The $100 billion pet industry is poised to nearly triple to $275 billion by 2030 thanks to a surge in new owners, favorable demographics and increased per-pet spending.
As featured in the MetLife Annual Report 2016: These grants are leveraging the power of behavioral economics to drive change. Common Cents Lab at Duke University | Social scientists call the gap between what people know they should do and what they actually do the “intention-action” gap. Bridging that gap is important for financial health because financially self-defeating behaviors can have serious consequences. Common Cents Lab is a three-year initiative aimed at using behavioral economic insights to test innovations that can help low-income Americans make better financial decisions.
As featured in the MetLife Annual Report 2016: Nothing inspires innovation like competition. So MetLife Foundation teamed up with Verb, a company that specializes in social innovation, to develop a competition that brings together entrepreneurs and MetLife associates across four regions. The program launched in Ireland, China, and India, with more than 250 social ventures competing and 240 MetLife associates volunteering nearly 1,000 collective hours as mentors and judges.
MetLife Foundation designed its financial inclusion strategy after extensive consultation with global leaders in the industry. We wanted to ensure that our work built on, rather than duplicated, efforts already underway.
EY continues its sustainability journey with its latest report exploring the six material issues the financial services industry is facing, and reflects on their journey with their clients, people and communities.
Historically, most utility capital investments focused on regulated generation and transmission assets that provided the basis for customer rates structures and returns. But the growing interconnectivity within utility assets and electric distribution networks now requires a more holistic approach to planning, and many regulators are requiring utilities to invest in distribution under similar reliability mandates to those governing generation and transmission markets.
Answering the call for increasing energy self-reliance, a grassroots electricity-sharing model is emerging. “Community microgrids,” comprising community-owned or subscribed solar PV and other renewable energy sources, offer participants and surrounding consumers the security of energy resilience in times of grid failure and protection from energy price increases driven by volatile energy markets.
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