MetLife 2023 Sustainability Report: Building a Thriving Environment for All

Rhea-AI Summary

MetLife's 2023 Sustainability Report highlights significant progress in environmental stewardship and commitment to Net Zero GHG emissions by 2050 or sooner. Key achievements include:

• 44% decrease in GHG emissions across Scope 1, 2, and 3 business travel from 2019 to 2023
• ~50% of suppliers set emissions-reduction goals aligned with the Paris Agreement
• 1.6M+ trees planted since 2020
• 48% of global offices are green or healthy building certified
• 10,000+ volunteer hours for the 2023 MetLife Extraordinary Litter Pickup

MetLife supports the Paris Agreement and recognizes the impact of environmental issues on customers' and employees' well-being. The company manages climate risks and opportunities while collaborating on solutions for a low-carbon economy transition.

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NORTHAMPTON, MA / ACCESSWIRE / July 30, 2024 / MetLife, Inc.

MetLife colleagues and their families in Rome, Italy, participates in World Cleanup Day in Partnership with nonprofit Retake Roma.

For The Environment

Our Approach

MetLife has had a longstanding commitment to environmental stewardship during its 156-year history. We leverage our capabilities as a financial services provider to navigate life's uncertainties, including those related to climate change and other environmental issues. We recognize that environmental issues can impact our customers' and employees' well-being and financial futures, and that protecting human health and natural resources is core to doing business responsibly.

That is why we support the intentions of the Paris Agreement for managing and reducing GHG emissions and are pursuing an approach to reducing emissions over the coming decades toward Net Zero GHG emissions for our global operations and GA investment portfolio by 2050 or sooner.¹

We manage and monitor climate and other environmental risks and opportunities while collaborating on solutions that support the transition to a low-carbon economy. Please see Our Net Zero Commitment and Environmental Initiatives Progress to learn more.

Highlights

• 44% decrease in greenhouse gas (GHG) emissions across Scope 1, 2 and 3 business travel from offices and operations between 2019 and year end 2023.¹

• ~50% of suppliers (by spend) set emissions-reduction goals aligned with the aims of the Paris Agreement.¹

• 1.6M+ trees planted since 2020.

• 48% of global offices are green or healthy building certified.

• 10,000+ volunteer hours dedicated to the 2023 MetLife Extraordinary Litter Pickup.

• Achieved 2023 ENERGY STAR Partner of the Year for fifth consecutive year.

Download the full MetLife 2023 Sustainability Report

¹ Learn more about our approach to Net Zero and see Explanatory Note for additional information about MetLife's GA investment portfolio.

View additional multimedia and more ESG storytelling from MetLife, Inc. on 3blmedia.com.

Contact Info:
Spokesperson: MetLife, Inc.
Website: https://www.3blmedia.com/profiles/metlife-inc
Email: info@3blmedia.com

SOURCE: MetLife, Inc.

View the original press release on accesswire.com

FAQ

What are MetLife's key sustainability achievements in 2023?

MetLife (MET) reported a 44% decrease in GHG emissions, ~50% of suppliers setting emissions-reduction goals, 1.6M+ trees planted since 2020, 48% of global offices with green certifications, and 10,000+ volunteer hours for litter pickup in 2023.

What is MetLife's commitment to Net Zero GHG emissions?

MetLife (MET) is pursuing Net Zero GHG emissions for its global operations and General Account investment portfolio by 2050 or sooner, aligning with the Paris Agreement's intentions for managing and reducing emissions.

How has MetLife reduced its greenhouse gas emissions since 2019?

MetLife (MET) achieved a 44% decrease in greenhouse gas (GHG) emissions across Scope 1, 2, and 3 business travel from offices and operations between 2019 and year-end 2023.

What percentage of MetLife's global offices are green certified in 2023?

According to MetLife's (MET) 2023 Sustainability Report, 48% of the company's global offices are green or healthy building certified.