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TORONTO, May 7, 2021 /CNW/ - Manulife today released
its 2020 Sustainability Report and Public Accountability Statement.
The report highlights Manulife and John
Hancock's environmental, social and governance (ESG)
performance in 2020.
"Our mission, Decisions made easier. Lives made better,
acts as a guide for everything we do. It inspires our global team
to build a business that benefits all stakeholders and has a
positive social and environmental impact," said Roy Gori, President & Chief Executive
Officer, Manulife. "Alongside our values, our mission drove
our decision-making throughout one of the most challenging periods
many of us have ever faced. COVID-19 has brought heartbreak and
loss to people around the world. At the same time, it has reminded
us of the power of community and the importance of preparing for
the future."
Some highlights from our 2020 Sustainabiility Report*:
- We exceeded our 2020 BIPOC 25% new graduate hiring target in
North America, with hiring rates
of 40% in Canada and 37% in the
U.S.
- We continued to grow our own portfolio of green investments,
investing $39.8 billion in green
investments such as renewable energy and green buildings
- Our forests and farms removed 1.77 mt of CO2e.
Further details on our ESG performance are available in
Manulife's 2020 Sustainability Report and Public
Accountability Statement, which includes the Manulife Bank Public
Accountability Report available at
https://www.manulife.com/en/about/sustainability.html
*All figures are as at December 31,
2020
About Manulife
Manulife Financial Corporation is a
leading international financial services provider that helps people
make their decisions easier and lives better. With our global
headquarters in Toronto, Canada,
we operate as Manulife across our offices in Canada, Asia,
and Europe, and primarily as
John Hancock in the United States. We provide financial
advice, insurance, and our global wealth and asset management
segment, Manulife Investment Management, serves individuals,
institutions and retirement plan members worldwide. At the end
of 2020, we had more than 37,000 employees, over 118,000 agents,
and thousands of distribution partners, serving over 30 million
customers. As of March 31, 2021, we
had CAD$1.3 trillion (US$1.0 trillion) in assets under management and
administration, and in the previous 12 months we made $31.3 billion in payments to our customers. Our
principal operations are in Asia,
Canada and the United States where we have served
customers for more than 155 years. We trade as 'MFC' on the
Toronto, New York, and the Philippine stock exchanges
and under '945' in Hong Kong.
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SOURCE Manulife Financial Corporation