MetLife, Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2019, 2018, 2017

In its 2023 reporting, MetLife, Inc. disclosed greenhouse gas emissions of 72.6K tCO2e/year (Scope 1 & 2 and business travel). By scope: Scope 1: 11.9K tCO2e/year; Scope 2: 40.7K tCO2e/year; Scope 3: 20.1K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
72.6K tCO2e/year (Scope 1 & 2 and business travel)
2023
⚡
Renewable Energy
60% (Electricity Consumption from Renewable Sources)
of total energy
💧
Water Usage
37.6K kgals/year
2023
♻️
Waste
3.4M lbs/year
2023
⚙️
Energy Use
162.1K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).11.9K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.40.7K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).20.1K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202372.6K tCO2e/year (Scope 1 & 2 and business travel)
2022148.5K metric tons CO2e (Scope 1+2 and business travel)
2021131.9K metric tons CO2e (Scope 1+2 and business travel)
2019129.9K tCO2e/year
201816.0K metric tons CO2e (gross Scope 1 without carbon offset)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔭 Long-term

  • Net Zero greenhouse gas (GHG) emissions for our operations and General Account (GA) investment portfolio by 2050 or sooner.

🌱 ESG Focus Areas

Economic performanceEmploymentIndirect economic impactsTraining and educationAnti-corruptionDiversity and equal opportunityAnti-competitive behaviorNon-discriminationEnergyPublic policyEmissionsMarketing and labelingWasteCustomer privacySupplier environmental assessmentFinancial wellnessHealth and well-beingClimate change

⚠️ Challenges & Risks +

  • Data limitations in tracking certain ESG metrics across the global enterprise.
  • Challenges in obtaining complete and reliable data for financed emissions calculations.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards Core option, SASB Standards, TCFD, UNGC
Assurance: Quantis