Manulife accelerates portfolio decarbonisation as it commits to net zero
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Performance goals linked to climate action plan
Manulife s commitments include steering investment portfolio to net zero by 2050 and reducing scope 1 and 2 emissions 35% by 2035
Manulife has committed to net zero emissions by 2050 across its full range of investments and operations, as the asset manager highlights the need to tackle climate change.
In order to steer its own investment portfolio to net zero by 2050, it is taking a sector-based approach, focusing first on the heavy emitting industries, such as power generation, to establish near-term emissions reduction targets.
Manulife Releases 2020 Sustainability Report and Public Accountability Statement
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TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, May 7, 2021 /PRNewswire/ - 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
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TORONTO — Manulife Financial Corp. says its core net profits surged in the first quarter but overall net income attributed to shareholders was lower due to a steepening yield curve in North . . .
Manulife core earnings surge in Q1 on contribution from higher new business
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Signage is seen on Manulife Financial Corp. s office tower in Toronto, Tuesday, Feb. 11, 2020. THE CANADIAN PRESS/Cole Burston
TORONTO – Manulife Financial Corp. says its core net profits surged in the first quarter but overall net income attributed to shareholders was lower due to a steepening yield curve in North America.
The insurer and financial services company says its core earnings were $1.63 billion or 82 cents per diluted share for the three months ended March 31, compared with $1.03 billion or 51 cents per share a year earlier.