|Date joined:||21 April, 2005|
|Initiatives:||Principles for Sustainable Insurance|
Manulife Financial was founded in 1887 as The Manufacturers Life Insurance Company in Canada. Manulife Financial is a major insurance company and financial services provider. Its global head office is located in Toronto, Ontario, with worldwide operations, most notably in the United States (through its subsidiary, John Hancock Insurance) and in 19 unique Asian countries and territories, including China and Hong Kong. Manulife currently has 47,000 employees and agents. Manulife Financial is the largest insurance company in Canada, the second largest in North America and the world’s fifth largest, based on market capitalization. Manulife ranks number 91 on the Forbes Global 2000 list (2008 edition); by that measure, it is the second largest company in Canada. The Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$400 billion (US$389 billion) as at March 31, 2008. Manulife Financial is one of two publicly traded life insurance companies in the world whose rated life insurance subsidiaries hold Standard & Poor’s Rating Services’ highest “AAA” rating. Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found at http://www.manulife.com.
Manulife Financial & Sustainability
Manulife Financial Corporation’s 2007 Public Accountability Statement, detailing the Company’s philanthropic and sustainability efforts and environmental stewardship is now available for download.
In 2007, Manulife donated more than $25 million to some 600 non-profit organizations and its employees contributed some 60,000 volunteer hours to the communities in which we operate in Canada, the United States and Asia. Manulife aspires to the highest standards of environmental responsibility. With a wide focus on sustainable business practices, Manulife seeks to be a leader in environmental management through its operations and investments.
Manulife’s Public Accountability Statement outlines the Company’s efforts in governance, employee programs, philanthropy and environmental policies, and how through these programs, Manulife strives to be the most professional life insurance company in the world.
Manulife Financial & Sustainability on the web