2023
Sustainable and responsible investing report

Discover our approach to ESG integration, stewardship, and collaboration.

ESG integration

  • Incorporate material ESG considerations throughout the stages of our investment and asset ownership lifecycles1 in alignment with our clients’ financial objectives
  • Seek to strengthen the potential risk/reward profile of our clients’ portfolios
  • Exercise rights to encourage best practices in sustainability factor reporting and management (e.g., proxy voting)

Stewardship

  • Engage with companies to address sustainability-related challenges and enhance sustainability-related opportunities
  • Seek to protect and enhance the value of assets we operate

Collaboration

  • Seek to collaborate with organizations across the world to amplify our impact on global, systemic issues2
  • Expand the scope of our sustainability-focused activity as we strive to build more resilient portfolios and help steer the markets toward more sustainable outcomes

1 We look to incorporate material environmental, social, and governance (ESG) considerations throughout the stages of our investment and asset ownership lifecycles, taking into account the characteristics of the asset class and investment process in question, as well as industry and geography, among other factors. Each investment team operates in different markets and with different nuances to its approach to investing. Accordingly, each team integrates ESG factors into its investment process in a manner that best aligns with its investment approach. Exceptions to this are strategies in which ESG integrated investment approach is impractical or impossible; for example, in relation to certain instrument types where sustainable comparable alternatives are unavailable, passive products, funds that invest in derivative instruments, products managed in accordance with specific client objectives, and delegation to third-party investment managers. Refer to Manulife Investment Management's sustainable investing and sustainability risk statement for more details. 2 While participating in a variety of collaborative engagements, we retain discretion and make unilateral and independent investment decisions.

The disclosures in this report cover the activities of the investment management teams of Manulife Investment Management’s public and private markets businesses. The report does not cover the activities of nonaffiliated investment managers who manage some client assets on our behalf. All information in this report is as of December 31, 2023, unless otherwise indicated. The report was published August 2024.

“Our effectiveness as an asset manager is judged by how well we’re meeting the needs of our clients and positively affecting the lives of beneficiaries. Sustainable investing is integral to our efforts to pursue these objectives.”

Paul R. Lorentz, President and CEO, Manulife Investment Management

Our PRI scores

Manulife Investment Management’s scores in the Principles for Responsible Investment (PRI) 2023 annual responsible investment assessment report

 

Important disclosures

Manulife Investment Management is a signatory to the UNPRI and pays a signatory fee calculated based on AUM as reported in the PRI's latest Annual Reporting and Assessment Framework, published in December 2023. It is compulsory for signatories to report on their responsible investment activities annually. The PRI assesses a signatory's activities according to its assessment methodology, and its output includes the PRI Assessment Report and Transparency Report from which this summary scorecard was sourced. Visit the PRI website for details and assessment methodology.

The percentage score is based on the points scored in all applicable assessed indicators for each module. It is calculated as the total points achieved divided by the total points available (only considering applicable indicators) in the module. Indirect modules relate to the ‘Manager Selection, Appointment and Monitoring (SAM)’ modules of the PRI reporting framework.

1 Manulife Investment Management currently does not manage any passive equity strategies where the investment mandates or policies permits us to incorporate ESG considerations into investment decisions. For assets managed by our passive listed equities strategies, we are an active steward where we review and vote proxy and engage investee companies.

See our 2023 PRI assessment report

Download the report

See our 2023 PRI transparency report

Download the report

 

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