METLIFE RANKED AMONG NEWSWEEK'S TOP GREEN U.S. COMPANIES
Company is Highest Ranking Life Insurer on the List
New York, NY - November 10, 2010 – MetLife, Inc. (NYSE: MET) has been ranked among the top 50 in Newsweek magazine's environmental rankings of the 500 largest U.S. companies. MetLife is ranked number 49 overall, the highest ranking life insurer on the list, and number five within the banks and insurance industry sector on the magazine's 2010 list.
MetLife's greenhouse gas emissions, water use, environmental policies, and green programs and initiatives were all taken into consideration when compiling the ranking. Newsweek also factored in reputational survey results from chief executive officers, corporate social responisiblity professionals, academics and other environmental experts to determine the final list.
"We are honored to be recognized by Newsweek for our environmental stewardship and commitment to long-term sustainability," said John Vazquez, vice president, vendor sourcing and corporate services & chief procurement officer. "MetLife is focused on effectively managing its global impact to preserve a healthy planet and ensure a sustainable future."
To create the ranking, Newsweek worked with MSCI ESG Research, Trucost and CorporateRegister.com. The magazine's criteria for inclusion on the list were based on revenue, market capitalization and headcount. The complete list appears in the October 28 issue of Newsweek.
MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit programs, serving 90 million customers in over 60 countries. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia Pacific, Europe and the Middle East. For more information, visit www.metlife.com.