Issued by MetLife, Inc.
MetLife Releases 2020 Sustainability Report with new Environmental Goals, Investments Commitments and focus on Advancing Racial and Gender Equity
MetLife released its annual Sustainability Report earlier this week, highlighting the company’s progress in addressing critical challenges such as gender and racial inequity, climate change, and economic growth for disadvantaged communities. The report features MetLife’s global response to COVID-19, a commitment to originating $500 million in new impact investments by 2030, and the company’s focus on advancing racial and gender equity in low-income and racially and ethnically diverse communities.
“For MetLife, sustainability is about managing the business for the long-term and ensuring we can deliver on our purpose for generations to come,” said MetLife Chief Sustainability Officer Jon Richter. “Living our purpose means ensuring MetLife can remain a force for good in the communities we serve, with a deep commitment to using all our resources to foster a healthier, more inclusive and equitable world.”
The report aligns to several disclosure frameworks, including the Task Force on Climate-related Financial Disclosures (TCFD), Sustainability Accounting Standards Board (SASB), the United Nations Sustainable Development Goals (UN SDGs), and the United Nations Global Compact.
MetLife has aligned its sustainability efforts to five of the UN SDGs: Good Health and Well-Being, Gender Equality, Decent Work and Economic Growth, Reduced Inequalities, and Climate Action. Using the UN SDG framework as a guide, the company deploys its people, products, services, and investments to be a force for good.
Performance highlights in 2020 included:
Other 2020 sustainability milestones included:
To read the 2020 Sustainability Report and for more sustainability highlights, case studies, and definitions, visit MetLife.com/Sustainability.
Director Corporate Communications
MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit programs, serving 90 million customers. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia, Europe, the Middle East and Africa.