MetLife Releases Annual Corporate Responsibility Report
June 21 2017 - 10:30AM
Business Wire
MetLife, Inc. (NYSE:MET) today announced the release of the
company’s annual corporate responsibility report, which highlights
how it manages Environmental, Social and Governance (ESG) issues
and makes a positive impact on society and the economy.
The report, titled Global Impact, includes information on
MetLife’s leadership on climate issues and social impact investing
as well as our efforts to make our products more accessible and
easier to use, enhance customer service, and improve employee
wellness. It also details our accomplishments in workplace
diversity and MetLife Foundation’s work to improve financial
inclusion. For the first time, the report also provides a progress
update on the ESG goals and commitments established in last year’s
report.
“For nearly 150 years, MetLife has managed its business with a
commitment to being a responsible corporate citizen, and
communicating about our ESG activities is one of the many ways we
continue to set a high bar for ourselves,” said Mike Zarcone,
MetLife executive vice president and head of Corporate Affairs.
Some of MetLife’s corporate responsibility activities and
accomplishments in 2016 included:
- Named to the Dow Jones Sustainability
Index – North America (DJSI) for the first time. The DJSI is a
widely recognized standard for corporate responsibility that tracks
leading sustainability-driven companies. MetLife is one of only
eight insurers in North America to appear on the index.
- Recognized with a Climate Leadership
Award from the U.S. Environmental Protection Agency for the
company’s ambitious greenhouse gas emissions reduction goals.
MetLife pledged to become carbon neutral by the end of 2016, a goal
we have achieved.
- Received a grade of “A minus” from CDP
(formerly the Carbon Disclosure Project) for reporting and
management of climate issues. This rating places MetLife in CDP’s
top quartile “Leadership” category among financial services
providers.
- Named to the first ever Bloomberg
Financial Services Gender-Equality Index.
- Recognized by Deloitte and the Alliance
for Board Diversity for having one of the most diverse boards of
any company in the Fortune 500.
- MetLife and MetLife Foundation made $48
million in grants, including $30 million for financial inclusion
efforts that help low-income individuals and families get access to
safe and affordable financial products and services.
Global Impact is prepared in accordance with the latest
guidelines published by the Global Reporting Initiative (GRI), the
nonprofit organization that sets the standard for sustainability
reporting. The GRI Guidelines provide a globally recognized
framework for companies to measure and communicate their
environmental, economic, social and governance performance. By
using this framework, MetLife joins thousands of companies around
the world in quantifying the benefits and impacts of its business
activities.
This year, we are providing an Overview summarizing our efforts
along with a more detailed full report. To view either the Overview
or the full report, and to learn more about MetLife’s corporate
responsibility activities, please visit
www.MetLifeGlobalImpact.com.
About MetLife
MetLife, Inc. (NYSE:MET), through its subsidiaries and
affiliates ("MetLife"), is one of the largest life insurance
companies in the world. Founded in 1868, MetLife is a global
provider of life insurance, annuities, employee benefits and asset
management. Serving approximately 100 million customers, MetLife
has operations in nearly 50 countries and holds leading market
positions in the United States, Japan, Latin America, Asia, Europe
and the Middle East. For more information, visit
www.metlife.com.
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For MetLife, Inc.Jon Richter,
212-578-5370jrichter@metlife.com
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