Sunlife manages transition risk in commercial real estate by measures that include reducing carbon emissions through energy efficiency, lifecycle planning, and decarbonization initiatives in office buildings.
Sunlife completes second sustainability bond offering
In July 2023, Sunlife issued a $500 million 7-year Sustainability Bond.
Following the success of Sunlife’s inaugural sustainability bond offering, which won the Corporate Sustainability Bond of the Year Award from Environmental Finance in 2020, this second sustainability bond helps deliver on Sunlife’s aspiration to advance sustainable investing. Sunlife will use an amount equivalent to the net proceeds from the offering to finance or refinance, in whole or in part, new and/or existing green or social assets that meet the eligibility criteria set out under Sunlife's Sustainability Bond Framework.