Advertise on podcast: Sustainability Leaders

Business leadership on climate is increasingly defined not only by emissions reductions, but also how companies address the emissions they cannot yet eliminate. In this episode of Sustainability Leaders, Melissa Fifield, Head of the BMO Climate Institute, speaks with Erik Hansen, Chief Sustainability Officer at Workday, about the company’s evolution from achieving net zero ahead of schedule to advancing new strategies around carbon removal, methane mitigation, and internal carbon pricing. Hansen discusses how Workday evaluates high-integrity climate investments, the growing role of customer and investor expectations, and why tackling super pollutants may offer outsized near-term climate benefits.

As climate risks intensify, the need to finance adaptation and resilience has become both a critical challenge and opportunity for the global economy. Recorded at this year’s Sibos conference in Miami, this episode brings together leaders from finance, development, and innovation to explore how capital can be mobilized to help communities, businesses, and infrastructure withstand a changing climate. Moderated by Gisela Sanchez of the Central American Bank for Economic Integration, the discussion features John Uhren of BMO Capital Markets, Ellie Moriearty of MIT Solve, and Sven Schmidt of Commerzbank. Together, they examine the growing importance of adaptation finance, the barriers that limit investment in climate solutions, real-world examples from around the globe, and the vital role of blended finance in scaling resilience.

Healthcare’s responsibility includes not only treating patients today but also reducing the environmental impacts that affect future health outcomes. In this episode, Michael Torrance, Chief Sustainability Officer at BMO, speaks with Dr. Richard Webster, who leads sustainability initiatives at Children’s Hospital of Eastern Ontario (CHEO), about how one of Canada’s leading pediatric hospitals is pursuing a board-approved net-zero strategy while maintaining high standards of patient care. Drawing on CHEO's experience and BMO's recent $2 million donation to support CHEO’s sustainability initiatives, the discussion highlights how strategic and intentional partnerships can help healthcare organizations address complex sustainability challenges. They explore why healthcare’s environmental footprint is often overlooked, how CHEO built support for climate action across the organization, and what practical projects are delivering measurable results, from energy efficiency upgrades and smarter building operations to reducing surgical waste. The conversation also examines governance, organizational change, emissions measurement, and the business case for sustainability initiatives that improve both patient outcomes and operational performance.

A potentially historic El Niño could amplify climate and economic pressures across food systems, energy markets and critical infrastructure, making early preparation essential. Alma Cortés Selva, senior advisor at the BMO Climate Institute, speaks with climate scientist Daniel Swain and BMO senior economist Erik Johnson about why the emerging event may rank among the strongest observed. They examine how El Niño interacts with long-term warming, why some regions may face floods while others experience drought, and how agricultural disruption could affect commodity prices, food inflation and interest rates. The conversation also considers how better climate forecasting can give businesses, policymakers and communities valuable time to plan. Visit BMO for more thought leadership from Alma Cortés Selva: https://capitalmarkets.bmo.com/en/our-bankers/alma-cortes-selva/

Sustainability can create the most value in an organization when it is embedded in business strategy rather than treated as a separate initiative. Melissa Fifield, Head of the BMO Climate Institute, speaks with Brandon Lombardi, Chief Legal Officer and Chief Sustainability Officer at Sprouts Farmers Market, about how sustainability has been integrated into the retailer’s growth story from the beginning. They explore the evolution of customer demand for attribute-driven products, the business case for sustainable agriculture, resilience in food supply chains, and how Sprouts approaches affordability, innovation, and long-term value creation. The conversation highlights why customer expectations, operational excellence, and climate resilience increasingly reinforce one another.  Visit BMO for more thought leadership from Melissa Fifield: https://capitalmarkets.bmo.com/en/our-bankers/melissa-fifield/

Location matters more than ever when it comes to understanding climate risk, resilience, and long-term business performance. Based on a webinar co-hosted by Climate Proof and Earth Finance, host Louie Woodall is joined by Caleb White of Earth Finance, Alma Cortés Selva of the BMO Climate Institute, and Kevin Eckerle of Bayer Consumer Health to explore the growing field of spatial finance—the integration of geospatial intelligence with financial decision-making. The conversation examines how companies and financial institutions are using location-based data to assess physical and transition risks, identify investment opportunities, strengthen supply chain resilience, and improve capital allocation. From agriculture and commercial real estate to water stress, extreme weather, and adaptation investments, the discussion highlights how spatial finance can help organizations move from broad sustainability considerations to actionable business decisions. For the complete webinar, visit: https://www.climateproof.news/products/webinar-recording-driving-competitive-advantage-through-spatial-finance-july-16-2026 For more thought leadership from Alma Cortés Selva of the BMO Climate Institute, visit: https://capitalmarkets.bmo.com/en/our-bankers/alma-cortes-selva/

As reconciliation efforts continue in Canada, the question is no longer whether institutions should engage, but how they can do so meaningfully and effectively. In this episode of Sustainability Leaders Indigenous Reconciliation Series, BMO’s Kayla Jacobs sits down with Peter Dinsdale, President and CEO of YMCA Canada, to discuss the practical realities of advancing reconciliation across organizations and sectors. From grassroots programming and education to national frameworks, the discussion unpacks how reconciliation can take shape in practice. Dinsdale reflects on the barriers organizations face and outlines how partnerships, cultural awareness, and patience can help move progress forward. The episode also explores the growing scale of Indigenous economic opportunity and the role that capital providers, policy frameworks, and business leaders can play in supporting long-term, Indigenous-led development.

Rising HOA fees and insurance premiums are reshaping the true cost of owning a home, with climate risk increasingly at the center of it all. In this episode of Sustainability Leaders, Alma Cortés Selva, Senior Advisor at the BMO Climate Institute, sits down with Matt Schulz, Chief Consumer Finance Analyst at LendingTree, to unpack how these interconnected pressures are driving a new affordability reality across U.S. housing markets. They explore why homeowners, lenders, and investors can no longer view housing costs in isolation, how climate exposure is influencing buyer behavior and property values, and why insurance is quickly becoming a defining factor in market access.   Visit LendingTree to learn more about the research cited in this episode: https://www.lendingtree.com/home/mortgage/hoa-survey/?msockid=03ed45b570be6d8b0420534471b76c7d Go to BMO for more thought leadership from Alma Cortés Selva: https://capitalmarkets.bmo.com/en/our-bankers/alma-cortes-selva/

Employee ownership is gaining momentum as a powerful strategy to align business success with employee wellbeing and community resilience. In this episode of Sustainability Leaders, Michael Torrance, BMO’s Chief Sustainability Officer, sits down with Leah Turnbull, Managing Director and National ESOP Practice Lead at BMO, to explore how employee ownership structures—such as Employee Stock Ownership Plans (ESOPs) in the U.S. and Employee Ownership Trusts (EOTs) in Canada—are transforming the way companies think about growth, succession, and sustainability.  They discuss why employee ownership is increasingly relevant amid a wave of retiring business owners, how it can help close the wealth gap by expanding access to equity, and why it offers a compelling alternative to traditional sale options.

Nature is no longer being viewed as an environmental consideration alone—it is increasingly being recognized as critical infrastructure that supports economic growth, business resilience, and long‑term value creation. In this episode of Sustainability Leaders, BMO’s Chief Sustainability Officer Michael Torrance speaks with Dom Kempson and Mike Morris from Stantec, a global leader in sustainable engineering, architecture, and environmental consulting, about how nature-based solutions are helping organizations manage risk, strengthen operations, and improve outcomes for communities. Drawing on examples from water systems, data centers, coastal infrastructure, and ecosystem restoration projects around the world, the conversation explores how companies are integrating nature into planning and investment decisions. The guests discuss why leading organizations are embedding nature into business strategy rather than treating it as an add‑on, how financial institutions are increasingly viewing nature as a source of resilience and risk reduction, and why nature-based solutions are becoming an important part of future infrastructure investment. Visit BMO for more thought leadership from Michael Torrance: https://capitalmarkets.bmo.com/en/our-bankers/michael-torrance/

Without clear standards, investors face a fragmented approach to climate investing—limiting the flow of capital needed to fund Canada’s transition. In this episode of Sustainability Leaders, John Uhren, Global Head of Sustainable Finance at BMO Capital Markets, speaks with Marlene Puffer, Chair of the Canadian Taxonomy and Transition Planning Council at Business Future Pathways, about how a sustainable finance taxonomy can bring consistency, credibility, and scale to climate investment. Puffer explains how a taxonomy classifies economic activity into categories to better direct capital—particularly toward hard‑to‑abate sectors such as steel and energy. The conversation explores why Canada needs to attract significant new investment to meet net‑zero goals, how global examples are already mobilizing capital at scale, and how a clear, science‑based framework can improve transparency, attract foreign investment, and support more effective allocation of capital across the economy. For the Sustainable Finance Taxonomy: Methodology Report Draft, visit: https://www.businessfuturepathways.ca/consultations/sustainable-finance-taxonomy-methodology-report-draft-for-public-comment/

Climate risk is a business risk, and companies that ignore it face growing financial exposure and operational disruption. In this episode of Sustainability Leaders, Alma Cortés Selva, Senior Advisor with the BMO Climate Institute, speaks with Jeffrey Hollender, Co-Founder of Seventh Generation, about why sustainability must be grounded in a clear business case. Jeffrey Hollender explains how climate impacts—from extreme weather to supply chain fragility—are already reshaping how companies operate, and why leaders must design more resilient, transparent systems to manage these risks. He emphasizes that sustainability is not just about values, but about improving performance through lower costs, stronger supply chains, and better access to talent. Visit BMO for more thought leadership from Alma Cortés Selva: https://capitalmarkets.bmo.com/en/our-bankers/alma-cortes-selva/ To learn more about Jeffrey Hollender’s book Built for a Better World, go to: https://jeffreyhollender.net/

Canada’s sustainable finance market is at a turning point, and scaling capital, enabling Indigenous participation, and innovating new instruments will determine how effectively the transition is financed. This episode of Sustainability Leaders explores that shift through a panel discussion from the BMO Government, Reserve & Asset Managers Conference, moderated by John Uhren, Global Head of Sustainable Finance at BMO Capital Markets. The expert panel included in alphabetical order of their last names: Madeline Bélanger-Trottier, Advisor, Debt Management, Financial Sector Policy Branch, Department of Finance, Canada; James Byra, Managing Director, Finance and Investments, First Nations Finance Authority; Jonathan Lapointe, Vice President, Business Development, AlphaFixe Capital; Elizabeth Wallace, Senior Manager, Funding, Ontario Financing Authority. Together, they set the stage for a forward‑looking conversation on how market dynamics, policy development and investor expectations are reshaping sustainable finance in Canada. Visit BMO for more thought leadership from John Uhren: https://capitalmarkets.bmo.com/en/our-bankers/john-uhren/

Financial coercion can often be a hidden form of violence—leaving Indigenous women survivors with debt, damaged credit, and barriers to rebuilding their lives. In this episode of Sustainability Leaders, a panel presented by BMO’s Office of Reconciliation in collaboration with Victim Services Toronto examines how financial systems are used as tools of control in trafficking and exploitation, and how those same systems can support recovery.Bringing together frontline, community, and financial institution perspectives, the discussion highlights the compounded barriers Indigenous women face and the importance of culturally grounded, trauma‑informed approaches. Listeners will hear how initiatives like the Reclaim program are helping to remove coerced debt, and rebuild trust in institutions—demonstrating how collaboration can align pathways for healing and long‑term stability.

Most building upgrades and retrofits stall not because of technology or economics but because owners lack clear data on their buildings, delaying decisions and raising costs. In this episode of Sustainability Leaders, Michael Torrance, Chief Sustainability Officer at BMO, speaks with Brodie Boland, Co‑Founder and CEO of Upgraid, about how better data and analytics can accelerate building upgrades and unlock emissions reductions. Boland explains why the market for building upgrades remains highly manual and inefficient, despite widely available and cost‑effective technologies such as heat pumps, lighting upgrades, and automation systems. The conversation explores how Upgraid uses machine learning and large datasets—from satellite imagery to permitting records—to create a detailed view of building systems and identify where upgrades make economic sense. Visit BMO for more thought leadership from Michael Torrance: Michael Torrance Learn more about the financial performance of green and climate-aligned buildings: Banking on Buildings: Green and Climate-Aligned Real Estate Performance