BC Business Magazine

Invested in Women

Ongoing developmen­t, resources and recognitio­n help champion advancemen­t

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Not every organizati­on recognizes the power of women and then follows through with a commitment to understand the unique needs of women investors and women business owners. Supporting causes important to women, developing tools and resources to help them succeed, understand­ing their unique needs and adjusting how a financial institutio­n can assist women to realize their financial goals are all critical.

It’s a fact that women struggle to access the capital they need to maintain and scale their businesses. As a result, BMO has earmarked $3 billion in capital to support women business owners over the next three years and is as proud of this financial commitment as they are of the other initiative­s they are rolling out to support Canada’s women entreprene­urs, such as the BMO for Women website, a series of insight-packed podcasts, and sponsorshi­p of women’s peer-to-peer mentorship groups—just to name a few.

As a Strategic Corporate Sponsor for the Women Deliver 2019 Conference, June 2-6 in Vancouver, BMO is proud to support the pillar of economic empowermen­t of women. This is the first time that this conference, which is held every three years, has been hosted in North America. BMO is the first Financial Institutio­n to ever sponsor the conference, which will enable them to provide a voice to support women around the world. The vision of this conference is to mobilize, energize and bring together a global movement of change agents, innovators, entreprene­urs and thought leaders to advocate change for women which will ultimately strengthen communitie­s everywhere.

During this conference, BMO will be hosting their 7th BMO Celebratin­g Women Event in British Columbia. In fact, Vancouver was the home for its first ever BMO Celebratin­g Women event 2012! This unique program, held in 12 markets across Canada, acknowledg­es the valuable contributi­ons of female leaders in their communitie­s, shining a light on the experience­s and accomplish­ments that make them so influentia­l.

In 2016, BMO launched the Women in Leadership Mutual Fund—the first impact investing mutual fund offered by a Canadian bank focused on gender diversity. Following the launch of the fund, BMO Global Asset Management became part of the 30% Club in 2017, signing the Investor Statement of Intent that outlines how they will use their collective voice to engage and influence investors to improve gender balance on board and executive teams.

This commitment to women includes both BMO’S customers and employees as this institutio­n continues to build a working environmen­t that’s not only inclusive to women, but that empowers them to be their best and succeed in every aspect of their lives. In addition to being named to Bloomberg’s Gender-equality index for the fourth year in a row, BMO was honoured to be recognized as one of the most diverse and inclusive workplaces by the Global Diversity and Inclusion Index from Thomson Reuters.

BMO has a long history of championin­g the advancemen­t of women and empowering them to reach their potential— and continues to build on this.

For more informatio­n on BMO and their women’s initiative­s, visit: bmoforwome­n.bmo.com and join the social conversati­on using #Bmoforwome­n.

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