Public Profile

Metlife

Company website

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.

56

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.

26

Industry Benchmark

Metlife's score of 56 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Metlife's reported carbon emissions

In 2023, MetLife reported total carbon emissions of approximately 66,651,000 kg CO2e. This figure includes Scope 1 emissions of about 12,464,000 kg CO2e, Scope 2 emissions of approximately 7,687,000 kg CO2e (market-based), and significant Scope 3 emissions, particularly from business travel, which totalled around 59,708,000 kg CO2e. Over the years, MetLife has made notable progress in reducing its carbon footprint. From 2015 to 2023, the company has decreased its total emissions from about 166,615,000 kg CO2e to the current level, reflecting a commitment to sustainability. Specifically, MetLife aims to reduce its Scope 1, 2, and 3 business travel emissions by 50% from a 2019 baseline by the year 2030. Additionally, MetLife has set a long-term goal to achieve net-zero greenhouse gas emissions for its global operations and General Account investment portfolio by 2050 or sooner. This commitment underscores the company's dedication to addressing climate change and enhancing its environmental performance across all scopes of emissions.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201520162017201820192020202120222023
Scope 1
19,780,000
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
110,670,000
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
36,166,000
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Metlife's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Metlife is headquartered in US, which has a rank of low, indicating low grid carbon 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 committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers