This prestigious annual ranking is based on non-traditional success criteria such as strategic governance, environmental initiatives, corporate citizenship and employee practices.
Sun Life Financial is one of five Canadian companies, and the only Canadian insurer, on the Global 100 list recently unveiled at the World Economic Forum in Davos, Switzerland.
Investment advisory firm Innovest reviewed the practices of more than 1,800 companies to compile the ranking. According to the Global 100 website, corporations such as Sun Life Financial are sustainable because they "make money for their shareholders, enhance their national and local communities of operation, leave as small a footprint as possible on the environment, treat employees well, and keep customers happy."
In the Philippines, for instance, Sun Life has sustained its S.H.A.R.E.S (Sharing Hope and resources for Education and Social Services) program with education, health care, youth development and social welfare as major thrusts in its philanthropic activities.
Sun Life Philippines launched its "Tabang Leyte" project to help the victims of the tragic mudslide disaster in Southern Leyte.
The company’s staff and agents were able to raise some P300,000 in cash and loads of donations in kind ranging from clothes, food, medicines and other basic needs.
The local donations were complemented by the CDN$50,000 (P2.3-million) cash donation extended by the Corporate Office in Canada.