Commercial, Energy Efficiency, GHG Emissions  -  July 13, 2022

Massachusetts Mutual Implements Roadmap to Net Zero

Massachusetts Mutual Life Insurance Company began to implement a roadmap to achieve net zero emissions in MassMutual’s operations by 2030 and in its investment portfolio by 2050.

The company also announced a strategic investment in Low Carbon, a U.K.-based renewable energy investor and asset manager, to leverage proven technologies that advance renewable energy at scale.

Details of  Mass Mutual’s efforts from 2021 and the first half of 2022 were released in its inaugural 2021 Sustainability Report.

“As a mutual company, we do business with the long-term interests of our policyowners and customers in mind. This focus on mutuality and longevity goes hand-in-hand with our commitment to sustainability, as thinking and acting for the greater good is embedded in who we are,” said Roger Crandall, CEO of MassMutual in a statement. “This mindset enables MassMutual to have big aspirations about how we can build a better world for future generations, and our inaugural sustainability report shows how we are taking action each day to bring that closer to reality.”