Canada’s life insurers have a fossil fuel contradiction
Corporate Knights
MAY 10, 2023
Canada is home to two of the largest life and health insurance companies in the world – Sun Life and Manulife. Now expanding into Asia, these are Canadian success stories. Yet both have a contradiction at the heart of their business model. They are also two of Canada’s largest investors in fossil fuels, including dirty coal, investments that adversely affect the health of the clients they’re insuring.
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