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Home Published Articles

BMO

byPhil Neuffer
July 20, 2022
in Published Articles

IMPACT


Jay Schweiger
Managing Director, Asset-Based Lending

HQ: Toronto
312-461-2323 • bmo.com

Whether through its plans to acquire Bank of the West, its new state-of-the-art U.S. headquarters in Chicago or through its work on sustainability and climate protection, BMO is constantly focused on innovation.

BMO has been busy innovating via expansion through internal and external means over the last year. In December 2021, BMO announced its plans to acquire Bank of the West, which, upon regulatory approval, will accelerate its growth. Then, in April, BMO opened its new state-of-the-art U.S. headquarters building, BMO Tower, in downtown Chicago.

At more than 700 feet and 50 stories, the building is one of the tallest new office towers in the city. The building’s transformational new office space was designed to reflect the future of BMO, which provides an exciting, vibrant environment for customers to conduct their banking and for BMO employees to work. BMO Tower has a stateof-the-art fitness center and a 1.5-acre green space on the west side of the building for both employees and the general public to enjoy gathering. The building is fully ADA compliant and features touchless wave sensors at entryways, braille and tactile lettering signage and accessible water filling stations. BMO Tower was sustainably designed to achieve WELL Building Platinum and LEED Gold standards to safeguard tenant health and well-being. The building incorporates innovative technology to maximize occupant health, mitigate risk related to harmful environmental factors and enhance operational efficiency.

Sustainability is a touchstone of BMO’s approach to doing business. In addition to providing sustainability-linked credit facilities to business customers, in Q1/22, BMO joined Breakthrough Energy Catalyst to help accelerate clean technologies and climate solutions that are critical to getting the world to net-zero carbon emissions by 2050.

“A constant focus on innovation is a critical element of our culture at BMO. It was another year of continuing evolution at BMO, which is required in today’s competitive environment.”

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