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MetLife, Inc., a leading global provider of insurance and pension funding services, is headquartered in the United States. Founded in 1868, the company has established a strong presence in various regions, including North America, Europe, and Asia, offering a diverse range of financial solutions.
Specialising in life insurance, annuities, employee benefits, and asset management, MetLife distinguishes itself through its commitment to innovation and customer-centric services. The company has achieved significant milestones, including its status as one of the largest life insurers in the world, reflecting its robust market position and dedication to meeting the evolving needs of its clients. With a focus on providing comprehensive financial security, MetLife continues to be a trusted partner for individuals and businesses alike.
72
DitchCarbon score
+33 vs industry average
Metlife’s score of 72 is higher than 81% 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
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
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 reported approximately 9.9 million kg CO2e in Scope 1 emissions, 4.6 million kg CO2e in market-based Scope 2 emissions, and 14.8 million kg CO2e in Scope 3 business travel emissions for 2025. This compares to 10.6 million kg CO2e in Scope 1, 8.0 million kg CO2e in market-based Scope 2, and 24.3 million kg CO2e in Scope 3 business travel emissions in 2024. For 2023, the company reported Scope 1 emissions of 11.9 million kg CO2e, market-based Scope 2 emissions of 7.7 million kg CO2e, and Scope 3 business travel emissions of 20.1 million kg CO2e.
MetLife has set several climate commitments. The company aims to achieve carbon neutrality in its operations by 2030 and net-zero greenhouse gas emissions for its global operations and General Account investment portfolio by 2050 or sooner.
Regarding specific reduction targets, MetLife is committed to reducing its Scope 1 and Scope 2 emissions by 50% from a 2020 baseline by 2030. Additionally, the company targets a 50% reduction in Scope 1, Scope 2, and Scope 3 business travel emissions from a 2019 baseline by 2030. MetLife's investment management arm (MIM) also targets a 50% reduction in Scope 1 and Scope 2 emissions from a 2020 base year by 2030 for its real estate equity investments.
Historically, MetLife reduced emissions by 44% across its offices and business travel between 2019 and 2023. The company previously aimed to reduce location-based greenhouse gas emissions by 10% from a 2012 baseline by 2020, covering offices, its automobile fleet, and business travel.
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Metlife’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
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%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Metlife1 month ago
72
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Frequently asked questions
Common questions about Metlife’s sustainability data and climate commitments
Usage policy
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