2030 diversity, equity and inc
MetLifes2030
MetLife's 2030 Climate Goals
COMMIT $5 MILLION TO DEVELOP PRODUCTS AND PARTNERSHIPS THAT DRIVE CLIMATE SOLUTIONS FROM 2020 TO 2030
New unit-linked funds launched; and incorporated environmental content into Upwise™
ORIGINATE $20 BILLION OF NEW MIM-MANAGED GREEN INVESTMENTS FROM 2020 TO 20301
Nearly $10 billion originated in since 2020 or 50% of total goal
POWER ALL MIM-MANAGED AND CONTROLLED REAL ESTATE INVESTMENTS WITH 100% RENEWABLE ELECTRICITY
25% achieved as of year-end 2021
ORIGINATE $500 MILLION OF NEW METLIFE IMPACT INVESTMENTS, WITH 25% ALLOCATED TO CLIMATE CHANGE PRIORITIES
Originated $77 million since 2020 with $32 million, or more than 40%, allocated to climate change priorities
REDUCE LOCATION-BASED GHG EMISSIONS BY 30% FROM 2019 TO 2030
Reduced GHG emissions by 21% between 2020 and 2021
ENGAGE AND EDUCATE 50,000 STAKEHOLDERS ON ENVIRONMENTAL STEWARDSHIP ANNUALLY2
More than 108,000 engaged or educated
METLIFE FOUNDATION COMMITTED TO GRANTING $10 MILLION TO ENVIRONMENTAL CAUSES
More than $1 million total granted since 2020
MAINTAIN CARBON NEUTRALITY ANNUALLY FOR OUR GLOBAL OFFICES, FLEET, AND BUSINESS TRAVEL
Achieved carbon neutrality again in 2021, the sixth consecutive year of maintaining this status3
ACHIEVE GREEN OR HEALTHY BUILDING CERTIFICATION FOR 40% OF OUR GLOBAL OFFICE PORTFOLIO
43% achieved as of year-end 2021
PLANT 5 MILLION TREES PRIORITIZING AREAS VULNERABLE TO NATURAL DISASTERS
Planted more than 200,000 trees since 2020
MOBILIZE 100 SUPPLIERS TO SET A GHG EMISSIONS REDUCTION TARGET BY 2025
70 suppliers have set absolute targets reported through CDP in 2021
MetLife’s 2030 DEI Commitments
TO INVEST IN FIRMS OWNED BY WOMEN, MINORITIES AND DISABLED PERSONS
MetLife will originate $1 billion in investments that advance firms owned by women, minorities and disabled persons. MetLife made a down payment on this commitment with nearly $100 million deployed in 2021.
TO DIRECT SPENDING TO DIVERSE SUPPLIERS
MetLife will reach $5 billion in spend with diverse suppliers – an increase of $1.6 billion from the amount MetLife’s Supplier Inclusion and Development Program has committed since its inception through year-end 2020. MetLife will also annually report the economic impact of this spend.
TO POSITIVELY IMPACT UNDERSERVED AND UNDERREPRESENTED COMMUNITIES THROUGH FUNDING FROM METLIFE FOUNDATION
MetLife Foundation has committed $150 million in funding to support underserved and underrepresented communities.
TO ENGAGE OUR EMPLOYEES IN VOLUNTEER OPPORTUNITIES
MetLife will commit 800,000 employee volunteer hours with a focus on DEI/underserved communities.
TO OFFER SOLUTIONS AND INSIGHTS FOCUSED ON UNDERSERVED COMMUNITIES
MetLife will provide solutions and insights to address the needs of the underserved. For example, MetLife will build partnerships with experts to provide educational content in Upwise™ – the company’s new digital financial wellness app – to tackle the financial challenges disproportionately impacting diverse communities.
TO SUPPORT DEI-FOCUSED RESEARCH
MetLife will support research that advances understanding of DEI issues. For example, MetLife will share insights from the company’s annual Employee Benefit Trends Study and other research initiatives to help employers as they support their increasingly diverse workforces.
TO ADVANCE WORKFORCE DIVERSITY
MetLife will continue to advance workforce diversity by consistently achieving top quartile positioning across each ethnically and racially diverse category in the U.S. and of female officers globally. MetLife also will enhance transparency of the link between top quartile positioning and executive leadership performance.
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