MetLifes2030
New unit-linked funds launched; and incorporated environmental content into Upwise™
Nearly $10 billion originated in since 2020 or 50% of total goal
25% achieved as of year-end 2021
Originated $77 million since 2020 with $32 million, or more than 40%, allocated to climate change priorities
Reduced GHG emissions by 21% between 2020 and 2021
More than 108,000 engaged or educated
More than $1 million total granted since 2020
Achieved carbon neutrality again in 2021, the sixth consecutive year of maintaining this status3
43% achieved as of year-end 2021
Planted more than 200,000 trees since 2020
70 suppliers have set absolute targets reported through CDP in 2021
MetLife will originate $1 billion in investments that advance firms owned by women, minorities and disabled persons. MetLife made a down payment on this commitment with nearly $100 million deployed in 2021.
MetLife will reach $5 billion in spend with diverse suppliers – an increase of $1.6 billion from the amount MetLife’s Supplier Inclusion and Development Program has committed since its inception through year-end 2020. MetLife will also annually report the economic impact of this spend.
MetLife Foundation has committed $150 million in funding to support underserved and underrepresented communities.
MetLife will commit 800,000 employee volunteer hours with a focus on DEI/underserved communities.
MetLife will provide solutions and insights to address the needs of the underserved. For example, MetLife will build partnerships with experts to provide educational content in Upwise™ – the company’s new digital financial wellness app – to tackle the financial challenges disproportionately impacting diverse communities.
MetLife will support research that advances understanding of DEI issues. For example, MetLife will share insights from the company’s annual Employee Benefit Trends Study and other research initiatives to help employers as they support their increasingly diverse workforces.
MetLife will continue to advance workforce diversity by consistently achieving top quartile positioning across each ethnically and racially diverse category in the U.S. and of female officers globally. MetLife also will enhance transparency of the link between top quartile positioning and executive leadership performance.
Learn all the ways we are living our purpose.
LEARN MORE ABOUT OUR CLIMATE GOALS.
1. FOR A DEFINITION AND ADDITIONAL INFORMATION REGARDING METLIFE’S GREEN INVESTMENTS, PLEASE SEE THE REPORT GLOSSARY
2. WE DEFINE “ENGAGE AND EDUCATE” TO INCLUDE ATTENDING AN IN-PERSON OR VIRTUAL METLIFE EVENT RELATED TO ENVIRONMENTAL STEWARDSHIP, TAKING A MEASURABLE ACTION AS A RESULT OF METLIFE’S COMMUNICATIONS OR PARTICIPATING IN AN ACTIVITY THROUGH A NONPROFIT SPONSORED BY METLIFE. IT DOES NOT INCLUDE THE NUMBER OF COMMUNICATIONS SENT, VIEWS ON OUR WEBSITE OR IMPRESSIONS ON SOCIAL MEDIA. SOME STAKEHOLDERS MAY HAVE PARTICIPATED IN MORE THAN ONE ACTIVITY AND COULD BE DOUBLE COUNTED.
3. METLIFE’S GOALS FOR GHG EMISSIONS AND CARBON NEUTRALITY APPLY TO ALL OF ITS OWNED AND LEASED OFFICES ACROSS THE WORLD, ITS FLEET OF AUTOMOBILES (SCOPE 1 AND 2 EMISSIONS), AND ITS EMPLOYEE BUSINESS TRAVEL (SCOPE 3 EMISSIONS).