
Launched new digital solutions across the region and partnered with two new bank distribution networks in Vietnam to make it easier for millions of Clients to get the coverage and advice they need.
Grew the availability of products and services to help Clients in Asia increase their financial security. For example, thanks to Sun Life's digital coach, Ella, Clients placed $700 million in savings products and obtained $1 billion of insurance coverage. Helped Clients in Canada take 1.2 million positive financial actions. Introduced a new Environmental, Social and Governance (ESG) evaluation framework that helps Clients make informed decisions for sustainable investing through Sun Life's Canadian Group Retirement Services business. Broadened SLC Management's alternative investment solutions for institutional Clients to include infrastructure equity and advance sustainable investment options through the majority acquisition of InfraRed Capital Partners. These assets and businesses contribute to a low-carbon and more inclusive economy, and meet criteria based on market standards. Reached over $60 billion in sustainable investments across its general account and third party investments (as at December 31, 2020). Selected highlights from Sun Life's 2020 Sustainability Report: It is about taking actions that drive social outcomes for our Clients, employees and communities over the long term," added Kennedy. "For Sun Life, sustainability means more than simply being accountable. Sun Life's 2020 Sustainability Report shows many actions and outcomes where the company has helped its Clients around the world overcome the health and economic impacts of 2020. These events heightened and highlighted the importance of sustainability. "Our approach to sustainability is integrated into our strategic priorities and purpose and builds on our foundation as a trusted and responsible business."Ģ020 marked a year of extraordinary global events, all of which impacted societal health, equity, the environment and economies around the world. We're committed not only to advancing our sustainability objectives but also championing and contributing to sustainability within our respective industries and in the business communities where we operate," said Melissa Kennedy, Executive Vice-President, Chief Legal Officer and Public Affairs and Executive Sponsor of Sustainability, Sun Life. "As a global leader, Sun Life plays a critical role in driving positive change. Sun Life issued the results of its sustainability performance and initiatives, demonstrating its ongoing commitment to sustainability in areas where they have the most positive impact on society and the environment. It also reports on topics related to operating as a trusted and responsible business: diversity, equity and inclusion, data security and privacy, governance and ethics.
The report highlights the organization's progress and commitment to sustainability focusing on three key areas: sustainable investing, financial security and healthier lives.
("Sun Life") (TSX: SLF) (NYSE: SLF) today published its 2020 Sustainability Report and its 2020 Public Accountability Statement. TORONTO, Ma/CNW/ - Sun Life Financial Inc.