As you requested, below is the information report regarding Sun Life Financials’ sustainable business practises.
Background
Sun Life Financial company is started in the 1860s by visionary businessman Mathew Gault in Montreal. Today it operates in more than 55 countries around the world (sun life financial, n.d). This company engaged in providing service in financial planning, life insurance, health insurance and investment. Its clients range from individuals who seek life financial security to different kinds of institutions who intent financial planning service.
In- order to secure its global competitiveness and ability to deliver long term valuable service to its clients, sun life financial has engaged in four key areas of sustainability
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But it is not only the environmental concern that initiate the introduction of new operational activities but the financial benefit of engaging in sustainability practises. From 2014 to 2016 they were able to reduce 9.1 % in GHG, 7.5% reduction in energy consumption, and 77% in waste diversion across Canada. Sun life financial was able to convince its employees and clients the advantage of waste elimination practise with financial benefits. Sun life financial encourage its employees to thrive for perfection in a daily base activity to increase operation efficiency in return save money.
In a quest to minimize operational footprint and zero waste, sun life was able to reduce paper consumption by 10% in 2015. they plan to reduce it by even more percentage with in a decade (sustainability report, 2016). This achievement was gained by introducing new operational activities inclined to electronic and online oriented service. They were able to succeed in adapting email-based interaction with customers than letter. Introducing online service for new members registration and monthly report information exchange with customers helped them to reduce waste and paper