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OrganisationsMetlife
Metlife logo

Metlife

Insurance ServicesUnited States
Last verified 9 months agometlife.com

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.

51
DitchCarbon score

+14 vs industry average

Metlife’s score of 51 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Insurance Services is among the least carbon-intensive industries

Industry performance

0.029
20192025

The Insurance Services industry has reduced its overall emissions by 7% since 2019

Emissions trajectory 2020 – 2027

000M000.0M000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Metlife's reported carbon emissions

MetLife's latest reported carbon emissions for 2024 show a total of approximately 18.6 million kg CO2e, comprising 10.61 million kg CO2e in Scope 1 and 7.99 million kg CO2e in Scope 2 (market-based). Scope 3 emissions from business travel were reported at 24.25 million kg CO2e for the same year. In 2023, total emissions were approximately 19.54 million kg CO2e (11.85 million kg CO2e Scope 1 and 7.69 million kg CO2e Scope 2 market-based), with business travel accounting for 20.08 million kg CO2e. MetLife has set ambitious climate commitments. Notably, the company aims to achieve carbon neutrality in its operations by 2030, and reduce its Scope 1 and Scope 2 emissions by 50% from a 2020 baseline by the same year. Furthermore, MetLife is committed to achieving Net Zero greenhouse gas emissions for its global operations and investment portfolio by 2050 or sooner. For its real estate equity investments, MetLife's subsidiaries are targeting a 50% reduction in Scope 1 and 2 emissions from a 2020 base year by 2030. The company also reported a 44% reduction in emissions across its offices and business travel between 2019 and 2023. MetLife's sustainability reporting indicates these targets are aligned with industry standards, and the company is actively engaged in climate initiatives.

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Metlife’s Climate Goals (2030 & 2050)

6 goals

2050

Net Zero greenhouse gas (GHG) emissions for its global opera…

Net Zero greenhouse gas (GHG) emissions for its global operations and General Account (GA) investment portfolio by 2050 or sooner.

At risk0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

1 of 15 categories disclosed
Business Travel100%
Business Travel100%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Metlife logoMetlife
USInsurance Services
9 months ago
51
Zurich logoZurich
CHBusiness Services
4 days ago
100
View
Aetna logoAetna
USHealth Services
5 days ago
90
View
Travelers logoTravelers
USInsurance Services
3 days ago
66
View
Chubb logoChubb
USBusiness Services
2 days ago
54
View
Wells Fargo logoWells Fargo
USFinancial Intermediation
4 days ago
53
View
Old Mutual logoOld Mutual
ZAFinancial Intermediation
16 hours ago
52
View

Frequently asked questions

Common questions about Metlife’s sustainability data and climate commitments

MetLife's total carbon emissions for 2024 are approximately 18.6 million kg CO₂e. This includes around 10.6 million kg CO₂e from Scope 1 emissions and about 8 million kg CO₂e from Scope 2 emissions. Additionally, Scope 3 emissions from business travel are reported at approximately 24.3 million kg CO₂e. These figures highlight MetLife's ongoing efforts to monitor and manage its carbon footprint as part of its sustainability strategy.

Data year: 2024

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You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

Where does DitchCarbon
data come from?

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Ditchcarbonv260319.2
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