In 2024, MetLife completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
MetLife has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2024, the total operational greenhouse gas (GHG) emissions of MetLife amounted to 48,997 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2023, the total operational greenhouse gas (GHG) emissions of MetLife decreased by 6.69%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
In 2024, the total Scope 1 emissions of MetLife were 10,611 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Since 2018, MetLife's Scope 1 emissions have decreased by 58.58%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2023), MetLife's Scope 1 emissions decreased by 10.48%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
In 2024, MetLife reported Scope 2 greenhouse gas (GHG) emissions of 7,987 tCOâ‚‚e using the market-based method and 38,386 tCOâ‚‚e using the location-based method.
Since 2018, MetLife's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 60.22%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2023), MetLife's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that MetLife 's emissions have plateaued with no significant change in its energy consumption footprint.
In 2024, MetLife reported its Scope 2 emissions using the market-based method and using the location-based method.
In 2024, MetLife reported 24,253 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2024 disclosure of MetLife includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.
In 2024, MetLife reported total Scope 3 emissions of 24,253 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Since 2018, MetLife's Scope 3 emissions have remained relatively stable, indicating that MetLife 's emissions have plateaued with no significant change in its value chain footprint.
Compared to the previous year (2023), MetLife's Scope 3 emissions increased by 20.76%, suggesting that the company faced challenges in reducing emissions across its value chain.
In 2024, MetLife reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to MetLife's Scope 3 emissions were:
In 2024, MetLife reported a total carbon footprint of 73,250 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.9% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.
The largest contributor to MetLife's total carbon footprint was Scope 2 emissions, accounting for 52.4% of the company's total carbon footprint, followed by Scope 3 emissions at 33.11%.