Sun Life lauded in Davos

By April Scott-Clarke | February 1, 2011 | Last updated on February 1, 2011
1 min read

Sun Life Financial was among the 100 organizations named to the 2011 Global 100 Most Sustainable Corporations in the World list, which were announced on Saturday, Jan. 29 at the World Economic Forum in Davos, Switzerland.

The list includes companies from 22 countries encompassing all sectors of the economy. Sun Life Financial is the only North American insurance company named to the Global 100 list, making it the fifth time in seven years that Sun Life has been recognized.

“The nature of our business—helping individuals and families achieve lifetime financial security—is inherently responsible,” said Donald A. Stewart, Sun Life CEO. “In serving our customers, we also seek to understand the broader environmental, social and governance dimensions of our international footprint, and we work hard to meet or exceed the expectations of our stakeholders.”

The 2011 Global 100 tapped intelligence from the world’s largest sustainability research alliance to isolate the top 10% of companies from a universe of 3,000 global stocks, which were then transparently ranked based on 10 indicators using environmental, social, governance and financial data.

From its inception in February 2005, the Global 100 Most Sustainable Corporations has achieved a total return of 54.95 per cent, outperforming its benchmark (the MSCI All Country World Index) by more than 16% to Dec. 31, 2010.

April Scott-Clarke