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 Energy Data Preview

In 2023, MetLife disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

MetLife disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, MetLife also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate MetLife's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Energy Renewability

In 2023, MetLife consumed a total of 583,603.2 Gigajoules of energy across its operations. Of this total, 61.53% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 38.47% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

MetLife's Energy Renewability Rate

62%

How much of MetLife's energy consumed is renewable?

In 2023, MetLife consumed a total of 583,603.2 Gigajoules of energy, of which 61.53% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This moderate level of renewable energy adoption indicates that MetLife is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are MetLife's energy practices becoming more sustainable?

Since 2023, MetLife's total energy consumption decreased by 30.1%, suggesting a recent decline in overall energy demand.

Over the same period, the share of renewable energy in MetLife's consumption decreased by 13.01%, showing a recent negative trend in clean energy adoption.

MetLife's Renewable vs Non-renewable Energy Over Time

649.63 k299.63 k50.37 k649.63 kGigajoules (GJ)2019202397%62%38%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into MetLife's Energy Consumption & Production Mix

In 2023, MetLife disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the MetLife's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

MetLife's Energy Consumed by Sources and Technologies

Biomass, GeothermalEnergy, Hydropower,Solar Energy,Electricity(Unspecified Source)and Wind Energy(71.2%)Fuel Oil, NaturalGas, Transport Fuel,Cooling(Unspecified Source)and Heat(Unspecified Source)(28.8%)

What are the main sources and generation technologies behind MetLife's energy consumption?

In 2023, MetLife's total energy consumption was primarily sourced from

  • Biomass, Geothermal Energy, Hydropower, Solar Energy, Electricity (Unspecified Source) and Wind Energy (71.22%)
  • Fuel Oil, Natural Gas, Transport Fuel, Cooling (Unspecified Source) and Heat (Unspecified Source) (28.78%)

How diverse is MetLife’s energy consumption mix?

In 2023, MetLife consumed energy from 9 different sources or generation technologies, indicating a highly concentrated energy mix, with Biomass, Geothermal Energy, Hydropower, Solar Energy, Electricity (Unspecified Source) and Wind Energy alone accounting for 71.22% of total consumption.

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