The report outlines Manulife's approach, performance, and achievements in relation to its sustainability efforts. The report is informed by the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB) standards, the Task Force on Climate-related Financial Disclosures (TCFD), the United Nations Sustainable Development Goals (SDGs), and the Stakeholder Capitalism Metrics published by the International Business Council of the World Economic Forum. The report highlights Manulife's progress on its Climate Action Plan, including establishing science-based targets for its General Account portfolio, with the aim to achieve net zero by 2050. Manulife also contributed $25.1 million in total community investments globally, including a $1 million commitment to the World Central Kitchen (WCK) to support global disaster response, emergency preparedness, and resiliency. The report also covers the company's commitment to diversity, equity, and inclusion, through initiatives such as mandatory unconscious bias training for all employees and the launch of the Legacy Space program at its Canadian segment headquarters in Waterloo.
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Manulife Financial Corporation 2022 ESG Report
Issuing Company Manulife Financial Corporation
Report Type Sustainability Report
Report Language EN
Report Filesize 45.11 MB
No. of Pages 91 pages
Reporting periodDecember 31, 2022
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards GRI; SASB; TCFD; others
Materiality Assessmenttrue