2021 SUSTAINABILITY REPORT
For the Environment
Highlights
- Net Zero emissions by 2050 commitment for global operations and general account investment portfolio1
- 200,000+ trees planted around the world since 2020 in grants to address COVID-19 related issues globally
- 123 suppliers engaged (94% response rate) in disclosing climate risks, GHG emissions, and other environmental data2
- 6th consecutive year named to Dow Jones Sustainability Index for recognition of our commitment to sustainable business practices
Our Approach
MetLife’s commitment to environmental stewardship has been a cornerstone of our 154-year history and is at the heart of our purpose. Our approach includes a comprehensive environmental, health and safety agenda that considers the need to use natural resources sustainably and be a force for good in the world.
At MetLife, we believe that it is our responsibility to minimize our carbon footprint. We manage and monitor climate risks while seeking opportunities to leverage our people, products, services and investments to support a low-carbon economy and a resilient planet. We support the intention of the Paris Agreement and the recent commitments made at the 2021 United Nations Climate Change Conference (COP26) in Glasgow to reduce GHG emissions.
We are committed to collaborating with stakeholders to reduce the risks and effects of climate change, while working toward a more inclusive future.
Our employees lead our efforts to achieve our goals within every MetLife department and across every office location. To build a workforce that is fully engaged in our strategy, we provide training and education opportunities focused on multiple ESG and sustainability topics.
Our approach to addressing environmental issues has three focus areas:
- Resilient operations
- Protecting communities
- Driving climate solutions
Governance
The MetLife Board of Directors’ Governance and Corporate Responsibility Committee oversees our climate change and environmental strategy and implementation. This responsibility includes reviewing our climate goals, metrics associated with those goals and the MetLife Environmental Policy. MetLife’s senior leadership reports progress on commitments and programs to the Board multiple times per year.
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SEE HERE FOR METRICS ASSOCIATED WITH OUR 2030 CLIMATE GOALS.
1 THE NET ZERO COMMITMENT APPLIES TO GHG EMISSIONS FROM METLIFE, INC.’S OWNED AND LEASED OFFICES ACROSS THE WORLD, AUTOMOBILE FLEETS, EMPLOYEE BUSINESS TRAVEL AND ASSETS IN METLIFE’S GENERAL ACCOUNT INVESTMENT PORTFOLIO, WHICH INCLUDES THE GENERAL ACCOUNTS OF METLIFE, INC.’S WHOLLY OWNED INSURANCE COMPANY SUBSIDIARIES, WHERE DATA AND METHODOLOGIES ARE AVAILABLE. EMISSIONS ARE TRACKED AND REPORTED IN ACCORDANCE WITH THE GREENHOUSE GAS PROTOCOL. READ MORE ABOUT METLIFE'S CLIMATE COMMITMENTS HERE. ADDITIONAL INFORMATION ABOUT METLIFE’S GENERAL ACCOUNT INVESTMENT PORTFOLIO IS AVAILABLE HERE.
2 COLLECTED VIA CDP’S SUPPLY CHAIN PROGRAM.