Report shares firm's continued progress toward generating long-term value for its business, its communities, its shareholders, and the planet
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The firm's 2023 Sustainability Report includes the following results Manulife accomplished during the year1:
Empowering sustained health and well-being
- Provided over 2.1+ million customers globally with access to our behavioural insurance platforms
- Increased mental health benefits by 20% for our Canadian employees, from
$10,000 to$12,000 - Ranked in the 89th percentile for employee engagement, a top quartile ranking among financial services peers2
- Hosted the inaugural Longer. Healthier. Better. longevity symposium bringing together life insurance brokers, leadership from reinsurance companies, media, and government officials to hear from world-leading experts in science, healthcare, and education
Driving inclusive economic opportunity
- Globally, 99% of pay was received by women as a percentage of men, and in
North America , 101% of pay was received by racially and ethnically diverse populations, demonstrating our commitment to gender and racial pay equity - Sold over 668,000 specialized, affordable policies within our emerging markets in
Asia , supporting financial resilience for traditionally underserved populations3 - Contributed a total of
$27.9 million to our communities around the globe - Became the first insurer in
Indonesia to offer life insurance for people living with the Human Immunodeficiency Virus (HIV)
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1 Please see our Sustainability Report for further details about our performance metrics, including the methodology for calculating and defining green investments. |
2 Based on our 2023 Gallup survey. |
3 Policies sold in emerging markets across |
Accelerating a sustainable future
- Increased our General Account's sustainable investment portfolio to
$48.3 billion - Released our Climate Action Implementation Plan, outlining our approach to managing the climate transition across our operations, General Account investments, and products and services
- Announced the first close of our Forest Climate Strategy, which offers qualified investors the ability to participate in natural climate solution markets
Manulife Investment was again named the largest manager of natural capital in IPE Real Asset's Top 25 Natural Capital Managers ranking4
"As a global insurer and asset manager, Manulife grounds itself in the principles of longevity to empower longer, healthier lives for our customers and for our planet," said
Not all offerings are available in all jurisdictions. Please visit manulife.com/sustainability to access the reports and to learn more about the firm's Impact Agenda.
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4 IPE research as of 1/29/2024. Ranking is based on total Natural Capital AUM, which includes forestry/timberland and agriculture/farmland AUM. Firms were asked to provide AUM and the as of dates vary from |
About Manulife
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