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 2023, 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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2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into MetLife's Greenhouse Gas Emissions Pathways

As of 2023, 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.

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

As of 2023, MetLife has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

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.

As of 2023, MetLife is ahead of schedule on its total carbon footprint reduction target, having achieved 88.94% of the planned reduction.

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

201920232030035 k70 k105 k140 kBaselineCurrent (-44%)
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