Climate | Sustainability at Manulife

We recognize the threats posed by climate change to our business, public health and the livelihoods of the communities in which we operate. We are taking steps to reduce our environmental footprint, support the transition to a net zero future, and invest in climate change mitigation and resilience.

Our climate approach

Our Operations: Reducing emissions to lessen our footprint

Given our long-standing investments in timberland and agriculture, as an organization, we remove more carbon from the atmosphere than we emit in our operations. We are committed to reducing absolute scope 1 and 2 emissions 40% by 2035.

Our Owned Investments: Actively investing for a sustainable future

We acknowledge the important role continued progress on financed emissions will have on our enterprise-wide climate impact. We are committed to a net zero General Account investment portfolio by 2050. As part of this commitment, we have developed a combination of sector-specific and asset-class specific targets for the financed emissions of our General Account. We will continue to grow our $45.2 billion in green investments, such as renewable energy, energy-efficient and net zero carbon real estate, sustainable forestry, and sustainable agriculture.

Our Products and Services: Contributing to climate change mitigation and resilience

As a global life insurer and asset manager, we understand the connection between our environment and human health. We’re in a position to provide nature-based solutions to mitigate climate change. That is why we’re accelerating the pace of innovation around developing products that both solve investor needs and help create a more sustainable future.

A message from our President and CEO

“In making clear commitments on climate, we are setting a robust plan for our operations and our own investments. We are actively developing innovative products and services designed to contribute towards the urgent, global fight against climate change.”

Roy Gori

Our progress: Supporting the transition to a low carbon economy

$70.9 billion in sustainable investments

General Account and private third-party assets

$2 billion in Green Bonds

Green bond issuance amount is now more than $2 billion

100% of owned forests are certified

Certified sustainable by third parties

Sustainable real estate

82% of Manulife Investment Management’s Real Estate investment portfolio is certified to a green building standard

$39.8 billion in green investments

Renewable energy and energy efficiency, green buildings, and green bonds

$1 billion in Green Bonds

Green bond issuance amount is now more than $1 billion

100% of owned forests are certified

Certified sustainable by third parties

2 sustainable investing solutions

Manulife Investment Management launched the Sustainable Asia Bond strategy and Global Climate Pooled strategy offering sustainable investment options (Not all investments available to all investors in all jurisdictions.)

Download our 2022 Environmental, Social and Governance Report Download

Download our 2020 Sustainability Report

Download

Stories on the impact we've made

Manulife Investment Management acquires U.S. timberlands for impact-first investment

New investment solutions favour companies with strong strategies to reduce carbon emissions

Manulife Investment Management expands impact investing & natural climate solutions team

Manulife Investment Management achieves BOMA Best Platinum for Manulife Place in Edmonton

Using the Paris Agreement on climate change as a long-term investment framework

What is ESG investing? A spectrum of approaches

Manulife’s young leaders tackle rising pollution from single-use face masks

View our Resources

Policies

Environmental Policy

Climate change Statement

Green Bond Framework

Disclosures

2022 Environmental, Social and Governance Report

2022 CDP Submission

Climate Action Implemention Report

Manulife Investment Management

We are a global leader of sustainable asset management across our diverse portfolio of investments.

Manulife Investment Management

Manulife Investment Management Real Estate

We incorporate sustainability into every stage of our real estate value chain.

Manulife Investment Management Real Estate

Manulife Investment Management Timberland

We manage our forests as good stewards of the land, the environment, and the community on behalf of our investors.

Manulife Investment Management Timberland

Manulife Investment Management Agriculture

As a responsible steward of farmland, we produce sustainable food and fibre, and seek to operate in a way that improves the environment, nourishes communities and empowers our people.

Manulife Investment Management Agriculture