MetLife’s 2030 DEI Commitments include pledges of 800,000 employee volunteer hours with a focus on supporting historically marginalized individuals and their families, and $150 million from MetLife Foundation to support underserved and underrepresented communities. To advance these commitments, MetLife Foundation launched a multi-pronged strategy to drive inclusive economic mobility by addressing the needs of such communities around the world. MetLife Foundation grants align with the UN SDGs and across three strategic giving portfolios:
Supporting DEI in our Grantmaking
MetLife’s commitment to DEI extends beyond our internal efforts (see Global Diversity, Equity and Inclusion) and aligns with MetLife Foundation’s strategic grantmaking. MetLife Foundation aims to help close income and wealth gaps among low-income and historically marginalized people through partnerships with nonprofit organizations such as:
- Ascendus, a nonprofit working to secure financial health and wealth for low- to moderate-income business owners through access to capital and support. The “Get Ready” Credit Program for Black and Latino small business owners is an innovative program designed to raise the credit scores and access to capital for 50 entrepreneurs across New York City.
- The Baobá Fund, an organization dedicated to the promotion of racial equity for the Black community in Brazil. The fund provides 50 Afro-Brazilian high school seniors with scholarships to a university entrance exam preparatory course, psychosocial support, mentoring and coaching support.
- The National Disability Institute (NDI) works to build better financial futures for people with disabilities and their families. NDI creates financial health and training tools that Black and Latino small business owners and entrepreneurs with disabilities can access for free. As a result, NDI is helping more than 1,500 people with disabilities launch businesses and achieve economic security.