2018 Sustainability Report highlights Sun
Life's global sustainability efforts
TORONTO, March 26, 2019 /CNW/ - Today, Sun Life Financial
Inc. ("Sun Life") (TSX: SLF) (NYSE: SLF) released its 2018
Sustainability Report and its 2018 Public Accountability Statement.
Sustainability is a matter of global significance and Sun Life is
dedicated to supporting international efforts in the area – through
its own programs and practices and by working collectively with
governments, businesses and community groups to advance sustainable
development solutions.
"Sustainability is central to our overall business success and
strategy," said Melissa Kennedy,
Executive Vice-President, Chief Legal Officer & Public Affairs
and executive sponsor of sustainability. "We believe this focus is
a key differentiator for Sun Life as we strive to be one of the
best insurance and asset management companies in the world."
The 2018 Sustainability Report highlights achievements in Sun
Life's key sustainability areas of focus and reaffirms its
commitment to help tackle social and environmental challenges, from
climate change to rising diabetes rates.
Sustainable Investing – Invested almost $2B in 2018 to develop resilient, safe and
sustainable infrastructure in cities and communities, bringing Sun
Life's sustainable infrastructure investments portfolio to almost
$15B.
Corporate Governance – Signed the Catalyst Accord
2022, which aims to increase the average percentage of women on
boards and women in executive positions in corporate Canada to 30% or greater by 2022. Sun Life is
currently exceeding this target with women comprising 33% of its
Board of Directors.
Digital Innovation – Teamed up with Lazada, the
leading online shopping and selling platform in Southeast Asia, to make it easier for
Filipinos to obtain insurance online, giving them access to
affordable protection products from Sun Life.
"At Sun Life, we invest for the future – for our Clients,
employees, shareholders and communities," said Dean Connor, President & Chief Executive
Officer, Sun Life Financial. "We are focused on creating a diverse
and inclusive culture – one that unleashes creativity, fosters
innovation, builds the best teams and drives value. Our relentless
focus on Clients is fueled by, and depends on, an organization that
is competitive, forward thinking and sustainable for the long
term."
For more information on the sustainability initiatives
undertaken in 2018, visit www.sunlife.com and read Sun Life's 2018
Sustainability Report and 2018 Public Accountability Statement.
About Sun Life Financial
Sun Life Financial is a
leading international financial services organization providing
insurance, wealth and asset management solutions to individual and
corporate Clients. Sun Life Financial has operations in a number of
markets worldwide, including Canada, the United
States, the United Kingdom,
Ireland, Hong Kong, the
Philippines, Japan,
Indonesia, India, China,
Australia, Singapore, Vietnam, Malaysia and Bermuda. As of December
31, 2018, Sun Life Financial had total assets under
management of $951 billion. For more
information please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New
York (NYSE) and Philippine (PSE) stock exchanges under the
ticker symbol SLF.
Note to editors: All figures in Canadian dollars
Media Relations Contact:
Alessandra Nigro
Director
Corporate Communications
T. 416-979-4884
alessandra.nigro@sunlife.com
SOURCE Sun Life Financial Inc.