Sustainable investing

Sustainable investing

We aspire to deliver sustainable returns for Clients and drive the transition to a low-carbon, inclusive economy.

Sustainable investing

We aspire to deliver sustainable returns for Clients and drive the transition to a low-carbon, inclusive economy.

To pursue our aspiration, we manage capital with environmental, social and governance (ESG) factors embedded in our investment processes, offer our Clients sustainable investing opportunities and invest assets to support a low-carbon and more inclusive economy.

Our work is aligned to Sustainable Development Goals #7 Affordable and Clean Energy and #13 Climate Action.

Sustainable investing: Material topic

Our world is increasingly affected by (ESG) issues. Climate change. Social inequality. Ethical conduct. Sustainable investing can help us deliver on our Purpose, while making a positive impact on society. Learn about how we’re directing capital to support the transition to a low-carbon economy

Goals

  • $20 billion in new investments from 2021-2025 in assets and businesses that support the transition to a low-carbon and more inclusive economy

    On track - $14.2 billion invested since 2021, with $6.5 invested in 20221

  • Net-zero greenhouse gas (GHG) emissions in our investments by 2050. We set this goal across our global operations as well  – refer to Trusted and Responsible Business.

    In progress – several interim targets established or under development for our asset management businesses and for Sun Life’s general account. Refer to our Net Zero by 2050 report for the latest updates.

Our stories of impact

Enabling Indigenous-owned power infrastructure

Net zero by 2050: Sun Life’s climate journey

Preparing Sun Life’s real estate portfolio to be ‘Net-Zero Ready’

1 Criteria for investments based on ICMA Green Bond Principles, ICMA Social Bond Principles, ICMA Sustainability Bond Principles, GRESB Real Estate Benchmark, and PRI Impact Investing Market Map. Where issuers do not obtain a third-party opinion or provide an internal opinion on their issuance, our investment professionals apply judgment to assess whether the use of proceeds meets the standards set out in the ICMA principles. Does not include all holdings in companies that may be defined as sustainable under other taxonomies.

Refer to Sustainability Data Scope.