MetLife a Climate Leader in CDP Report
February 04 2020 - 2:30PM
Business Wire
Fourth straight year company has achieved this
recognition.
MetLife, Inc. (NYSE: MET) today announced that it has earned a
Leadership grade (A-) on climate change in the annual CDP Investor
Report for the fourth consecutive year.
To achieve Leadership status, a company must receive a grade of
either A or A-. This year, only 6 percent of the companies that
disclosed climate-related information to the CDP (formerly known as
the Carbon Disclosure Project) reached that level.
The CDP grades companies on their climate change strategy,
governance of climate-related issues, greenhouse gas (GHG)
emissions disclosure, environmental targets, and climate risk
management processes. It awards points for disclosure of GHG
emissions and reduction activities, strong awareness of climate
change throughout the organization, management of climate-related
risks and opportunities, and preparedness for the transition to a
low-carbon economy.
“MetLife takes pride in both our transparency and our commitment
to environmental stewardship,” said MetLife Chief Sustainability
Officer Tim Ring. “We’re encouraged by our progress, but we also
recognize the need to continue driving sustainable business
strategies.”
MetLife has long been an industry leader on climate change. For
example:
- MetLife was the first U.S.-based insurance company to achieve
carbon neutrality.
- MetLife has earned a spot on the Dow Jones Sustainability Index
North America four years in a row.
- In 2019, MetLife received the U.S. Environmental Protection
Agency’s ENERGY STAR® Partner of the Year Award.
- This year, the U.S. Department of Energy recognized MetLife for
the energy efficiency improvements the company has made as part of
the Better Buildings Initiative.
Additional information about the CDP scoring is available
online.
About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and
affiliates (“MetLife”), is one of the world’s leading financial
services companies, providing insurance, annuities, employee
benefits and asset management to help its individual and
institutional customers navigate their changing world. Founded in
1868, MetLife has operations in more than 40 markets globally and
holds leading 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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Duncan Currie, (917) 940-1969 Duncan.Currie@metlife.com
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