Bank of Montreal

Country
Canada
Sector
Financial Services
Industry
Banks - Diversified
Employees
53,597
Ticker
BMO
Exchange
TORONTO STOCK EXCHANGE
Description
Bank of Montreal, commonly referred to as BMO, is a major North American financial institution headquartered in Toronto, Canada. Established in 1817, it is one of the oldest banks in Canada with a ric...

Bank of Montreal Energy Data Preview

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)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Bank of Montreal's Energy Renewability

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.

Bank of Montreal's Energy Renewability Rate

66%

How much of Bank of Montreal's energy consumed is renewable?

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.

Are Bank of Montreal's energy practices becoming more sustainable?

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.

Bank of Montreal's Renewable vs Non-renewable Energy Over Time

1.32 M616.6 k83.4 k1.32 MGigajoules (GJ)202120222023202465%65%63%66%35%35%37%34%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Bank of Montreal's Energy Consumption & Production Mix

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.

Bank of Montreal's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(65.7%)Fuel(Unspecified Type)(34.0%)

What are the main sources and generation technologies behind Bank of Montreal's energy consumption?

In 2024, Bank of Montreal's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (65.75%)
  • Fuel (Unspecified Type) (33.97%)
  • Chilled Water and Steam (Unspecified Source) (0.28%)

How diverse is Bank of Montreal’s energy consumption mix?

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.

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