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.
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 56 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Metlife's reported carbon emissions
In 2023, MetLife reported total carbon emissions of approximately 11853000 kg CO2e for Scope 1, 7687000 kg CO2e for Scope 2 (market-based), and 59708000 kg CO2e for Scope 3 emissions, primarily from business travel. This reflects a commitment to transparency in their emissions reporting, with data disclosed across all three scopes. MetLife has set ambitious targets to reduce its carbon footprint. The company aims for a 50% reduction in Scope 1 and 2 emissions from a 2020 baseline by 2030. Additionally, they are committed to achieving carbon neutrality in their operations by 2030, which includes maintaining carbon neutrality annually for their global offices, fleet, and business travel. From 2019 to 2023, MetLife successfully reduced emissions by 44% across their offices and business travel, demonstrating significant progress towards their sustainability goals. Furthermore, they have committed to achieving net-zero greenhouse gas emissions for their global operations and investment portfolio by 2050 or sooner. MetLife's emissions data and reduction initiatives are sourced directly from MetLife, Inc., ensuring that their commitments are aligned with industry standards and best practices in climate action.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Scope 3 | 28,330,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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 participating in some of the initiatives that 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.
