BMO Employees Pledge Record-Breaking $31M to charitable partners in 2022
BMO employees have raised a record-breaking $31 million for United Way and various charities across North America during the 2022 Employee Giving Campaign, exceeding the target by $5 million.
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Rhea-AI Summary
BMO employees have raised a record-breaking $31 million for United Way and various charities across North America during the 2022 Employee Giving Campaign, exceeding the target by $5 million. This achievement reflects the commitment of 88% of BMO employees to support vulnerable communities amid rising living costs. Over the past decade, the campaign has generated over $200 million, highlighting BMO's dedication to corporate social responsibility. CEO Darryl White emphasized the significant social impact of these contributions.
Positive
- Record-breaking employee contributions of $31 million to charitable organizations.
- Exceeded fundraising target by $5 million.
Negative
- None.
Details
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- BMO employees rallied to reach beyond and Boldly Grow the Good in business and life with a record-breaking
$31 million (and counting) to United Way and thousands of charities across North America.
TORONTO, MONTREAL and CHICAGO, Dec. 21, 2022 /PRNewswire/ - BMO employees have pledged more than
Since kicking off their annual campaign in late November, 88 per cent of BMO employees across North America came together to reach beyond and Boldly Grow the Good in business and life, by making donations to thousands of organizations. These donations will help address the disproportionate impacts felt more acutely by the most vulnerable in our society, and drive progress in a year which saw higher costs for basic life essentials.
"In 2022, Team BMO truly reached beyond to grow the good in the communities we serve," said Darryl White, CEO of BMO Financial Group and United Way Greater Toronto 2022 Campaign Co-Chair. "With this year's remarkable Employee Giving Campaign result, BMO employees delivered a powerful social impact with their support for United Way and thousands of other charities across North America to help make progress for a thriving economy, a sustainable future and an inclusive society."
Over the last decade, the BMO employee-driven campaign, has raised more than
For more information on BMO's corporate social responsibility, please visit: https://our-impact.bmo.com/
BMO is a long-time partner of United Way in its mission to support agencies that build and directly serve neighbourhoods throughout North America. With its unique capability to identify needs and support wide-reaching front-line programs, United Way is reducing economic disparities and joins BMO in driving real progress in the communities we serve.
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of
Internet: www.bmo.com Twitter: @BMOMedia
View original content:https://www.prnewswire.com/news-releases/bmo-employees-pledge-record-breaking-31m-to-charitable-partners-in-2022-301707912.html
SOURCE BMO Financial Group
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