BMO InvestorLine helps self-directed investors access ESG insights

ESG
31/01/2023 News

BMO InvestorLine today announced the launch of its new ESG Insights feature that provides self-directed investors Environmental, Social and Governance (ESG) ratings for individual equities and ETFs, to help them evaluate the ESG risks and opportunities of the investments they make.

According to a recent BMO InvestorLine poll, 65 per cent of Canadians believe it is important to invest in companies that align with their personal values on climate change, human rights, responsible governance and ethical corporate practices. Nearly half (45 per cent) of Canadians who hold investments are eager to learn more about a company's ESG practices when considering whether to invest in that company. Furthermore, 75 per cent believe it is possible to purchase investments that make good financial sense while still aligning to their personal values.

"Investors are increasingly viewing their portfolios through a sustainability lens with increased awareness of ESG factors while evaluating how companies manage critical environmental, social and governance issues," said Andrea Casciato, Head of Digital Investing, BMO InvestorLine. "BMO InvestorLine's ESG Insights feature offers a practical new framework to help investors analyze their portfolios with sustainability in mind and empower them to make informed investment decisions that align with their strategies and values."  

This industry-leading ESG Insights feature is seamlessly integrated into BMO InvestorLine's web and mobile platforms, enabling investors to discover more about any equity or ETF as they build and manage their portfolio. Using ESG Insights, investors can review the overall rating, see how the company performs under environmental, social and governance pillars and compare the rating of any company to its stock price and to its industry peers in one view.

BMO InvestorLine's ESG Insights functionality also enables investors to:

• Identify industry leaders based on long-term risks such as climate change, human capital, corporate governance, board diversity and more.

• Stay informed of industry-specific business issues that may create significant risks and opportunities.

• Analyze the performance of companies relative to international standards and principles.

BMO InvestorLine's ESG Insights includes MSCI ESG Ratings1 which is backed by MSCI's 40 years of experience in objectively measuring and modelling ESG performance— and includes more than 10,000 companies and 785,000 equity and fixed income securities globally2.

"Our research shows Canadian investors are eager for insights when it comes to ESG strategies and want to understand how these elements can impact the companies they invest in," continued Ms. Casciato. "We're proud to offer this new feature to help our clients make progress by constructing portfolios aligned to their values. BMO's Purpose, to Boldly Grow the Good in business and life, is supported by commitments for a thriving economy, sustainable future and inclusive society; which drives our strategy to bring the very best insights and investment solutions to our clients in the most meaningful ways." 

Related news & insights

SME Banking
18/04/2024 News

OCBC introduces program to aid women entrepreneurs

The programme offers tailored financing solutions, educational workshops, and networking and mentorship opportunities.

SME Banking
15/04/2024 Article

Innovation Masters: Banks at the forefront of women's business empowerment

A selection of innovative projects empowering female entrepreneurship, submitted for the Qorus Banking Innovation Awards in recent years by KCB,...

Digital Reinvention
15/04/2024 News

KBC announces plans for cutting-edge data centers in Belgium

These state-of-the-art facilities are not only set to enhance KBC's ability to deliver top-notch services but also signify a significant...

Insurance
15/04/2024 News

MetLife Pet Insurance partners with the Association of Animal Welfare Advancement

MetLife Pet Insurance and the Association of Animal Welfare Advancement (AAWA) have joined forces to address pet owners' challenges in...

SME Banking
14/04/2024 News

ANZ NZ pumps $4 million into AgriZeroNZ for farm emissions reduction

ANZ Bank New Zealand is doubling down on its environmental commitment with a $4 million investment in AgriZeroNZ, a partnership...

Embedded Insurance
12/04/2024 Video

Empowering green mobility: Laka's vision for sustainable insurance with embedded solutions

Tobias Taupitz, the CEO and Co-Founder of Laka, drives his company's aspiration to become the world's leading green mobility partner....

Digital Reinvention
11/04/2024 Interview

Banca Widiba takes gold: Transforming financial advisory teams with innovative approach

Banca Widiba snagged the New Ways of Working gold award for ‘The Financial Advisors Team’ at the Qorus Reinvention Awards...

Mobility
09/04/2024 Study

Driving forces: The interplay of financial services and the EV sector

The financial services sector and the electric vehicle (EV) sector are two dynamic realms undergoing a significant transformation in today's...