Manulife Named to Corporate Knights’ Best 50 Corporate Citizens in Canada for Sixth Consecutive Year
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Recognition highlights Manulife’s leadership across its investment activities as a global asset manager and asset owner
Toronto – Manulife (TSX: MFC) is proud to announce it has been named one of Corporate Knights’ Best 50 Corporate Citizens in Canada for the sixth consecutive year, which evaluates Canadian organizations across a range of sustainability performance indicators.
The ranking is based on a rigorous assessment of public companies with revenue over US$1 billion across performance indicators spanning resource management, sustainable revenue and investment, employee and financial management, and supplier performance. The methodology emphasizes quantitative, comparable metrics and benchmarks companies against industry peers, providing a transparent view of corporate sustainability performance.
“We’re proud to be recognized as one of Canada’s most sustainable companies, reflecting the meaningful steps we are taking to help people live longer, healthier, and more financially secure lives,” said Brian Kernohan, Chief Sustainability Officer, Manulife Investment Management, and Acting Global Chief Sustainability Officer, Manulife. “Empowering health, wealth, and longevity is a priority within Manulife’s refreshed enterprise strategy and aligns with our commitment to the communities where we operate through our Impact Agenda.”
Manulife’s continued inclusion in the ranking reflects its focus on integrating sustainability across its investment activities as a global asset manager and asset owner. Highlights from the year include being recognized as one of the world’s leading natural capital investment managers, underscoring its long-standing focus on timberland, agriculture, and sustainable real assets[1], and continued progress against its Climate Action Plan, which includes a commitment to achieving net-zero emissions in its General Account investment portfolio by 2050, and reducing absolute emissions from its owned and operated real estate, timberland, and agriculture assets by 40% by 2035, relative to a 2019 baseline.
Manulife’s full scorecard is available on the Corporate Knights website.
To learn more about sustainability at Manulife, visit manulife.com/sustainability.
Caution regarding forward-looking statements
This document contains forward-looking statements, which are made pursuant to the “safe harbor” provisions of Canadian provincial securities laws and the U.S. Private Securities Litigation Reform Act of 1995, including statements with respect to our Climate Action Plan, the transition to net zero and our sustainability commitments.
Certain material factors or assumptions are applied in making forward-looking statements and actual results may differ materially from those expressed or implied in such statements. The factors and assumptions which may impact the forward-looking statement in this document include limited availability of quality emissions and issuer data; variations in measurement methodologies; varying sector specific decarbonization efforts and our ability to implement decarbonization initiatives; shifting stakeholder and regulatory expectations; evolving economic conditions, technological advancements, and public policies; balancing sustainability commitments with an orderly transition across regions; and strategic, market, reputational, system and environmental risks. We caution that there are inherent limitations and uncertainties with available climate data and scenarios, and with quantification methodologies, that may impact our underlying assumptions and estimations.
Manulife’s commitment to achieve net zero financed emissions within our General Account’s investments by 2050 does not include investments of our third-party clients, which are managed by Manulife’s Global Wealth and Asset Management business. Our reporting on progress towards achieving our short-term and long-term targets relies on various external frameworks, methodologies, taxonomies, and other standards, which may change over time, resulting in changes to, or restatements of, our reporting processes and results.
The forward-looking statements in this document are, unless otherwise indicated, stated as of the date hereof. We do not undertake to update any forward-looking statements, except as required by law.
About Manulife
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Investment Management, the global brand for our Global Wealth and Asset Management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2023, we had more than 38,000 employees, over 98,000 agents, and thousands of distribution partners, serving over 35 million customers. We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.
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[1] IPE Real Assets top 50 natural capital managers 2026
