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Environmental Performance
Greenhouse gas emissions summary report
In the 2008 period, BMO Financial Group's total reported emissions were 171,768 tonnes CO2 equivalent (tCO2e). BMO emitted 116,619 tCO2e from purchased electricity and 32,322 tCO2e from the combustion of natural gas and other fuels. Electricity purchased accounted for 67.9% of the total emissions, whereas natural gas and other fuel combustion accounted for 18.8% and 3.5%, respectively.
The reported emissions arising from energy combustion and purchased electricity are enterprise-wide and account for energy consumed by all BMO operations in Canada and the United States, as well as our international operations.
Emissions associated with fleet were 2,104 tCO2e accounting for 1.2% of total emissions, whereas ground travel and air travel accounted for 3.0% and 5.6%, respectively. These emissions relate to our North American operations only.
Total emissions by source
| Use type |
Percent |
Emissions
(tCO2e) |
| Electricity* |
67.9% |
116,619 |
| Natural gas* |
18.8% |
32,322 |
| Other fuels* |
3.5% |
6,039 |
| Fleet fuel |
1.2% |
2,104 |
| Ground travel |
3.0% |
5,091 |
| Air travel |
5.6% |
9,593 |
| TOTAL |
100% |
171,768 |
*Leased premises included |
 |
| Total emissions by GHG Protocol scope |
Total reported emissions by scope and country (tCO2e) |
| Scope |
Emissions (tCO2e) |
Scope 1 – natural gas,
other/fleet fuels |
15,899 |
| Scope 2 – electricity purchased |
32,980 |
| Scope 3 – leased premises, ground/air travel |
122,889 |
|
|
Scope 1 |
Scope 2 |
Scope 3 |
| Canada |
15,194 |
28,845 |
64,301 |
| United States |
705 |
4,135 |
57,908 |
| International |
- |
- |
680 |
| |
|
|
|
| TOTAL |
15,899 |
32,980 |
122,899 |
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BMO GHG emissions are categorized in accordance with the scopes identified by the GHG Protocol. Emissions estimates account for 22.5% of the total data reported and we are confident that the estimation techniques used provide a conservative, defensible, referential and reasonable estimation of energy consumption in the absence of actual data.
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Operational (ECO5) summary report  View report in PDF (64 KB)
BMO has developed the ECO5 strategy to help focus our efforts in managing the environmental impacts of our operations in five key areas. This table is a summary report relating to some of the major indicators that are guiding us in the implementation of this strategy and in achieving continuous improvement.
| Indicator |
Unit of measure |
Coverage |
2008 |
20071 |
| Employees |
FTE (M) |
enterprise-wide |
37,116 |
35,827 |
| Occupied building space |
m2 |
enterprise-wide |
1,329,904 |
1,269,788 |
|
|
|
|
| ECO5 |
| 1. Energy consumption |
| Electricity - non-renewable |
MWh |
enterprise-wide |
373,016 |
336,306 |
| Electricity - renewable |
MWh |
enterprise-wide |
8,566 |
5,000 |
| Natural gas |
m3 |
enterprise-wide |
17,242,385 |
22,893,999 |
| Heating oil |
Litres |
enterprise-wide |
1,458,039 |
1,740,346 |
| Diesel (emergency backup) |
Litres |
enterprise-wide |
679,903 |
627,526 |
| 2. Transportation - employee business travel |
| Air |
Kms |
North America |
85,730,508 |
99,869,232 |
| Auto - company owned/leased vehicles |
Kms |
North America |
3,348,863 |
4,487,320 |
| Auto - employee owned vehicles |
Kms |
North America |
16,027,282 |
15,455,385 |
| Auto - rental cars |
Kms |
North America |
3,485,285 |
2,251,223 |
| Rail |
Kms |
Canada |
672,292 |
725,994 |
| 3. Material consumption2 |
| Virgin content paper |
Tonnes |
North America |
4,895 |
6,986 |
| Post-consumer content paper |
Tonnes |
North America |
832 |
577 |
| 4. Waste |
| Solid waste generation3 |
Tonnes |
North America |
3,380 |
Not available |
| Office paper shredding/recycling |
Tonnes |
North America |
4,090 |
3,284 |
| Technology assets disposed for recycling/reuse4 |
Tonnes |
North America |
110 |
241 |
| 5. Procurement |
| Purchase of green renewable electricity |
MWh |
enterprise-wide |
8,566 |
5,000 |
|
|
|
|
| Resulting greenhouse gas emissions5 |
Total scope 1 direct emissions from energy
combustion – owned facilities (natural gas/fuel oil/other fuels) |
tCO2e |
enterprise-wide |
13,793 |
18,530 |
| Total scope 1 direct emissions from fleet use |
tCO2e |
North America |
2,104 |
2,633 |
| Total scope 2 indirect emissions from non-renewable electricity purchased – owned facilities |
tCO2e |
enterprise-wide |
32,980 |
31,285 |
| Total Scope 3 indirect emissions from energy combustion and non-renewable electricity purchased – leased facilities |
tCO2e |
enterprise-wide |
108,205 |
103,657 |
Total scope 3 indirect emissions from employee
business travel (air/auto/rail) |
tCO2e |
North America |
14,684 |
15,778 |
| Total carbon dioxide emissions |
tCO2e |
|
171,768 |
171,883 |
| 1 |
Portions of the information previously presented for 2007 have been restated to reflect more accurate data and a change to reporting boundary per GHG Protocol guidelines. |
| 2 |
Office paper, marketing materials, customer statements and envelopes. |
| 3 |
Represents solid waste from 23 major buildings/facilities or 31% of total premises space occupied. Of the total solid waste generated, 62% was diverted from landfill (recycled). |
| 4 |
Includes computers, monitors, photocopiers, fax machines, cell phones and PDAs – donated to schools/charitable organizations or disposed of using environmentally friendly methods. |
| 5 |
BMO greenhouse gas emissions are categorized in accordance with the scopes identified by the GHG Protocol. See also the BMO Greenhouse Gas (GHG) Emissions Summary Report. |
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The Carbon Disclosure Project
The Carbon Disclosure Project (CDP) is an ongoing effort to enhance the level and quality of carbon emissions disclosure from publicly traded corporations. A growing number of Institutional Investors want to know what companies are doing to mitigate and manage their contribution to increased greenhouse gases and in turn global warming.
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