Creating Value as an Investor

CHAPTER 04

Approach

MetLife’s investment portfolio helps finance job creation, business growth and community development around the world. More importantly, MetLife’s investments help us keep the financial promises we have made to our customers. MetLife’s General Account (GA) assets under management (AUM) of $423 billion1,2 is invested responsibly for the long term. We seek out investments that are diverse, stable, secure and offer competitive, risk-adjusted returns. We evaluate risks, including financially material environmental, social and governance (ESG) factors, that we believe have an impact on investment performance. How our sizable and diversified investments are made is integral in helping MetLife live our purpose.

As part of its 2030 DEI Commitments, MetLife pledged to originate $1 billion in investments that advance diversity by 2030. This was achieved in 2023 with more than $1.4 billion invested between 2021 and 2023, including investments in private equity, agricultural lending and real estate debt and equity.

MetLife Investment Management, LLC and certain of its affiliates (MIM)2, our institutional investment management business, manages most of MetLife’s GA portfolio, as well as third-party institutional client portfolios. MIM is a well-established global investment manager with specialist investment teams that support MetLife’s GA investment objectives. This includes embedding ESG integration principles in decision-making and being a responsible investor as a means to a long-term, value-driven portfolio.

MIM acquired Affirmative Investment Management (AIM)2, a specialist global ESG fixed income investment manager with capabilities in impact investing, verification, reporting and engagement, to strengthen MIM’s ESG investment and reporting capabilities and provide deeper analysis of sustainability and risk considerations across MIM’s core competencies in public and private fixed income. See AIM’s 2023 Task Force on Climate-related Financial Disclosures (TCFD) Report to learn more about AIM’s history of supporting the Paris Agreement and the United Nations Sustainable Development Goals (SDGs).

MAY 30, 2024
EXPLORE THIS CHAPTER
Governance
Responsible Investments
Sustainable Investing
MetLife’s Sustainable Financing Framework

Highlights

$420B+

 of MetLife General Account (GA) assets under management (AUM).1, 2


$58.5B+

in total MetLife GA responsible investments, with a focus on the core areas of infrastructure, green, municipal bonds, affordable housing and impact investments.4, 5


$12.2B+ total

 new green investments since 2020 for MetLife GA, with nearly $2 billion in annual investments in 2023.


$1.4B+

 in investments made between 2021 and 2023 that advance diverse firms, achieving our commitment several years early.3


$166.5M+

 of impact investments originated since 2020, with approximately 25% allocated 
to climate change priorities.6


Read our 2023 Sustainability Report

for more information on MetLife initiatives and progress.