Sun Life Wins Sustainability Bond of the Year Award

Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Sun Life Wins Sustainability Bond of the Year Award

Canada NewsWire

Sun Life Sustainability Bond reflects strength of the company's new sustainability strategy

Sun Life Financial Inc. (CNW Group/Sun Life Financial Inc.)

TORONTO, March 30, 2020 /CNW/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) is pleased to announce the company has won the corporate Sustainability Bond of the Year Award. The award reflects Sun Life's increased focus on sustainable investing, one of three pillars of the company's refreshed sustainability plan. The recognition is courtesy of Environmental Finance, a leading online news and analysis service that reports on the sustainable investing and green finance of companies active in environmental markets. Winners were selected by a panel of 30 judges made up of some of the world's largest green, social and sustainability bond investors.

"We're thrilled that Sun Life's Sustainability Bond has been named a winner for this exciting award. This is further proof that we are committed to embed sustainability into our business strategy, while positively contributing to society," said Melissa Kennedy, Executive Vice President, Chief Legal Officer & Executive Sponsor of Sustainability, Sun Life. "At Sun Life, our Purpose is to help our Clients achieve lifetime financial security and live healthier lives, and we're pleased to be recognized as a company that provides more opportunities for sustainable investing in Canada."

Last summer, Sun Life announced the issuance of C$750 million benchmark-size 10-year inaugural Sustainability Bond, the first of its kind by a life insurance company globally. Distinguishing them from green bonds, Sun Life's bond and its Sustainability Bond Framework include criteria for both green and social assets. Potentially eligible social investments focus on access to essential services, facilities and equipment that contribute to the long-term health of communities while delivering excess returns to investors, such as infrastructure investments for hospitals or childcare centers. The transaction was a success, attracting positive feedback and strong investor demand.

"This recognition from Environmental Finance is further evidence of our commitment to living our Purpose throughout all aspects of our business," said Randy Brown, Chief Investment Officer, Sun Life. "We all have a part to play in the enhancement of the health and well-being of our communities, and we're proud to make a positive impact in the way Canadians invest. As part of Sun Life's investment process, we look at all investments through an ESG lens along with other non-financial considerations related to sustainability, and hope to launch more initiatives like this in the future."

In late March, Sun Life released its 2019 Sustainability Report. The report highlights Sun Life's achievements and efforts to create a more sustainable world while delivering for Clients, employees and communities. In addition, it outlines Sun Life's new sustainability plan which focuses on three key areas where Sun Life has the greatest opportunity to drive meaningful change: increasing financial security, fostering healthier lives, and advancing sustainable investing. This is underlined by Sun Life's continued commitment to be a trusted and responsible business. For more information, visit

Connect with Sun Life Financial

About Sun Life

Sun Life is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of December 31, 2019, Sun Life had total assets under management of $1,099 billion. For more information, please visit

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Note to editors: All figures in Canadian dollars

Media Relations Contact:

Investor Relations Contact:

Hannah Stewart

Leigh Chalmers

Manager, Corporate Communications

SVP, Head of Investor Relations & Capital Management

Sun Life

Sun Life



[email protected]

[email protected] 

Cision View original content to download multimedia:

SOURCE Sun Life Financial Inc.

Cision View original content to download multimedia:

Copyright CNW Group 2020

Comment On!

Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to (via Easy Blurb).