Highlights
- Over $82 billion in responsible investments1
- $65 million of new impact investments,2 reaching $77 million of our $500 million goal, with over 40% to climate change priorities3
- Over $6 billion of new green annual investments,2 bringing total progress toward our $20 billion goal3 to nearly $10 billion
- 25% of real estate investments4 powered with renewable electricity (goal to have 100% by 2030)
Our Approach
MetLife’s commitment to helping people enjoy rich, rewarding lives is fulfilled by all areas of our business, including where and how we invest through our institutional investment management business, MIM. MIM-managed investments include MetLife’s general account portfolio,5 as well as investments made on behalf of MIM’s unaffiliated institutional client portfolios.
We believe ESG factors can have an impact on investment performance and are important considerations to effectively manage risk and achieve our clients’ investment objectives, including MetLife’s. MIM aims to deliver strong and sustainable risk-adjusted returns for our investors by building tailored portfolio solutions, appropriately integrating ESG criteria into our investment decision-making processes and collaborating constantly.
Policies and Brochures
MetLife and MIM maintain policies and brochures that guide and communicate our ESG integration efforts within our investment processes, including:
Governance
Reporting to our CEO, MetLife’s Chief Investment Officer also serves as MIM’s President and oversees ESG integration efforts for all investments, including those managed by MIM. ESG and sustainability-related investment initiatives are reported to the Governance and Corporate Responsibility Committee of the Board at least annually.
MIM’s Sustainable Investment Strategies (SIS) team provides leadership, advises internal functions on ESG-related matters and is responsible for the development, implementation and oversight of MIM’s sustainable investment strategy. MIM’s ESG Integration Council, chaired by the head of SIS, includes cross functional representation from MIM’s asset sector teams and support functions to ensure consistent communication and application of ESG investment practices and policies, as well as best practices, knowledge and expertise related to ESG integration activities and emerging risks and opportunities. In addition, as part of our core business practices, we maintain ongoing dialogue to raise awareness of sustainable business practices and prioritize active engagement with our investee company leadership as a key strategy to managing investment risk.
MIM’s combined AUM helps finance job creation, business growth, and community development around the world.
MIM Assets Under Management (AUM)
$669 billion6,7
Total AUM as of year-end 2021, publicly reported as follows:
$488 billion7
MetLife General Account Assets8
$181 billion7
Unaffiliated Institutional Client AUM managed by MIM
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