{"id":505490,"date":"2021-06-22T09:07:07","date_gmt":"2021-06-22T13:07:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/metlife-to-originate-500-million-in-social-and-environmental-impact-investments-by-2030\/"},"modified":"2021-06-22T09:07:07","modified_gmt":"2021-06-22T13:07:07","slug":"metlife-to-originate-500-million-in-social-and-environmental-impact-investments-by-2030","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/metlife-to-originate-500-million-in-social-and-environmental-impact-investments-by-2030\/","title":{"rendered":"MetLife to Originate $500 Million in Social and Environmental Impact Investments By 2030"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>MetLife to Originate $500 Million in Social and Environmental Impact Investments By 2030<\/b><\/p>\n<p class=\"bwalignc\"><i>Latest Sustainability Report Highlights MetLife\u2019s Actions to Advance Diversity, Equity and Inclusion in the Workplace and Society<\/i><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nIn its annual <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fsustainabilityreport.metlife.com%2Fcontent%2Fdam%2Fmetlifecom%2Fus%2Fsustainability%2Fpdf%2Freport%2F2020%2F2020-sustainability-report.pdf%3Fcid%3Dprbzd39%26utm_id%3Dprbzd39%26utm_source%3Deet%26utm_medium%3Dpublic%2520relations%2520%2528businesswire%2529%26utm_campaign%3Debw_sr_2q21_MetLife%26utm_content%3Dpr&amp;esheet=52448948&amp;newsitemid=20210622005297&amp;lan=en-US&amp;anchor=Sustainability+Report&amp;index=1&amp;md5=0652d2a18c5a8e6114103835a457bb98\">Sustainability Report<\/a>, released today, MetLife highlights its commitment to originating $500 million in new impact investments by 2030. In addition to allocating 25% of this commitment to addressing climate change, MetLife will focus on promoting the financial health of underserved people, which includes advancing racial and gender equity in low-income and ethnically diverse communities.\n<\/p>\n<p>\nThe report highlights MetLife\u2019s commitment to fostering a more diverse, equitable, and inclusive workplace and society. In 2020, MetLife was the first U.S.-based insurer to sign the UN Women\u2019s Empowerment Principles, which have informed the company\u2019s action plans to close gender gaps in the areas of leadership, workplace, marketplace, and community. Globally as of year-end 2020, women represented 52 percent of MetLife\u2019s workforce, 33 percent of its Board of Directors, 30 percent of its Executive Group, and 42 percent of managers.\n<\/p>\n<p>\n\u201cAs a global insurer and purpose-driven company, we strive to create a more confident and sustainable future for all of our stakeholders,\u201d said MetLife President and CEO Michel Khalaf. \u201cBuilding on our 153-year legacy of creating financial security, we are strengthening our commitments to the environment and climate, equity and inclusivity, health and well-being, and economic growth for disadvantaged communities.\u201d\n<\/p>\n<p>\nThe report covers MetLife\u2019s efforts to create positive change across the more than 40 markets where the company operates. Milestones from 2020 include:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nThrough premium credits and contributions, MetLife and MetLife Foundation provided more than a quarter billion dollars of relief to help people around the world cope with the impacts of COVID-19.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li>\nMetLife and MetLife Investment Management sustained job growth, wealth creation, and financial stability by investing $659.6 billion in total assets under management for policyholders and clients.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li>\nMetLife Foundation committed an additional $5 million over three years to promote Black educational and career opportunities, Black business ownership, and racial justice initiatives, supplementing $10 million in existing annual contributions to support diverse communities and racial equity. MetLife also launched EXCELERATE, a talent stewardship program to accelerate mid-level Black and Latino employees into officer-level roles at the company.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li>\nAs part of 11 new environmental goals, MetLife committed to reducing location-based GHG emissions by an additional 30 percent from 2019 to 2030, and originating $20 billion of new green investments such as renewable energy, LEED-certified buildings, and green bonds by 2030. MetLife\u2019s operations have been carbon neutral since 2016 and its green investments now exceed $28.7 billion and include energy-efficient real estate and renewable energy projects.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li>\nMetLife launched a Sustainable Financing Framework to further align its investment and business priorities, and issued a $750 million green funding agreement, securing the U.S. insurance industry\u2019s first green funding agreement-backed note.\n<\/li>\n<\/ul>\n<p>\n\u201cWe believe sustainability must be central to our business strategy and a guiding force behind every aspect of our operations,\u201d said MetLife Chief Sustainability Officer Jon Richter. \u201cThe full scope of our people, products and services, investments, and community efforts help us serve as a force for good in the world.\u201d\n<\/p>\n<p>\nTo read the 2020 Sustainability Report and learn more about MetLife\u2019s commitments, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.metlife.com%2Fsustainability%2F%3Fcid%3Dprbbqd6%26utm_id%3Dprbbqd6%26utm_source%3Deet%26utm_medium%3Dpublic%2520relations%2520%2528businesswire%2529%26utm_campaign%3Debw_sw_2q21_MetLife%26utm_content%3Dpr&amp;esheet=52448948&amp;newsitemid=20210622005297&amp;lan=en-US&amp;anchor=metlife.com%2Fsustainability&amp;index=2&amp;md5=c042b10a5dacc99c1c1937e341c35328\">metlife.com\/sustainability<\/a>.\n<\/p>\n<p><span class=\"bwuline\">About MetLife<br \/>\n<br \/><\/span>MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (\u201cMetLife\u201d), is one of the world\u2019s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.metlife.com&amp;esheet=52448948&amp;newsitemid=20210622005297&amp;lan=en-US&amp;anchor=www.metlife.com&amp;index=3&amp;md5=85e76cb7b7dc8013153bfbd293effee2\">www.metlife.com<\/a><\/p>\n<p><span class=\"bwuline\">Forward-Looking Statements<br \/>\n<br \/><\/span>The forward-looking statements in this news release, such as \u201cbelieve,\u201d \u201ccommitted to,\u201d \u201ccommitment,\u201d and \u201cwill,\u201d are based on assumptions and expectations that involve risks and uncertainties, including the \u201cRisk Factors\u201d MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife\u2019s future results could differ, and it has no obligation to correct or update any of these statements.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210622005297r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210622005297\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210622005297\/en\/<\/a><\/span><\/p>\n<p>\nRachel Pokay<br \/>\n<br \/>331-452-4122<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:rpokay@metlife.com\">rpokay@metlife.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Insurance Environment<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210622005297\/en\/550710\/3\/ML_LOGO_RGB_FINAL_TEMP_100316.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>MetLife to Originate $500 Million in Social and Environmental Impact Investments By 2030 Latest Sustainability Report Highlights MetLife\u2019s Actions to Advance Diversity, Equity and Inclusion in the Workplace and Society NEW YORK&#8211;(BUSINESS WIRE)&#8211; In its annual Sustainability Report, released today, MetLife highlights its commitment to originating $500 million in new impact investments by 2030. In addition to allocating 25% of this commitment to addressing climate change, MetLife will focus on promoting the financial health of underserved people, which includes advancing racial and gender equity in low-income and ethnically diverse communities. The report highlights MetLife\u2019s commitment to fostering a more diverse, equitable, and inclusive workplace and society. In 2020, MetLife was the first U.S.-based insurer to sign the UN Women\u2019s Empowerment &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/metlife-to-originate-500-million-in-social-and-environmental-impact-investments-by-2030\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MetLife to Originate $500 Million in Social and Environmental Impact Investments By 2030&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-505490","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MetLife to Originate $500 Million in Social and Environmental Impact Investments By 2030 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/metlife-to-originate-500-million-in-social-and-environmental-impact-investments-by-2030\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MetLife to Originate $500 Million in Social and Environmental Impact Investments By 2030 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MetLife to Originate $500 Million in Social and Environmental Impact Investments By 2030 Latest Sustainability Report Highlights MetLife\u2019s Actions to Advance Diversity, Equity and Inclusion in the Workplace and Society NEW YORK&#8211;(BUSINESS WIRE)&#8211; In its annual Sustainability Report, released today, MetLife highlights its commitment to originating $500 million in new impact investments by 2030. In addition to allocating 25% of this commitment to addressing climate change, MetLife will focus on promoting the financial health of underserved people, which includes advancing racial and gender equity in low-income and ethnically diverse communities. The report highlights MetLife\u2019s commitment to fostering a more diverse, equitable, and inclusive workplace and society. 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In addition to allocating 25% of this commitment to addressing climate change, MetLife will focus on promoting the financial health of underserved people, which includes advancing racial and gender equity in low-income and ethnically diverse communities. The report highlights MetLife\u2019s commitment to fostering a more diverse, equitable, and inclusive workplace and society. 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