How do we do it?
We invest in our buildings to make them more energy efficient and cut waste production in our offices. We web conference to reduce the need for travel. We also provide financing to developers of clean and renewable energy projects.
Investing in the future
In 2012, we focused on improving our environmental sustainability efforts in our premises and in our business practices. For example, as part of our telephony upgrade project, we reduced our power usage by 25% while ensuring that 100% of the materials from the old phones were diverted from landfills.
Sun Life Financial also continued to invest in clean and renewable energy. We provided long-term financing for 2 solar projects in St. Isidore, Ontario, consisting of an 11.6 Megawatt (MW) and 11.8 MW solar power generating sites. We were also the lead lender in long-term financing to support the construction of a 100 MW 50-turbine wind farm project in Quebec. Once completed, the project will provide energy to nearly 30,000 homes.
Working with our partners
We work with external partners to further our sustainability goals. Sun Life Financial is a signatory and respondent to the Carbon Disclosure Project, a founding member of Corporate Knights Council for Clean Capitalism and a member of the United Nations Environmental Programme Finance Initiative.
Our efforts have helped keep thousands of kilograms of solid waste out of landfills and earned us international recognition as a leader in sustainable practices. Our work has earned us a spot on the Dow Jones Sustainability Index North America. For 12 consecutive years, we’ve been included on the FTSE4Good Index, which identifies companies that meet globally recognized standards for environmental sustainability, social betterment, stakeholder relations and human rights protection.
We’re proud of what we’ve done and we’re excited about what we’ll do next. For more information on our sustainability initiatives, please read our Public Accountability Statement and Sustainability Report.