In 2024, Bank of Montreal disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Bank of Montreal also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Bank of Montreal also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Bank of Montreal also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Bank of Montreal's reliance on fossil fuels versus cleaner alternatives.
Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, Bank of Montreal consumed a total of 1.8 million Gigajoules of energy across its operations. Of this total, 65.75% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 34.25% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
In 2024, Bank of Montreal consumed a total of 1.8 million Gigajoules of energy, of which 65.75% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This moderate level of renewable energy adoption indicates that Bank of Montreal is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Since 2021, Bank of Montreal's total energy consumption remained relatively stable, but fell by 5.41% in 2024, possibly indicating early signs of energy efficiency improvements.
Over the same period, the share of renewable energy remained relatively flat in the long term, but rose by 4.32% in 2024, which could signal new momentum toward clean energy transition.
Overall, Bank of Montreal’s total energy use and renewable energy share have both remained relatively stable over time, indicating operational consistency without major shifts in sustainability performance.
In 2024, Bank of Montreal disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Bank of Montreal's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
In 2024, Bank of Montreal's total energy consumption was primarily sourced from
In 2024, Bank of Montreal consumed energy from 3 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.