MetLife, Inc. (NYSE: MET) today published its 2023 Sustainability Report on how the company is living its purpose – Always with you, building a more confident future – through the strength of its people, products, services, and investments.
At MetLife, sustainability means managing business responsibly and sustaining people throughout their lives. To help drive progress toward a sustainable future, MetLife has aligned its sustainability strategy with a subset of the United Nations Sustainable Development Goals that are most relevant to its business and established a set of Sustainability Commitments.
“Our purpose inspires our people and drives long-term value for all our stakeholders,” said MetLife Global's President and CEO Michel Khalaf. “We have been a responsible business and a source of stability for more than 156 years, and the actions we take today reflect our ability to consistently deliver for all our stakeholders for years to come."
The 2023 Sustainability Report details how MetLife brings its purpose to life to make progress against its commitments by:
- Exceeding its commitment to drive $1 billion in investments that advance diversity years ahead of its 2030 target, with more than $1.4 billion invested between 2021 and 2023.
- Reducing emissions by increasing energy efficiency and reducing consumption at offices, greening its vehicle fleets and reducing business travel, where possible
- Securing more than $58.5 billion in responsible investments in MetLife’s General Account as of year-end 2023, focused on the core areas of infrastructure, green, municipal bonds, affordable housing and impact investments.
- Surpassing $1 billion in all-time giving by MetLife Foundation, for its work driving inclusive economic mobility and addressing the needs of underserved communities around the world.
- Completing more than 144,000 volunteer hours globally in 2023, driven by the passion of MetLife colleagues.
Read the 2023 Sustainability Report today by visiting sustainabilityreport.metlife.com
About MetLife
MetLife Insurance Limited (MetLife), an affiliate of MetLife, Inc., is a specialist provider of life insurance to superannuation trustees, employers and financial advisers in Australia. MetLife has expertise in designing holistic insurance solutions to meet the needs of its customer groups, which includes the award winning 360Health program. MetLife has been providing life insurance products in Australia since 2005. For more information, visit metlife.com.au.
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East. For more information, visit metlife.com.
Forward-Looking Statements
The forward-looking statements in this news release, using words such as “commitment,” “consistently,” “long-term,” and “target” are based on assumptions and expectations that involve risks and uncertainties, including the “Risk Factors” MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife’s future results could differ, and it does not undertake any obligation to publicly correct or update any of these statements.