Manulife Investment Management Limited, a prominent player in the financial services industry, is headquartered in Canada and operates extensively across North America and Asia. Founded in 1887, the company has established a strong reputation for its comprehensive investment solutions, including asset management, private equity, and real estate investments. With a focus on delivering innovative financial products, Manulife Investment Management stands out through its commitment to sustainability and responsible investing. The firm has achieved significant milestones, including recognition for its robust investment strategies and client-centric approach. As a subsidiary of Manulife Financial Corporation, it holds a strong market position, catering to a diverse clientele that includes institutional investors and individual clients alike.
How does Manulife Investment Management Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Manulife Investment Management Limited's score of 74 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Manulife Investment Management Limited reported total carbon emissions of approximately 1.02 billion kg CO2e, comprising 36,009,000 kg CO2e from Scope 1, 16,227,000 kg CO2e from Scope 2, and 520,218,000 kg CO2e from Scope 3 emissions. This reflects a slight increase from 2023, where total emissions were approximately 572.8 million kg CO2e, with Scope 1 at 38,716,000 kg CO2e, Scope 2 at 20,703,000 kg CO2e, and Scope 3 at 513,388,000 kg CO2e. Manulife has set ambitious climate commitments, aiming for an 80% reduction in carbon output across its real estate portfolio by 2050, with a near-term goal of reducing Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company is focused on reducing absolute Scope 1 and Scope 2 emissions by 40% by 2035, targeting decarbonisation of assets it owns and operates. The emissions data is cascaded from its parent company, Manulife Financial Corporation, reflecting the corporate family's commitment to sustainability. Manulife Investment Management Limited's initiatives align with industry standards and demonstrate a proactive approach to addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 32,468,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 156,642,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Manulife Investment Management Limited's Scope 3 emissions, which increased by 1% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the primary emissions source at 1% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Manulife Investment Management Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.