MetLife’s focus on sustainable facilities leverages green technology to reduce the company’s carbon footprint. MetLife manages more than 14 million square feet of work space across the globe, and 100% of these offices we manage in the United States are ENERGY STAR-certified. Additionally, 19 of our buildings worldwide—approximately four million square feet of space—are certified by the Leadership in Energy & Environmental Design program (LEED).
We continue to build upon our LEED certifications by expanding our green building portfolio and improving building performance with new technologies. Green buildings are not only good for the environment, but they also provide positive benefits for the people working within them. MetLife’s LEED-certified spaces incentivize employees to switch to more sustainable modes of transportation by providing amenities for bicycle commuters, and access to electric-vehicle charging stations, of which there are 42 in total at our major U.S. administrative sites.
Using electricity from renewable sources is an important part of our strategy to cut greenhouse gas emissions. Our primary strategy is to buy grid-sourced, low-carbon energy.
New North Carolina Offices Showcase Sustainability
In November 2013, we opened the headquarters of MetLife's U.S. retail and financial operations in Charlotte, North Carolina. Designed to be as comfortable and sustainable as possible, the new 400,000 square foot office in North Carolina will provide 3,000 employees with ample natural light, energy-efficient fixtures, writable walls, yoga balls and open-floor seating plans. MetLife is implementing similar welcoming elements into new facilities globally, including projects in Boston, Dubai and Hong Kong.
MetLife 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
The MetLife Real Estate Investment team also takes environmental, social, and governance (ESG) factors into consideration across its portfolio of assets. The team has established an ESG Committee to stay abreast of ESG risks and identify opportunities for reducing the environmental impact of the properties in which we invest.
In 2015, MetLife created an Energy and Sustainability Challenge for our real estate portfolio. This challenge aims to increase sustainability awareness by encouraging properties in our portfolio to share ideas and compete against one another for energy reduction, waste diversion, and water conservation. The Fairmont Hotel in Washington, D.C. was the 2015 winner of the challenge, as they are transforming to reduce utility consumption and carbon emissions.