Commercial, Energy Efficiency, GHG Emissions - June 26, 2023
MetLife Reduces Emissions
Insurance company MetLife, Inc. reports is has continued to reduce GHG emissions by 49% since 2019 and is maintaining carbon neutrality.
Details were provided in its 2022 Sustainability Report.
MetLife is committed to net zero greenhouse gas (GHG) emissions for its global operations and General Account investment portfolio by 2050 or sooner.
By 2030, the company plans to reduce Scope 1, 2, and 3 business travel emissions by 50% and two-thirds of suppliers to set emissions reduction goals aligned with climate science.
MetLife also plans to engage emitters responsible for at least 50% of public corporate portfolio financed emissions on climate annually and reduce GHG emissions for managed real estate equity investments by 50%.
“Our commitment to protecting families, businesses and communities underpins our purpose – always with you, building a more confident future – and allows us to make a greater difference,” said MetLife President and CEO Michel Khalaf in a statement. “We deliver on our long-term sustainability commitments through the commitment of our colleagues and the strength of our products, services, and investments.”
Read These Related Articles:
- MetLife Curtails Emissions by 44%
- MetLife Reduces Emissions by 49%
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- MetLife achieves all 2020 sustainability targets
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