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Sun Life Financial Inc

ISIN: CA8667961053 | Canada | North America
Score 2 - Moderate
Full assessment

Sun Life Financial Inc has established governance structures that integrate its policy engagement with its climate commitments, primarily through collaboration between its Government and Regulatory Affairs team and its Sustainability function. Specifically, the Government and Regulatory Affairs team "works closely with the Sustainability team and Chief Sustainability Officer" and includes "a resource in Government and Regulatory Affairs designated to work with the Sustainability team on climate-related issues" to "coordinate external engagement activities pertaining to our climate commitments." Oversight is provided at the highest levels: the "Board of Directors has ultimate oversight of the enterprise approach to climate change," with the Governance, Investment & Sustainability Committee monitoring net-zero progress and the Risk Committee overseeing climate-related risks. The firm further names its Chief Sustainability Officer as accountable for sustainability and for "advocating for strong government policies and regulations" in support of a lower-carbon economy and designates its Vice-President, Climate Change and Environmental Impact to "oversee the development and implementation of the enterprise-wide climate change strategy." While this indicates clear ownership and structured coordination for aligning direct policy engagement with climate goals, the company does not disclose a formal process for monitoring or reviewing lobbying alignment, nor any mechanism for addressing indirect lobbying through trade associations or external bodies.

This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in North America or all companies in Canada.