Metlife
MetLife, Inc., a leading global provider of insurance, annuities, and employee benefit programmes, is headquartered in the United States. Founded in 1868, MetLife has established a strong presence in major operational regions, including North America, Europe, and Asia. The company is renowned for its diverse range of core products and services, which include life insurance, dental and vision plans, and retirement solutions, all designed to meet the evolving needs of individuals and businesses. With a commitment to innovation and customer-centric solutions, MetLife has achieved significant milestones, including its recognition as one of the largest life insurers in the world. The company’s focus on digital transformation and sustainability further enhances its market position, making it a trusted choice for millions seeking financial security and peace of mind.
DitchCarbon Score
How does Metlife's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Metlife's score of 64 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Metlife's reported carbon emissions
In 2023, MetLife reported total carbon emissions of approximately 11853000 kg CO2e for Scope 1, 7687000 kg CO2e for Scope 2 (market-based), and 59708000 kg CO2e for Scope 3 emissions, primarily from business travel. This reflects a significant commitment to reducing their carbon footprint, with a target to achieve a 50% reduction in Scope 1, 2, and 3 business travel emissions by 2030, based on 2019 levels. In previous years, MetLife's emissions were notably higher, with 2022 figures showing 12464000 kg CO2e for Scope 1, 7667000 kg CO2e for Scope 2 (market-based), and 344882000 kg CO2e for Scope 3. The company has made strides in reducing emissions, achieving a 44% reduction across offices and business travel from 2019 to 2023. MetLife has set ambitious goals, including achieving carbon neutrality in its operations by 2030 and committing to net-zero greenhouse gas emissions for its global operations and investment portfolio by 2050 or sooner. The company aims to reduce Scope 2 emissions by 50% from a 2020 baseline by 2030, demonstrating a proactive approach to sustainability and climate responsibility.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 15,929,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 108,019,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 28,330,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Metlife is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
