Bank of Montreal | Disclosure of Languages Spoken Fluently by Employees at Bank of Montreal

Status
AGM passed
AGM date
Previous AGM date
Proposal number
3
Resolution details
Company ticker
BMO:CN
Resolution ask
Report on or disclose
ESG theme
  • Social
ESG sub-theme
  • Diversity, equity & inclusion (DEI)
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Financials
Company HQ country
Canada
Resolved clause
Be it proposed that languages spoken fluently by employees be disclosed, by disaggregating information by jurisdiction, for all
territories (countries, states, provinces) where the company has activities.
Supporting statement
When hiring a candidate, their skills are evaluated to ensure they
meet the requirements of the position they are applying for. This
includes assessing their language proficiency. Such information is
widely known across organizations and, when presented in
statistical form, holds interest for all parties involved. In recent
years, a number of public controversies over language have
tarnished the reputation of major publicly held corporations as
regards their social responsibilities and how they interpret their
duties and obligations in the light of the inherent diversity of our
societies. Language, which is at the core of our democratic
institutions, is in fact a fundamental characteristic of the
community. Because they are harmful in every respect, such
situations must not be allowed to recur. For this reason -and many
other reasons as well -it is desirable for all interested parties
(stakeholders) to know, through formal and official disclosure,
which languages the employees of the corporation are capable of
speaking fluently. Obviously, “fluently” means having attained a
sufficient linguistic level to be able to use the language widely in
all corporate and individual areas of activity, that is a level
sufficient to enable one to perform their functions and duties fully
and completely

DISCLAIMER: By including a shareholder resolution or management proposal in this database, neither the PRI nor the sponsor of the resolution or proposal is seeking authority to act as proxy for any shareholder; shareholders should vote their proxies in accordance with their own policies and requirements.

Any voting recommendations set forth in the descriptions of the resolutions and management proposals included in this database are made by the sponsors of those resolutions and proposals, and do not represent the views of the PRI.

Information on the shareholder resolutions, management proposals and votes in this database have been obtained from sources that are believed to be reliable, but the PRI does not represent that it is accurate, complete, or up-to-date, including information relating to resolutions and management proposals, other signatories’ vote pre-declarations (including voting rationales), or the current status of a resolution or proposal. You should consult companies’ proxy statements for complete information on all matters to be voted on at a meeting.