TSX/NYSE/PSE: MFC SEHK: 945
Global commitments include steering investment portfolio to net zero by 2050, reducing scope 1 and 2 emissions 35 per cent by 2035
Pledges commitment to the Science Based Targets initiative
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TORONTO, May 6, 2021 /CNW/ - Manulife today announced a net zero emissions commitment to support climate goals worldwide, recognizing the important role 37,000 employees, 118,000 agents, and over a trillion dollars in assets under management and administration can play in global climate solutions.
Looking across young southern pines in Byfield plantation forest to the Byfield Range in Central Queensland, Australia (CNW Group/Manulife Financial Corporation) Through the commitments we ve set out today, we are accelerating work to reduce our own emissions and build a portfolio of climate-smart investments, said Roy Gori, President and CEO, Manulife. In making clear commitments on climate, we are setting a robust plan for our operations and our own inve
Manulife Announces Journey to Net Zero
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TSX/NYSE/PSE: MFC SEHK: 945
Global commitments include steering investment portfolio to net zero by 2050, reducing scope 1 and 2 emissions 35 per cent by 2035
Pledges commitment to the Science Based Targets initiative
1
TORONTO, May 6, 2021 /PRNewswire/ - Manulife today announced a net zero emissions commitment to support climate goals worldwide, recognizing the important role 37,000 employees, 118,000 agents, and over a trillion dollars in assets under management and administration can play in global climate solutions.
Looking across young southern pines in Byfield plantation forest to the Byfield Range in Central Queensland, Australia (CNW Group/Manulife Financial Corporation)
02-07-2019
The Geneva Associationâs task force has drafted one of the most comprehensive looks at climate change risks for insurers to date, and recommends slow but steady action.
This first report by the Geneva Association Task Force on Climate Change Risk Assessment for the Insurance Industry comes at a crucial time. Regulators and central banks worldwide are beginning to look more closely at the prudential and investment risks of climate change to banks and large insurers. Public pressure and scrutiny from institutional investors are likewise increasing. If businesses do not come up with answers for managing these risks, they may be forced upon them.