MetLife Selected as Finalist in Two Categories for the 2015 PR News CSR Awards
March 10, 2015 /3BL Media/ - MetLife, Inc., ranked #1 among life and health insurers on Fortune magazine’s list of the “World’s Most Admired Companies, recently announced that it was selected as a finalist in the 2015 PR News CSR Awards for Sustainability Report of the Year and for Corporation with More Than 25,000 Employees.
Recognizing outstanding sustainability and corporate social responsibility reports for shareholders and key constituents, the designation honors MetLife’s most recent sustainability report, “Global Impact.”
The report, titled Global Impact, includes information on how the company performs on multiple environmental, social and governance issues, including impact investing, product access, workplace diversity, environmental stewardship and financial inclusion.
Global Impact has been prepared in accordance with the latest G4 (fourth generation) guidelines published by the Global Reporting Initiative, the nonprofit organization that sets the standard for sustainability reporting. The GRI Guidelines provide a globally recognized framework for companies to measure and communicate their environmental, economic, social, and governance performance. MetLife is now the only company in the life insurance industry (and one of only 74 companies globally) to apply the latest, fourth generation (G-4) guidelines.
Highlights from the report include:
• Environmental Initiatives
- Since 2003, MetLife has invested $2.8 billion in renewable energy projects.
- The company completed installation of electric car charging stations at all 14 of its U.S. owned and operated facilities, encouraging MetLife employees to drive electric and hybrid cars to reduce carbon emissions.
- 100 percent of MetLife’s owned and operated offices in the United States are now Energy Star-certified, and 50 percent are LEED-certified.
• Impact Investments
- MetLife’s community development investments have topped $8.2 billion.
- Its affordable housing investment portfolio has reached nearly $3 billion.
- And in 2013, MetLife committed $40 million in financing for veterans’ housing in the United States.
• MetLife Foundation
- MetLife Foundation has provided more than half a billion dollars in grants since it was established in 1976.
- In 2013, the Foundation committed $200 million to financial inclusion efforts over the next five years.
- The Foundation has also committed $20 million dollars over the next five years to Sesame Workshop to advance financial capability among nearly 75 million low and moderate-income families with young children in 10 countries.
- MetLife Foundation was No. 1 in philanthropic giving in the U.S. life insurance industry in 2013.
• Diversity & Inclusion
- In 2013, MetLife expanded its Global Women’s Initiative to 21 markets around the world.
- The company also received numerous awards in 2013 for its commitment to diversity and inclusion, with recognition coming from Working Mother Magazine, LatinaStyle Magazine, the Hispanic Association for Corporate Responsibility, Human Rights Campaign, HispanicBusiness.com, GI Jobs Magazine and the Dave Thomas Foundation for Adoption.
About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com
