Manulife Investment Management Demonstrates Significant Progress in Annual Report on Sustainable and Responsible Investing

BOSTON, TORONTO and LONDON, November 18, 2021 / PRNewswire / – Manulife Investment Management today released its third annual report on sustainable and responsible investing for its institutional investment management business. The report demonstrates its continued commitment to sustainable development, as interest in this area continues to grow across the world.

The report documents significant progress in three key areas of the company’s sustainability efforts: ESG integration, active management, and global collaboration to solve systemic sustainability issues.

Paul Lorentz, President and CEO of Manulife Investment Management, said: “Our efforts support the goals of our customers and help strengthen the environmental and social foundations that allow the global economy to function. Our priority is to continue to expand our sustainable investment capabilities in public and private asset classes to meet the changing needs of our clients.

Advances in sustainability

• In 2020, Manulife Investment Management had 1,122 engagement interactions with 985 equity and fixed income issuers around the world and launched a proxy voting dashboard to disclose proxy voting records.¹ There has been a conscious shift in focus from a mere volume of conversations to results-based commitments to address material sustainability risks.

• Manulife Investment Management has invested more in its sustainability teams, which have grown from 16 to 25 sustainability professionals worldwide as of 12/31/20.

• The company was one of 20 investment managers included in the PRI 2020 Leaders Group in recognition of advanced efforts in climate reporting.

• Building on its advanced ESG integration efforts in all asset classes, the company has broadened its sustainability offering through the launch of a number of strategies with specific sustainability goals and has made an investment important in woodlands that will be used primarily for carbon sequestration and storage.²

Brian Kernohan, Director of Sustainable Development, Private Markets, comments: “Our goal as an asset manager is to provide our clients with strong risk-adjusted investment returns over time while having a positive impact on the environment and society through sound management. We believe that a commitment to sustainable investing is necessary for investors to be successful. “

The story continues

Peter Mennie, Global Head of ESG Integration and Research, Public Markets, concludes: “We are proud of our contributions to the search for more sustainable business practices around the world. We believe that incorporating all elements of sustainability investing into our conversations with company management and using measurable data points to demonstrate progress can help mitigate the impact of material sustainability risks. in our portfolios and is aligned with the best interests of our clients over the long term. “

Since becoming a PRI signatory in 2015, Manulife Investment Management has improved its sustainability practices across all asset classes and increased its involvement in initiatives to address global challenges. sustainable development.

Click on here to learn more about Manulife Investment Management’s 2020 Sustainable and Responsible Investing Report.

Manulife Investment Management

Manulife Investment Management is the global brand for the global wealth and asset management industry of Manulife Financial Corporation. We draw on over a century of financial stewardship and all of our parent company’s resources to serve individuals, institutions and pension plan members around the world. Based at Toronto, our cutting-edge capacities in public and private markets are reinforced by an investment footprint that covers 18 geographic areas. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We are committed to investing responsibly in all of our activities. We develop innovative global frameworks for sustainable investing, collaborate with the companies in our securities portfolios and maintain a high level of stewardship where we own and operate assets, and we believe in supporting financial well-being through of our workplace pension plans. Today, plan sponsors around the world rely on our pension administration and investment expertise to help their employees plan, save, and experience a better retirement.

From September 30, 2021, assets under management and administration of Manulife Investment Management, including assets under management for other segments of Manulife, totaled Canadian dollars. $ 1.1 trillion (WE $ 835 billion). Not all offers are available in all jurisdictions. For more information, please visit manulifeim.com.

1. The complete file is not accessible to the public. More information is available upon request. Proxy voting activities are carried out for public market investments managed by Manulife Investment Management. Public markets.

2. We seek to integrate important ESG considerations throughout the stages of our investment and asset ownership lifecycles, taking into account the characteristics of the asset class and the investment process in question, as well as industry and geography, among other factors. Each investment team operates in different markets and with different nuances in its investment approach. Therefore, each team integrates ESG factors into their investment process in a way that best matches their investment approach.

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SOURCE Manulife Investment Management