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MetLife and the Environment

MetLife & The Environment

Our Position

Building a secure future for individuals and communities requires our commitment to preserving the environment. MetLife embraces its role as a responsible corporate citizen through an effective energy management policy, investments in renewable energy ventures and the integration of energy efficient practices into our operations. In collaboration with our associates, customers and business partners, we believe we are making a positive impact on the environment and working to ensure a safer, healthier world for future generations, as well as making MetLife a great place to work.

 

MetLife prides itself on being a good corporate citizen. As an extension of our corporate citizenship, we know that our customers are increasingly interested in doing business with an environmentally-conscious company and over 67,000 employees worldwide, we know that "green" initiatives can potentially have a significant impact on the global environment.

Indeed, as a leader in the financial services industry, MetLife is poised to address climate change and embrace the opportunities that it presents. MetLife is committed to adapting its business model in the face of climate change. We increasingly embrace emerging technologies, green products and environmentally-friendly services, and we factor the climate change as part of our management policy. MetLife is committed to increasing our use of renewable energy and conserving energy throughout our facilities in the United States and around the globe.

 

 

MetLife is a leading global provider of insurance, annuities and employee benefit programs, serving 90 million customers. Among our priorities in managing our environmental impact is developing programs that address climate change, lower energy consumption and improve the environmental performance of MetLife owned and operated facilities. MetLife continues to implement capital projects and facility upgrades with a focus on energy savings, water efficiency, and waste diversion. These projects include lighting retrofits, chiller & boiler replacements, demand metering, occupancy sensor installations and hand free water devices.

Operations
MetLife embeds sustainability efforts throughout its operations, maintenance and procurement processes.

  • In 2005, MetLife set a goal to reduce its indirect carbon emissions by 20% by 2010 (based on the 2005 baseline year) at all its owned and managed U.S. facilities. This goal was exceeded by 2009, and as of the end of 2011, we have achieved a 60% reduction relative to the original 2005 baseline.

  • Out of MetLife's 16 owned domestic facilities, 14 are US EPA Energy Star certified; seven are certified by the Leadership in Energy and Environmental Design (LEED) Green Building Rating System, including MetLife India's primary office facility, which became certified in 2011. In addition, MetLife's Troy, N.Y data center reached carbon neutrality for its indirect electricity consumption in 2009.

  • Between 2008 and 2010, MetLife implemented an office printer optimization project, which resulted in the reduction of high-efficiency office machines (printers, faxes and copiers) from 23,000 to less than 4,000 throughout the organization. This has helped reduce electricity and paper consumption.

  • MetLife has also reduced travel expenses and subsequent greenhouse gas emissions by investing in upgrades to our video teleconferencing and telepresence technology capabilities.

  • MetLife continues to reduce its Auto & Home Insurance fleet and emphasize the use of fuel-efficient vehicles.

Procurement
MetLife is committed to purchasing environmentally preferred products and energy efficient technology equipment, including building and cleaning materials, Energy Star certified technology, water efficient technology and energy efficient lighting projects.

  • MetLife purchases paper consisting of post consumer recycled content throughout the organization. MetLife, its paper providers, and paper mills, also focus on utilizing paper that comes from sustainable managed forests.

  • MetLife has implemented "e-delivery" practices, which help to reduce the amount of paper used for statements, prospectuses and other annual reports. This has resulted in not only cost savings, but producing less printed materials.

MetLife Foundation
MetLife and MetLife Foundation are making a positive impact on our environment while working to ensure a safer, healthier world for future generations. MetLife has a longstanding commitment to our communities, which is evident in our business practices, the volunteer activities of MetLife associates, our social and community investments and the work of MetLife Foundation; all of which make a positive difference around the world. For more information on the philanthropic work of MetLife Foundation, visit www.metlife.org

  • MetLife Foundation has partnered with the Trust for Public Land (TPL) since 1996 to bring parks, playgrounds and other outdoor recreation spaces to diverse lower-income neighborhoods in cities nationwide. The first grant helped TPL launch City Spaces, collaboration with the New York City Department of Parks and Recreation, community groups and residents to transform vacant city-owned lots into parks, playgrounds and community gardens. The program became a model for TPL's work in New York and other cities.

  • MetLife Foundation has expanded its partnership with TPL to 16 other cities. For all projects, TPL works with public agencies, community groups and residents of all ages to design parks and playgrounds that reflect the needs and interests of the community. MetLife Foundation has provided more than $6.1 million in grants, including $4.1 million since 2006. In addition, MetLife and MetLife Foundation have made social investments totaling $9 million to TPL initiatives.

  • Projects that incorporate environmental elements and/or energy efficiency features are recognized through the MetLife Foundation Awards for Excellence in Affordable Housing, a program administered by Enterprise Housing Partners that honors local nonprofit groups for exemplary models of affordable housing for older adults

  • Supporting parks, playgrounds and open space are essential building blocks for healthy communities. As early as 1924, MetLife partnered with the Playground and Recreation Association of America to bring community playgrounds to cities across the country. MetLife Foundation has continued that legacy through its support for Trust for Public Land and KaBOOM! KaBOOM! is a national non-profit dedicated to saving play for children. Its vision is to create a place to play within walking distance of every child in America.

  • MetLife Foundation began its partnership with KaBOOM! in 2008 and has provided nearly $1.2 million and contributed more than 13,000 volunteer hours to build fun and safe places for kids to play across the United States and Mexico. On August 27, 2011, the inaugural MetLife Bowl, a charitable pre-season game, was played between the New York Giants and Jets, with $10,000 in proceeds going to KaBOOM! Together, MetLife Foundation and KaBOOM! are helping to build healthy communities for kids of all ages.

  • MetLife Foundation has been supporting the New York Botanical Garden since 1977, with grants totaling more than $3.5 million, including $350,000 in yearly operating support for the Spring Season and the MetLife Healthy Families Program. The MetLife Healthy Families Program is an initiative focused on health and nutrition programming at the family garden and includes a weekly farmer's market. In addition, an outreach program for local schools will be implemented to help them create and maintain gardens, while tying gardening and nutrition to classroom curricula.

  • MetLife Foundation supports the American Heart Association's Teaching Gardens' program with a $250,000 grant. The program was created using American Heart Association science and nutrition guidelines coupled with information from gardening and education experts. Teaching Gardens combines nutrition education with garden-based learning. Numerous studies have shown that participation in school garden programs can have a positive impact on student's attitudes toward fruits and vegetables. Through the program, students work in a real-life laboratory where they learn how to plant seeds, nurture growing plants, harvest food and ultimately understand the value of good eating habits and the importance of physical activity. The grant will help expand the program to reach 12 underserved communities across the U.S.

MetLife Investments
Investing in Renewable Energy

  • Currently, MetLife has invested more than $2.5 billion in renewable energy projects, including solar, wind and geothermal technologies.

  • MetLife is committed to supporting efforts that truly drive sustainability and aligns with its overall high quality investment approach

Real Estate Investments

  • MetLife Real Estate Investments (REI) has a broad based sustainability strategy covering MetLife's existing real estate equity portfolio, new development projects, mortgage investments and real estate funds. REI's strategy centers on the EPA's Energy Star program and U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED) standards.

  • MetLife Real Estate Investments has a solid platform for sustainability and green building practices, including numerous new development projects being designed and build to LEED certifications standards.

  • MetLife Real Estate Investments has equity stakes in 23 LEED certified properties with a market value of $2.9 billion (as of 12/31/11).

 

 

MetLife's efforts to focus on the benefits of a healthy environment can be traced back to 1871, just 3 years after the company was formed. At that time, MetLife encouraged its policyholders to "let in the sunlight" and to remember that "pure water" and "fresh air" will ensure a healthier life.

While examples of MetLife's efforts to benefits its customers, employees and the environment are sprinkled throughout the company's 142-year history, a number of examples stand out, including when, from 1955 to 1957, MetLife instituted a pioneering $2.5 million program of installing smoke control devices in all four of its New York City housing developments. Mayor Robert F. Wagner recognized MetLife for its "distinguished contribution toward achieving cleaner air for the City of New York."

In 1970, MetLife began reprocessing of old newspapers from the home office and the 40,000 tenants who lived in the company's East Coast housing complexes, saving approximately 35,000 trees a year. The company also eliminated refuse burning by replacing the incinerators with compacting machines. In 1974, MetLife attacked the nation's energy problem by lowering thermostats, cutbacks in lighting and reducing elevator service in company-owned buildings. The program resulted in such a reduction in MetLife's electric and steam usage at the home office that the company received an Energy Savers Award from Consolidated Edison of New York.

 
 

Green Snoopy

Istanbul Green Efforts

A variety of green initiatives have taken place at our recently acquired Istanbul, Turkey office location.

Read More

MetLife Turkey: Environmental Initiatives in Istanbul

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MetLife embraces its role as a responsible corporate citizen through an effective energy management policy, investments in renewable energy ventures and the integration of energy efficient practices into its operations. MetLife also recognizes the importance of designing a global workplace that is not only environmentally friendly, but meets its goal of continually improving its operations. As part of this effort, a number of environmentally sustainable initiatives are being implemented at the Istanbul, Turkey office.

Currently, MetLife occupies one of the the few LEED Core & Shell certified buildings in Istanbul and is actively pursuing LEED Commercial Interior Gold certification for that facility. In order to design and construct the office to meet the required standards and earn LEED Commericial Interior Gold certification, MetLife is implementing green initiatives throughout the Istanbul office, including:

  • Offering free shuttle service to associates;
  • Purchasing electricity from renewable energy sources;
  • Procuring regional materials made from recycled content, as well as products with lower VOC (volatile organic compound) content; and
  • Installing water efficient technology.

2011 Corporate Responsibility Report

Learn more about MetLife's Corporate Responsibility in our most recent report.
 
 
 
 
 

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