| TSX/NYSE/PSE: MFC | SEHK:945 |
TORONTO, May 7, 2015 /CNW/ - Manulife today released its 2014 Public Accountability Statement. The annual statement highlights some of the ways in which Manulife and John Hancock support the economic, environmental and social well-being of customers, employees and communities where it operates around the world. The statement also outlines Manulife's commitment to social responsibility, environmental sustainability, excellence in business conduct and corporate governance.
Highlights from 2014
- $7.7 billion invested in renewable energy and energy efficiency projects since 2002
- 88,694 hours volunteered to local charities by our employees and agents
- Lead investor in the first independently certified green bond in the United States
- $6.5 billion in loans and investments made to businesses to fuel their growth
- Contributed $32.8 million to non-profit organizations through the Company, its employees and its programs
"We're helping to build a better future by providing products and advice that offer customers peace of mind, a means to attaining personal aspirations, a comfortable retirement, and help when they or their families need it most. We manage our operations with integrity and deliver measurable results on a range of economic, environmental and social factors," said Stephani Kingsmill, Executive Vice President, Human Resources and Communications. "For the last three years, Manulife has earned a position on the Dow Jones Sustainability North America Index."
This year Manulife adopted the London Benchmarking Group (LBG) model for reporting on 2014 community investments. The LBG model is a global standard for reporting corporate community investments that enables a consistent definition across investment styles, industries, sectors and diverse operating environments. In adopting the new standard, Manulife engaged LBG Canada to perform an audit of its community investment portfolio to ensure the standard has been applied consistently and that the figures reported are an accurate reflection of the value of the portfolio.
Manulife's Public Accountability Statement is online at www.manulife.com/governance.
About Manulife
Manulife is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. We operate as John Hancock in the U.S. and as Manulife in other parts of the world. We provide strong, reliable, trustworthy and forward-thinking solutions for our customers' significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Assets under management by Manulife and its subsidiaries were approximately C$691 billion (US$596 billion) as at December 31, 2014.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife can be found on the Internet at manulife.com
SOURCE Manulife Financial Corporation
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