For Our Communities

2021 SUSTAINABILITY REPORT

For Our Communities

2 min read Jun 23, 2022

Highlights

  • Over $33 million contributed in grants globally by MetLife and MetLife Foundation in 20211
  • Since 2020, MetLife Foundation has provided more than $27 million in grants to address COVID-19 related issues globally2
  • MetLife Foundation completed its $5 million commitment to direct funds to advance racial equity in the U.S.3
  • More than 25,000 employees volunteered more than 61,000 hours across 37 countries
  • MetLife was awarded the U.S. President’s Volunteer Service Award for providing over 6,000 hours of service to Junior Achievement4

Our Approach

MetLife plays an important role in communities as one of the world’s leading financial services companies. We strive to be a force for good in the communities where we operate through the work of MetLife Foundation; our corporate giving; employee volunteering efforts; meaningful, high-impact partnerships; and by providing pro bono services. MetLife employees work every day to help build a more confident future for people around the world. 

Governance—MetLife Foundation

As a separate legal entity, MetLife Foundation has its own Board of Directors, chaired by MetLife, Inc.’s Head of Corporate Affairs. MetLife Foundation’s President and Chief Executive Officer reports directly to the Foundation’s Board Chair. As a fully integrated role, MetLife Foundation’s President and CEO also serves as MetLife, Inc.’s Head of Corporate Giving and Employee Volunteerism, a function overseen by the Governance and Corporate Responsibility Committee of MetLife’s Board of Directors. 

MetLife Foundation Priorities

Giving back to the places where MetLife operates helps foster strong connections between the company and communities. MetLife Foundation positively impacts communities through grants for financial health and well-being, diversity and inclusion, youth and education, community improvement, disaster relief, and arts and culture. MetLife Foundation helps people manage household budgets, recover from the unexpected, build short-term savings and stability, and plan for the future. 

MetLife Foundation supports communities through strategic grants that demonstrate its commitment to helping low- and moderate-income people around the world build a more confident future. MetLife Foundation partners with nonprofit organizations and social enterprises to close the equity and wealth gap, build financial health and support small business owners—all issues that have been exacerbated by the COVID-19 pandemic. These focus areas are aligned with the UN SDGs, business priorities and the opportunity for improved DEI. 

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Managing Responsibly

MetLife’s ability to fulfill our purpose—Always with you, building a more confident future.
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1. INCLUSIVE OF METLIFE FOUNDATION, FUNDACIÓN METLIFE MEXICO, METLIFE  KOREA FOUNDATION AND CORPORATE CONTRIBUTIONS. IN ADDITION, SINCE 2013, METLIFE FOUNDATION HAS REACHED 17.3 MILLION TOTAL PEOPLE THROUGH ITS FINANCIAL HEALTH WORK, A 20% INCREASE OVER 2020. 

2. INCLUSIVE OF METLIFE FOUNDATION, FUNDACIÓN METLIFE MEXICO, METLIFE  KOREA FOUNDATION AND CORPORATE CONTRIBUTIONS. 

3. AS OF 2022. COMMITMENT WAS MADE IN JUNE 2020. THIS INCLUDES A $1 MILLION COMMITMENT TO THE UNITED NEGRO COLLEGE FUND TO HELP FINANCE SCHOLARSHIPS AT HISTORICALLY BLACK COLLEGES AND UNIVERSITIES. 

4. THIS WAS OUR SEVENTH CONSECUTIVE AWARD AND SIXTH CONSECUTIVE GOLD AWARD.