Bank of Montreal | Human Rights Risks of Financialization of Housing at Bank of Montreal

Status
Withdrawn
AGM date
Resolution details
Company ticker
BMO:CN
Lead filer
B.C. General Employee's Union
Resolution ask
Adopt or amend a policy
ESG theme
  • Social
ESG sub-theme
  • Human rights
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Financials
Company HQ country
Canada
Resolved clause
Shareholders request BOM take steps to assess and mitigate the human rights and reputational risks involved in the financialization of housing, including, • acknowledging that housing is a human right, and • collaborating with leading Canadian banks to develop a human rights due diligence tool that can be used to assess and mitigate the risks of doing business with clients or potential clients whose business practices have the potential to exacerbate the negative effects of the financialization of housing in Canada.

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