Manulife receives high score in annual ESG assessment reportBy The IJ Staff | August 23 2019 01:30PM
Manulife Investment Management announced this week that it received top scores in the annual Principles for Responsible Investment (PRI) Environmental, Social and Governance (ESG) annual assessment report for 2018.
Supported by the United Nations, the PRI works to understand the investment implications of ESG factors and help companies incorporate those factors into their investment and ownership decisions. As a PRI signatory, Manulife says it has committed to following the PRI’s six responsible investing principles which include annual disclosures and an evaluation of the company’s responsible investing efforts. The company received an A+ for its approach to integrating ESG considerations into business investment practices across a range of asset classes. It received another A in all other direct investment and active ownership PRI modules for which it was assessed.
Alongside the rankings from PRI, Manulife also released its inaugural Sustainable and Responsible Investing Report for the business, which gives clients and stakeholders an overview of the company’s philosophy, guiding principles, and approach to sustainable investing and investment decision making.