TSX/NYSE/PSE: MFC SEHK:945
88,751 hours volunteered with local charities by employees and agents
17 per cent reduction in greenhouse gas emissions intensity since 2009
$5.9 billion in loans and investments made to businesses to fuel their
TORONTO, May 1, 2014 /CNW/ - Manulife today released its 2013 Public
Accountability Statement. The annual statement provides broader context
to Manulife's operations and highlights some of the ways in which it
supports the economic, environmental and social well-being of
customers, employees and communities where it operates.
"We believe that our greatest contribution to society comes from our
products and services, which help people with their big financial
decisions, provide more certainty in highly uncertain times and help
them plan for the future," said Donald Guloien, President and Chief
Executive Officer, Manulife. "Excellence in how we manage our
operations, design and deliver our products and services, and
contribute to our communities is equally important."
Highlights from 2013
Manulife continued its long-standing tradition of creating positive
social change in the communities in which it operates. Manulife
employees and agents volunteered 88,751 hours of their time in 2013 to
causes near and dear to them. Manulife, its employees and its programs
contributed $25.2 million to more than 1,000 community organizations
around the world, focusing on health and wellness and the empowerment
Manulife made significant investments in the transition to a more
sustainable economy. Since 2009, Manulife has reduced the intensity of
greenhouse gas emissions in its real estate operations by 17 per cent.
It helps others to do the same by financing nearly $1 billion of
renewable energy and energy efficiency projects in 2013 alone.
Manulife's products and services and its operations contributed to
economies worldwide. With more than 20 million customers around the
world, the company paid out claims, cash surrender values, annuity
payments and other benefits worth $19 billion in 2013. Manulife also
made $5.9 billion in loans and investments to help businesses fuel
Additional details about Manulife's commitment to social responsibility,
environmental sustainability, excellence in business conduct and
corporate governance can be found in the Public Accountability
Statement, available online at www.manulife.com/governance.
About Manulife Financial
Manulife Financial is a leading Canada-based financial services group
with principal operations in Asia, Canada and the United States.
Clients look to Manulife for strong, reliable, trustworthy and
forward-thinking solutions for their most significant financial
decisions. Our international network of employees, agents and
distribution partners offers financial protection and wealth management
products and services to millions of clients. We also provide asset
management services to institutional customers. Funds under management
by Manulife Financial and its subsidiaries were approximately C$635
billion (US$574 billion) as at March 31, 2014. The Company operates as
Manulife Financial in Canada and Asia and primarily as John Hancock in
the United States.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE,
and under '945' on the SEHK. Manulife Financial can be found on the
Internet at manulife.com.
SOURCE: Manulife Financial Corporation
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