Driving Climate Solutions

As climate change continues to impact our employees, customers, shareholders and communities, MetLife has committed to financing and developing climate solutions over the next decade. MIM has a long history of sourcing investments in companies and projects that are focused on the conservation of natural resources, the production and discovery of alternative energy sources, the implementation of clean air and water projects and other environmentally conscious business practices. 

MIM’s real estate equity investments support our green investment¹ goals by implementing efficiency programs and encouraging environmental best practices, including working to register and benchmark utility usage to the U.S. Environmental Protection Agency’s (EPA) Energy Star Portfolio Manager across 100% of our owned and investment properties. 

In line with its commitment to the U.S. Department of Energy’s Better Building Challenge,² MIM’s real estate equity investments are targeting: 

• 50% reduction in Scope 1 and 2 emissions from a 2020 base year by 2030;
• 20% reduction in Portfolio Energy Intensity from a 2016 baseline by 2026.³

By engaging tenants in energy, water and waste management initiatives to drive reductions, perform energy assessments and implement cost-effective strategies to improve energy and water efficiency, MIM reduced energy consumption by 7.6% in 2021 across its real estate equity portfolio.

On average, these investment properties have saved 16.3% and 451 million kBtu since their baseline year.⁴ Read more about MIM Real Estate Equity team’s ESG Challenge. 

For more information on progress toward these goals, please see For Our Customers and Creating Value as an Investor chapters.