Metropolitan Life Insurance Co Sustainability Profile
Metropolitan Life Insurance Company, commonly known as MetLife, is a leading global provider of insurance, annuities, and employee benefit programmes. Headquartered in the United States, MetLife operates extensively across North America, Asia, Europe, and Latin America, serving millions of customers worldwide. Founded in 1868, the company has achieved significant milestones, including its expansion into international markets and the introduction of innovative insurance products. MetLife's core offerings include life insurance, dental and vision plans, and retirement solutions, distinguished by their customer-centric approach and comprehensive coverage options. As a prominent player in the insurance industry, MetLife has garnered recognition for its financial strength and commitment to customer service, consistently ranking among the top insurance providers globally.
DitchCarbon Score
How does Metropolitan Life Insurance Co'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
Metropolitan Life Insurance Co's score of 62 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Metropolitan Life Insurance Co, headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of MetLife, Inc., which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Metropolitan Life Insurance Co, it is important to note that any climate initiatives or targets would likely be aligned with those set by its parent company, MetLife, Inc. This includes potential commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are cascaded from MetLife, Inc. at a corporate family level. As a part of the insurance industry, Metropolitan Life Insurance Co is expected to engage in climate-related risk assessments and sustainability practices, although specific details on their initiatives or performance are not available at this time.
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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 | 00,000,000 | 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 Metropolitan Life Insurance Co's Industry?
How Carbon Intensive is Metropolitan Life Insurance Co's Location?
Metropolitan Life Insurance Co's Scope 3 Categories Breakdown
Metropolitan Life Insurance Co'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
Metropolitan Life Insurance Co'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.
Metropolitan Life Insurance Co has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
