Public Profile

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.

51

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 51 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Metlife's reported carbon emissions

As of 2023, MetLife's total carbon emissions amounted to approximately 66,651,000 kg CO2e. This figure includes emissions from various scopes: Scope 1 emissions were about 11,853,000 kg CO2e, while Scope 2 emissions totalled approximately 7,687,000 kg CO2e (market-based). The company also reported significant Scope 3 emissions, particularly from business travel, which reached about 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 approximately 166,615,000 kg CO2e to 66,651,000 kg CO2e, reflecting a substantial reduction in its overall environmental impact. MetLife has set a target to reduce its Scope 1, 2, and 3 business travel emissions by 50% by 2030, starting from a baseline established in 2019. This commitment underscores the company's dedication to sustainability and its proactive approach to addressing climate change. In summary, MetLife is actively working towards reducing its carbon emissions through specific targets and initiatives, demonstrating its commitment to environmental responsibility within the financial services sector.

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
Taking Reduction Action?

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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