At Sun Life Financial, sustainability is defined as taking accountability for our environmental, social and governance practices in ways that deliver value to our customers, employees, shareholders and communities. Our focus on sustainability reflects the long-term nature of commitments we make to our customers, strengthens the company, and positions future generations to meet their needs.
Our commitment focuses on several main areas:
Ensuring strong corporate governance
Our approach to corporate governance is founded on nearly 150 years of guiding our customers’ financial futures. We have developed processes that ensure consistent governance throughout Sun Life.
Our Board of Directors strives for continual improvement in its corporate governance processes and practices, contributing to Sun Life’s long-term success.
Healthier lifestyles, healthier futures
Sun Life focuses on programs to help fight disease and improve wellness around the world.
In 2012, together with our international partners, we contributed more than $6 million to various initiatives, including our largest-ever investment in a single health cause – diabetes.
Investing in arts and culture
We believe that arts and culture make a tremendous contribution to our communities.
In 2012, Sun Life provided more than $2.3 million to continue our support of arts and culture.
Investing in knowledge – the foundation for a stronger future
We invest in education and learning across a variety of financial, academic and theoretical disciplines, such as Credit Education Week and the Perimeter Institute for Theoretical Physics in Canada.
In the U.S., our Sun Life Rising Stars Awards program continued to provide grants to non-profit organizations and scholarships to deserving students across the country.
The Sun Life Financial Philippines Foundation supports and enhances programs of importance to Filipinos, including health, education and social improvements.
In Indonesia, we made donations in 2012 to provide support to 2 public elementary schools.
Giving back to our communities
Sun Life continued to support charitable, non-profit and community programs around the world in 2012.
In Canada, we have supported United Way/Centraide for more than 70 years. United Way/Centraide is one of the largest providers of funds to the volunteer and social service sector in the country. In 2013, we will receive a "Thanks a Million" award for the 10th consecutive year in recognition of our efforts in generating more than $1 million in donations to help support a network of 87 agencies across the country.
In the U.S. we continued our support across the nation, including Boston Cares' “Community Day Care” in Boston, Massachusetts and Junior Achievement’s “JA for a Day” program in Windsor, Connecticut.
In Asia, Sun Life Hong Kong’s volunteer group, Sun Life Shining Action, supports a wide range of charities and organizations.
Sun Life Everbright (SLEB) in China’s SLEB Walk, supported by the State General Administration of Sport, promotes low-carbon, green and healthy lifestyles.
Our sustainable environmental practices continue to be an area of focus. We have taken steps to advance environmental sustainability within our own operations and on a global level.
In 2012, Sun Life was recognized at the national, North American and global levels for our sustainability initiatives. We are a member of the Dow Jones Sustainability Index North America for 2012-2013 and we were again listed in the Financial Times and London Stock Exchange’s FTSE4Good Index, which recognizes companies meeting globally recognized standards for environmental sustainability, social betterment, stakeholder relations and human rights protection. We’re also proud to be one of the 2013 Global 100 Most Sustainable Corporations in the World for managing social, environmental and governance issues.
Read more about these priorities in our Public Accountability Statement and Sustainability Report.
We’re proud that we are helping to make a difference around the world. Read our achievements to see the awards and recognition that Sun Life, our employees and our global partners have received.
In their own words
“Canadian Blood Services attributes our success to the ongoing generosity of our valuable corporate partners. Sun Life's financial gift to our ‘Campaign For All Canadians’ is vital as we continue to build our national public cord blood bank.”
Dr. Graham D. Sher, Chief Executive Officer, Canadian Blood Services