Metlife Sustainability Profile
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 67 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Metlife's reported carbon emissions
In 2024, MetLife reported total carbon emissions of approximately 30,000,000 kg CO2e, comprising 10,611,000 kg CO2e from Scope 1, 7,987,000 kg CO2e from Scope 2 (market-based), and 24,253,000 kg CO2e from Scope 3, specifically from business travel. In 2023, emissions were slightly higher, with total emissions of about 40,000,000 kg CO2e, including 11,853,000 kg CO2e from Scope 1, 7,687,000 kg CO2e from Scope 2 (market-based), and 20,084,000 kg CO2e from Scope 3. MetLife has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 and 2 emissions from a 2020 baseline by 2030. Additionally, the company is targeting carbon neutrality in its operations by 2030, which includes maintaining carbon neutrality annually for its global offices, fleet, and business travel. Furthermore, MetLife has committed to achieving net-zero greenhouse gas emissions for its global operations and investment portfolio by 2050 or sooner. The company has made significant progress, having reduced emissions by 44% across its offices and business travel between 2019 and 2023. These initiatives reflect MetLife's commitment to sustainability and its proactive approach to addressing climate change within the financial services sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 00,000,000 |
| Scope 2 | 108,019,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 28,330,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Metlife's Industry?
How Carbon Intensive is Metlife's Location?
Metlife's Scope 3 Categories Breakdown
Metlife's Scope 3 emissions, which increased by 21% last year and decreased by approximately 14% since 2013, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 57% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Metlife's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Metlife has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Allstate
Hartford
PICC Life Insurance Company Limited
Progressive
Frequently Asked Questions
Common questions about Metlife's sustainability data and climate commitments