MetLife Inc

Common Name
MetLife
Country
United States
Sector
Financial Services
Industry
Insurance - Life
Employees
45,000
Ticker
MET
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
MetLife Inc. is one of the largest global providers of insurance, annuities, and employee benefit programs. Established in 1868, it has built a robust network providing financial protection products t...

MetLife's Climate Target Data Preview

As of 2024, MetLife has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into MetLife ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind MetLife’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore MetLife’s data sources below and access millions more through our Disclosure Search.

a. MetLife's Sustainability Report 2024
a. MetLife's Sustainability Report 2024

Insights into MetLife's Greenhouse Gas Emissions Pathways

As of 2024, MetLife has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations. a

Does MetLife have a target to reduce the emissions from its value chain?

As of 2024, MetLife has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

MetLife's most ambitious value chain target is to reduce these emissions by 50% by 2030, compared to a baseline of 227,867 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2023, MetLife is lagging behind on its value chain emissions reduction target, having achieved 18.14% of the planned reduction. a

MetLife's Value Chain (Scope 3) Emissions Pathway

201920232030060 k120 k180 k240 kCurrent (-9%)Target 2030 (-50%)

Does MetLife have a target to reduce its total carbon footprint?

As of 2024, MetLife has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

MetLife's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 130,740 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 50% by 2030. a

As of 2024, MetLife is ahead of schedule on its total carbon footprint reduction target, having achieved 87.94% of the planned reduction. a

MetLife's Carbon Footprint (Scope 1+2+3) Emissions Pathway

201920242030035 k70 k105 k140 kBaselineCurrent (-44%)
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