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Sustainability

Global Sustainability Report 2023 Performance

Our commitment to sustainability brings our Purpose to life. In this report, you can read our global sustainability performance in 2023.

View Report

 

Global Sustainability Report 2023 Performance

Our commitment to sustainability brings our Purpose to life. In this report, you can read our global sustainability performance in 2023.

View Report

 

Our sustainability ambition

Serving Filipinos for 128 years, Sun Life has always prioritized sustainability – not just in its Philippine office but also in the global organization where it belongs. As a life insurance and asset management business, we are naturally aligned with the Sustainability Development Goals, apart from pursuing philanthropic and environmental projects.

Sun Life commits to a sustainable future by creating a positive impact on our stakeholders in the way we operate. We aspire for our people and our solutions to make a difference in Filipino lives, empowering them to achieve financial security and healthier living for generations to come

This north star redefines how we view success, stay relevant, and become sustainable—challenging pre-existing standards for industry leadership.

Our focus areas in the Philippines

Aligning with the United Nations Sustainable Development Goals, we have identified five focus areas:

Increasing Financial Security. We aim to help Filipinos take positive financial actions through quality advice empowered by relevant solutions, augmented by financial inclusion programs. In addition, we provide meaningful employment by growing our advisory force and equipping them to reach more Filipinos with technology and upgraded capabilities.

Fostering Healthier Lives. We aspire to improve the health and well-being of our clients by helping them make better health choices and providing holistic solutions along their health journey.

Advancing Sustainable Investing. This supports the transition towards a low-carbon economy and opens up opportunities for our clients to invest in financial solutions that have incorporated Envionment, Social, and Governance (ESG) criteria in the investing process.

Operating as a Trusted and Responsible Business. This inspires our transformation efforts to win clients’ trust and deliver exceptional client experiences. At the same time, we strive to develop a diverse and inclusive community of talents with work-life satisfaction and continuous pride in the company. We aim to operate with the future and climate in mind by reducing our negative environmental impact. Lastly, we continue to nurture a culture of sound corporate governance, which has proven to be vital in keeping long-term promises reliably.

Uplifting Communities. Our corporate social responsibiliy arm, the Sun Life Foundation prioritizes programs according to the following pillars: Education & Financial Literacy, Community Health, and Environment Conservation.

Sustainability highlights

Our corporate sustainability plan at Sun Life Philippines aligns with our purpose of helping our clients achieve lifetime financial security and live healthier lives. Below are a few of the initiatives we’ve launched in line with our goals.

Brighter Life Institute

After launching the first financial literacy multimedia campaign in the Philippines, Sun Life remains committed to helping more Filipinos achieve financial security. Our Brighter Life Institute videos aim to help Filipinos take the first tep towards a brighter future.

Youth Physical Activity Report Card

In a bid to help the Filipino youth become more active, we partnered with the Active Healthy Kids Global Alliance to identify the obstacles so we can come up with more targeted solutions.

Promoting Diversity, Equity, and Inclusion

Creating a safe space where employees and advisors feel respected and connected, no matter their age, culture, gender, religion, sexual orientation, abilities, and disabilities is our priority.

Safe Space Series

With the growing concerns over mental health, especially amid the uncertainty and fear brought about by the COVID-19 pandemic, Sun Life partnered with the Philippine Mental Health Association, Inc. to launch Safe Space, a webinar series.

Sun Life Barangay Health Stations

Sun Life Foundation partnered with the Health Futures Foundation, Inc. to build Sun Life Barangay Health Stations in various remote areas to bring primary healthcare to those who need it most.

Sun Pera-Aralan

Sun Life Foundation’s flagship financial management program for public school teachers, now has over 30,000 participants in the National Capital Region (NCR).

A Message from our CEO & Country Head and Chief Sustainability Officer

“I am excited about the positive impact that our sustainability ambition will bring, as it unifies the direction that our employees, advisors, and partners will live out in their day-to-day lives.

To bring our sustainability ambition to life, we have appointed the most senior leaders in the company to champion each of our focus areas as members of a formal sustainability governance body. In demonstrating our commitment, I have taken on the role and accountability of leading this body as Chief Sustainability Officer.

Sun Life has lasted this long because we have always focused on our purpose and our clients. We will continue challenging ourselves to create positive impact and build a more resilient Sun Life for a brighter Philippines.” 

 

BENEDICT SISON

CEO & Country Head and Chief Sustainability Officer

Sun Life Philippines

Products for Life Sustainability

Life Armor is a life insurance plan that covers against accidents and illnesses. It is available for registered members of Lazada Philippines, GCash, and Moneygment.

The Sun Life Prosperity Peso Starter Fund is a mutual fund designed to provide potential higher annual returns than your standard savings account. Investments start at P100.00.