Highlights from MetLife's 2018 Global Impact Report

May 28, 2019 8:00 AM ET
Multimedia with summary

Making a Global Impact: Our Corporate Responsibility Strategy

At MetLife, we see our role as building a more protected world in a time of unprecedented change. The company’s commitment to corporate responsibility is integral to this core business purpose. We deliver on this commitment in many ways: through the security we provide customers, the claims we pay during their times of need, our activities in the communities that we serve, and long-term investments in the broader economy. Our goal is to responsibly deliver long-term value for all stakeholders as we navigate life together.

Investing in Society

  • Increased Responsible Investments to more than $52 billion, representing more than 8 percent of Total Assets Under Management at the end of 2018
  • Joined the Global Impact Investing Network (GIIN)
  • MetLife Investment Management (MIM) signed onto Principles for Responsible Investment (PRI) as an investment manager and formed a cross functional Environmental, Social, Governance (ESG) Integration Council

Investing in Our Employees

  • Committed to increase MetLife’s minimum wage level, establish a minimum life insurance benefit, and set a minimum credit of $3600 annually to the company pension plan
  • Announced a $10 million Workforce of the Future Development Fund to deliver learning programs focused on digital skills, innovation and collaboration
  • Updated the MyLearning platform, our online knowledge and skills development curriculum offering employees a personalized learning pathway

Protecting the Environment

  • Joined the Climate Leadership Council as a founding member. This coalition of businesses, NGOs and prominent individuals promotes a steadily increasing price on carbon to help address climate change
  • Mobilized 10,000+ employees in almost 30 countries to promote responsible environmental stewardship through MetLife’s Our Green Impact program
  • Drove green and healthy building best practices, achieving three new LEED certifications

MetLife Foundation: Building Financial Health for All

  • Fulfilled our five-year commitment to provide $200 million in global financial inclusion grants
  • Contributed $44 million to improve financial health and build stronger communities through MetLife Foundation, MetLife, Fundación MetLife México and MetLife Foundation Korea
  • Empowered MetLife employees to volunteer more than 99,000 hours to organizations that improve lives — 40 percent of these hours supported financial health efforts 

Read the complete MetLife 2018 Global Impact report here.