BOSTON, TORONTO and LONDON, Nov. 18, 2021 /CNW/ – Manulife Funding Administration launched right now its third annual sustainable and accountable investing report for its institutional investment management enterprise. The report shows its ongoing dedication to sustainability, as curiosity On this space proceeds to develop The world over.
Manulife Funding Administration Emblem (CNW Group/Manulife Funding Administration)
The report docs vital progress throughout three key spaces of the agency’s sustainability efforts: ESG integration, lively stewardship, and worldwide collaboration To deal with systemic sustainability factors.
Paul Lorentz, President and CEO at Manulife Funding Administration, said: “Our efforts assist our consumers’ goals and assist bolster the environmental and social foundations that allow The worldwide financial system to carry out. Our precedence is to proceed to increase our sustainable investing capabilities throughout Private and non-private asset packages To fulfill our consumers’ evolving wants.”
Developments in sustainability
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In 2020, Manulife Funding Administration had 1,122 work togetherment work togetherions with 985 equity And glued-income issuers worldwidely and launched a proxy voting dashboard To disclose proxy voting data.1 Tright here was a acutely conscious shift in focus from simply quantity of conversations to outcomes-based mostly work togetherments To deal with supplies sustainability hazards.
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Manulife Funding Administration invested further in its sustainability groups, which have grpersonal from 16 to 25 sustainability professionals worldwidely as of 12/31/20.
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The agency was Definitely one of solely 20 investment supervisors included Inside the 2020 PRI Leaders’ Group in recognition of superior efforts in local climate reporting.
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Constructing on its superior ESG integration efforts throughout asset packages, the agency increaseed its sustainability offering by way of the launch of Pretty A pair of strategies with particular sustainability goals and made An monumental influence-first timberland investment Which will primarily be used for carbon sequestration and storage.2
Brian Kernohan, chief sustainability officer, private markets, suggestions: “Our objective as an asset supervisor is to destayr strong hazard-adsimplyed investment returns for our consumers over time wright hereas having a constructive influence on the environment and society by way of strong stewardship. We think about a dedication to sustainable investing Is important for buyers To understand success.”
Peter Mennie, worldwide head of ESG integration and evaluation, public markets, concludes: “We’re Joyful with our contributions in pursuit of extra sustainable enterprise practices throughout the …….