Energy & Emissions
MetLife is an office-based organization with a large real estate portfolio. Among our priorities in managing our environmental impact is developing programs that address climate change, lower energy consumption and improve the environmental performance of facilities that are owned and operated by MetLife.
Improving the Environmental Performance of Our Facilities
Our buildings and their operation still represent MetLife's largest impact on the environment, so we continually strive to operate them more efficiently. To limit the environmental impact of our buildings and reduce our Scope 2 electricity emissions, we purchase a significant amount of our electricity from low-carbon energy sources. Enhanced building performance and efficiency measures have helped us continually reduce the overall electricity consumption of our owned and occupied real estate.
Connecting through Energy Efficient Channels
Globally, MetLife implements capital projects and facility upgrades that focus on energy savings, emissions reductions, water efficiency and waste diversion. Examples include lighting retrofits, chiller and boiler replacements, LED lighting systems, demand metering and occupancy-sensor installations.
MetLife’s travel policies and work arrangements maximize our connection to each other and to customers while reducing the company’s environmental impact. For example, MetLife employees can access innovative tools for collaboration at MetLife’s global offices in nearly 30 countries from more than 400 video conferencing rooms. We are also evaluating ways to connect via employee desktops as part of Global Technology and Operations’ comprehensive strategy to equip associates with tools to help them work more efficiently and collaboratively. These technologies reduce the need for business travel and can significantly lower overall travel-related emissions.
Investing in Renewable Energy
MetLife is committed to using renewable sources of electricity as an important part of our strategy to cut carbon emissions. We purchase significant amounts of grid-sourced, low-carbon energy. As a secondary measure, we also purchase Renewable Energy Certificates (RECs) to support the development of new renewable generation capacity.
In 2013, MetLife's average electricity portfolio fuel mix, including RECs, consisted of 92.9 percent low or zero-carbon emitting sources (natural gas, nuclear and hydro and non-hydro renewable energy). Renewable energy (hydropower, wind, solar and biomass) comprised 77.1 percent of MetLife's electricity supply.
MetLife is a member of the EPA Green Power Partnership, and our 2013 purchases place us in the Fortune Top 50 Green Power Partners list for the third year in a row.