Sun Life Co-Leads $90M Investment in Brooklyn Women's Shelter
Event summary
- Sun Life U.S. co-led a $90 million investment for HELP USA's new 200-bed women's shelter in Brooklyn, N.Y.
- The shelter will provide onsite medical care, mental health assessment, case work, and housing support.
- Sun Life U.S. also donated $25,000 to support HELP USA's Healthy Living initiative.
- The ribbon-cutting event was attended by NYC Deputy Mayor for Health and Human Services, Dr. Helen Arteaga, and NYC Dept. of Social Services Commissioner, Erin Dalton.
The big picture
Sun Life's $90 million investment in HELP USA's new women's shelter in Brooklyn underscores its commitment to supporting underserved populations and strengthening communities. This move aligns with Sun Life's broader strategy to help people access the care and coverage they need, reflecting a growing trend among financial services firms to integrate social impact into their business models. With total assets under management of C$1.60 trillion as of December 31, 2025, Sun Life is leveraging its scale to drive meaningful change in communities facing significant challenges.
What we're watching
- Impact Measurement
- How Sun Life will track and report the social impact of this investment.
- Strategic Alignment
- Whether this investment aligns with Sun Life's broader strategy of helping people access care and coverage.
- Community Engagement
- The pace at which Sun Life will engage with other communities facing similar challenges.
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