Manulife Financial Corp.
Industry Group: Insurance
Country/Region: Canada
Identifier: TSE:MFC
Manulife Financial is one of the Big Three Canadian life insurers. The firm provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. The Canadian business segment contributes approximately 22% of adjusted earnings. The Asia segment operates across 12 countries and contributes around 36% of earnings, with a significant presence in Hong Kong and Singapore. The US business, which primarily operates under the John Hancock brand, contributes about 23% of earnings and is one of the top 20 life insurers in the US. Manulife’s global asset and wealth management business contributes approximately 20% of its earnings and had around CAD 1.03 trillion in assets under management and administration as of the end of 2024.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Insurance 19 out of 303
Universe
Global Universe 1323 out of 14726
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Manulife Financial Corp. |
14.5
Low
|
19 out of 303 |
Fubon Financial Holding Co., Ltd. |
15.8
Low
|
29 out of 303 |
MetLife, Inc. |
16.4
Low
|
37 out of 303 |
Aflac, Inc. |
18.6
Low
|
63 out of 303 |
Life Insurance Corporation of India |
33.7
High
|
285 out of 303 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Manulife Financial Corp.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Manulife Financial Corp.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Manulife Financial Corp.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Manulife Financial Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level

Contributing Events

Highest Controversy Events Locations
