This commitment supports fair labor practices and opposes any authoritarian or coercive measures in the workplace. In the context of rising fascism and authoritarian influences, such a stance promotes democratic values and human rights within corporate practices.

PDF BMO Statement on Freedom of Association and Collective Bargaining