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Company Directory

Company Directory - Manulife Financial Corporation

Company Details - Manulife Financial Corporation

Manulife Financial Corporation Logo

Manulife Financial Corporation

Website

Toronto, Canada

NYSE: MFC, TSX: MFC 

Manulife Financial Corporation is an international financial services provider that offers insurance, investment, and financial advice services across multiple countries. They focus on helping clients to achieve their financial goals through a range of products tailored to their needs.

CCI Score

CCI Score: Manulife Financial Corporation

10.72

Latest Event

Manulife Lobbying Profile Highlights Corporate Political Influence

OpenSecrets released a detailed lobbying profile for Manulife Financial Corporation, outlining its lobbying expenditures during the 2023 cycle. The profile reflects the company’s active use of lobbying to potentially shape regulatory and legislative outcomes in favor of its corporate interests.

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SABOTEUR

Manulife Financial Corporation is currently rated as a Saboteur.

+10 to +24 CCI Score
Companies in this bracket take more subtle actions to undermine authoritarian practices. They might implement internal policies or support reforms that quietly weaken oppressive systems, contributing to change in less overt ways.

Latest Events

  • Manulife Lobbying Profile Highlights Corporate Political Influence Logo
    FEB
    19
    2025

    OpenSecrets released a detailed lobbying profile for Manulife Financial Corporation, outlining its lobbying expenditures during the 2023 cycle. The profile reflects the company’s active use of lobbying to potentially shape regulatory and legislative outcomes in favor of its corporate interests.

  • -40

    Political Contributions and Lobbying Efforts

    April 8

    The profile indicates that Manulife Financial Corporation engages in significant lobbying activities. Such extensive lobbying can be viewed as a means for corporate interests to exert disproportionate influence on public policy, potentially undermining democratic processes and prioritizing private gain over public welfare.

    Manulife Financial Lobbying Profile • OpenSecrets

  • Manulife Releases 2023 Sustainability Report and Accountability Statement Logo
    MAY
    08
    2024

    Manulife released its 2023 Sustainability Report and Public Accountability Statement on May 8, 2024, outlining its progress on health and well-being, inclusive economic opportunities, and sustainability. The report details enhanced employee mental health benefits, ongoing efforts towards gender and racial pay equity, and a variety of community investments, signaling the company's commitment to progressive, transparent practices.

  • +60

    Public and Political Behavior

    April 8

    The public release of a comprehensive Sustainability Report and Public Accountability Statement demonstrates Manulife’s dedication to transparency and progressive corporate communication. By openly sharing its impact on health, equity, and sustainability, the company reinforces transparency and accountability, positioning itself in opposition to authoritarian practices that favor secrecy.

    Manulife Releases 2023 Sustainability Report and Public Accountability Statement

  • +50

    Business Practices and Ethical Responsibility

    April 8

    The report highlights significant improvements in employee benefits, diversity, and equitable pay which are key elements of ethical business practice. These initiatives support worker rights and inclusive economic opportunities, contributing to a more socially responsible corporate image counter to authoritarian exploitation.

    Manulife Releases 2023 Sustainability Report and Public Accountability Statement

  • Manulife Lobbying Activity Profile Logo
    JAN
    01
    2023

    The OpenSecrets profile details Manulife Financial Corporation's lobbying activities, tracking its contributions to political action committees and lobbying efforts. This ongoing political engagement raises concerns about the influence of corporate money on public policy and democratic accountability.

  • -40

    Political Contributions and Lobbying Efforts

    April 8

    Manulife's lobbying activities, as outlined in the OpenSecrets profile, indicate a significant engagement in political contributions and lobbying efforts. From an anti‐fascist perspective, such corporate political influence is worrisome as it may tilt policies in favor of corporate interests over public welfare and democratic integrity.

    Manulife Financial Profile: Lobbying • OpenSecrets

  • Manulife 2023 Sustainability Report: Advancing Diversity and Green Investments Logo
    JAN
    01
    2023

    Manulife Financial Corporation's 2023 Sustainability Report details significant investments in sustainable initiatives, including $45.7 billion in green investments, $2.6 billion in social investments, a commitment to net zero financed emissions by 2050, and marked improvements in diversity with 23% representation of racially and ethnically diverse leaders and 56% of its global workforce being women. The report also highlights a $27.9 million community investment program, underscoring the company’s commitment to inclusive and socially responsible business practices.

  • +80

    Labor Relations and Human Rights Practices

    April 8

    Manulife's report demonstrates a strong commitment to diversity, inclusion, and community engagement. The significant representation of racially and ethnically diverse leaders and a majority female global workforce, along with substantial investments in social and green initiatives, reflect progressive business practices that counter authoritarian and exclusionary ideologies.

    Manulife Financial Corporation 2023 Sustainability Report – SustainabilityReports.com

Corporate Financials

Revenue
2022
$6.40B
Total Assets
2022
$307.40B
Operating Income
2022
$3.50B
Total Equity
2022
$19.00B

Employees: 37,000

Industries

524113
Direct Life Insurance Carriers
524126
Direct Property and Casualty Insurance Carriers
524210
Insurance Agencies and Brokerages
523930
Investment Advice