Sustainability For Our For Our Creating Value For the For Our Managing Appendix at MetLife Workforce Customers as an Investor Environment Communities Responsibly Resilient Operations ACHIEVING CARBON NEUTRALITY NET ZERO BY 2050 RESILIENT OPERATIONS 2030 CLIMATE GOALS MetLife is proud to have been the first For years, MetLife has applied a diverse U.S.-based insurer to reach carbon neutrality range of strategies to reduce emissions across our global corporate office portfolio, generated by its environmental footprint. Maintain carbon neutrality vehicle fleet and employee business travel, In 2022, MetLife made the commitment annually for our global offices, and we have maintained the designation for to achieve net zero GHG emissions for fleet and business travel 1 six consecutive years. Our strategy its global operations and general account 2 is twofold: investment portfolio by 2050 or sooner. 1. Reduce emissions as much as possible across This involves building on existing 2030 Reduce location-based GHG our global operations, including through climate goals and substantially reducing implementing energy-efficiency initiatives in emissions in line with the Paris Agreement. emissions by 30% from 2019 our corporate real estate portfolio, minimizing to 2030 employee business travel, and embracing hybrid and electric fleet vehicles; and 2. Offset our remaining emissions through 43% Achieve green or healthy support of renewable energy instruments building certification for 40% and high quality, third-party-certified carbon of our global offices’ square footage is reduction projects in markets where we certified to green or healthy building of our global office portfolio operate. These projects align with the UN standards, putting us ahead of our target (sq. ft.) SDGs and stimulate local economies by to reach 40% by 2030. promoting job creation, human health and women empowerment. Mobilize 100 suppliers to set a GHG emissions reduction target by 2025 1. METLIFE ’S GOALS FOR GHG EMISSIONS AND CARBON NEUTRALITY APPLY TO METLIFE’S OWNED AND LEASED PROPERTIES ACROSS THE WORLD, ITS FLEET OF AUTOMOBILES (SCOPE 1 AND 2 EMISSIONS) AND ITS EMPLOYEE BUSINESS TRAVEL (SCOPE 3 EMISSIONS). 2. THE NET ZERO COMMITMENT APPLIES TO GHG EMISSIONS FROM METLIFE, INC.’S OWNED AND LEASED OFFICES ACROSS THE WORLD, AUTOMOBILE FLEETS, EMPLOYEE BUSINESS TRAVEL AND ASSETS IN METLIFE’S GENERAL ACCOUNT INVESTMENT PORTFOLIO, WHICH INCLUDES THE GENERAL ACCOUNTS OF METLIFE, INC.’S WHOLLY OWNED INSURANCE COMPANY SUBSIDIARIES, WHERE DATA AND METHODOLOGIES ARE AVAILABLE. EMISSIONS ARE TRACKED AND REPORTED IN ACCORDANCE WITH THE GREENHOUSE GAS PROTOCOL. READ MORE ABOUT METLIFE’S CLIMATE COMMITMENTS ONLINE. LEARN ABOUT METLIFE’S GENERAL ACCOUNT INVESTMENT PORTFOLIO ONLINE. 2021 SUSTAINABILITY REPORT 57
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