Sustainability

Our ambition is to maximise our positive impact on society and the environment in support of our Purpose.

At Sun Life, we are a purpose-driven organisation and our sustainability ambition is to maximise our positive impact and ensure the resiliency of our organisation, in support of our Purpose of helping Clients achieve lifetime financial security and live healthier lives. We have earned a spot on the Corporate Knights’ 2024 Global 100 Most Sustainable Corporations in the World for the 15th consecutive time.

Our sustainability strategy in Singapore focuses on:

Sustainable philanthropic giving through our Philanthropic Pledge

  • We had launched the Sun Life Singapore Philanthropic Pledge in 2023 to advocate philanthropic giving in a sustainable manner. With every purchase of SunBrilliance Indexed Universal Life or SunBrilliance Whole Life , we will donate 0.5% from the premiums received, with a cap of US$20,000 per policy.
  • Our Philanthropic Pledge will be disbursed in accordance with Sun Life’s philanthropy goals to achieve long-term behaviour change through practical programmes through contribution in 4 areas of need:
    • Type 2 Diabetes prevention, care, awareness & education
    • Mental health
    • Community initiatives that drive Diversity, Equity & Inclusion
    • Disaster relief
  • Under our Philanthropic Pledge, all proceeds will be channelled through Community Chest towards Singapore-based programmes  aligned with the four giving pillars. Through this initiative, we aim to inspire others to become advocates of philanthropy and build a giving legacy to empower communities in need.
  • Our Philanthropic Pledge also marks Sun Life Singapore as the first life insurer in Singapore to incorporate upfront charitable giving into life insurance policies. With this social impact feature built in our insurance solutions, we are also recognised for our product innovation.

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Support our community through “Life is Brighter” charity fund¹

  • Launched in September 2024, Sun Life Singapore “Life is Brighter” charity fund pools together donations from our Philanthropic Pledge, other donations and  fundraising initiatives to be managed centrally and channeled to selected local causes.
  • This charity fund underscores our ESG framework as a purpose-driven and sustainable company to care for our clients’ lifetime financial security and in leading healthier lives, and also one that cares for our community and the future of our planet. This is why we have named our charity fund “Life is Brighter” to reflect our commitment to maximising positive impact on our society and environment.
  • Our charity fund will deepen our support in areas of health, particularly in the prevention, care and awareness of Diabetes, and mental well-being, as well as community initiatives aligned with Sun Life’s philanthropy goals.   

1The “Fund” refers to a consolidation of moneys by Sun Life Singapore, intended for its philanthropic purposes, and does not refer to an investment fund or a financial instrument.

Promoting healthier lives through sports

Promoting healthier lives through sports

  • Sun Life in collaboration with global sport for social change foundation, Beyond Sport, has launched a C$1 million regional Hoops + Health programme in 2024 to promote physical activity and wellness among underserved youth across Asia including Singapore.
  • Singapore initiatives leveraged on basketball’s popularity to advance community development. Aiming to positively impact hundreds of youngsters, the Singapore collaboration facilitated targeted skill development training for basketball coaches and provided a community grant to fund a series of basketball training sessions with a focus on encouraging participation by girls.
  • This regional Hoops + Health initiative, coming off the back of the Canada Men team’s participation in the FIBA World Cup in Asia in 2023, aligns with Sun Life’s commitment to giving back to the community through basketball.

Sun Life Assurance Company of Canada is an insurance company federally incorporated in Canada, with OSFI Institution Code F380 and its registered office at 1 York Street, Toronto, Ontario, Canada M5J 0B6. It is regulated by Office of the Superintendent of Financial Institutions, Canada. Sun Life Assurance Company of Canada Singapore Branch (UEN T19FC0132B) is registered with the Accounting and Corporate Regulatory Authority of Singapore as a foreign company, with its registered office at 50 Raffles Place, #26-04 Singapore Land Tower, Singapore 048623. It is licensed and regulated by the Monetary Authority of Singapore. Where Sun Life Assurance Company of Canada Singapore Branch is referred to as “Sun Life Singapore”, this is strictly for marketing and branding purposes only, and no legal significance is expressed or implied. Sun Life Assurance Company of Canada is a member of the Sun Life group of companies. The Sun Life group of companies operates under the “Sun Life” name. Sun Life Financial Inc., the publicly traded holding company for the Sun Life group of companies, is not a product offering company and is not the guarantor of the obligations of its subsidiaries. 

© 2025 Sun Life Assurance Company of Canada. All rights reserved. The name Sun Life and the globe symbol are registered trademarks of Sun Life Assurance Company of Canada.