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Share Name | Share Symbol | Market | Type |
---|---|---|---|
MetLife Inc | NYSE:MET | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.28 | 0.40% | 70.52 | 70.76 | 69.19 | 70.29 | 3,361,218 | 01:00:00 |
MetLife, Inc. (NYSE:MET) said today that it will achieve carbon neutrality by the end of 2016, becoming the first U.S.-based insurer to do so.
Significantly, MetLife will achieve its goal through real reductions in energy use and greenhouse gas (GHG) emissions, not simply through the purchase of carbon offsets. In addition, MetLife will require its top suppliers to publicly disclose their GHG emissions and mitigation efforts for the first time.
“MetLife has a long history of promoting a healthy environment for our customers, their families and the communities that we serve, and these new environmental goals are an expansion of our commitment,” said Marty Lippert, MetLife executive vice president and head of Global Technology and Operations.
MetLife’s new commitments are:
“We commend MetLife for their commitment to environmental stewardship,” said Lance Pierce, president, CDP North America, an international not-for-profit organization that collects data for companies and cities to measure, disclose, manage and share vital environmental information. “We look forward to seeing them exercise leadership on climate change issues and to charting their progress in future CDP disclosures.”
“We are proud to announce environmental goals that address our global operations across nearly 50 countries,” said Joe Sprouls, MetLife executive vice president and head of Global Corporate Services. “As a company with a large global real estate portfolio, MetLife works hard to reduce energy consumption and optimize our buildings’ environmental performance.”
MetLife’s new commitments build on previously implemented efforts to reduce its environmental impact. Examples include:
MetLife is also on target to achieve or exceed prior U.S.-based environmental goals set by the company for its U.S. owned and managed office portfolio.
For more information on MetLife’s commitment to the environment and other corporate responsibility activities, visit www.metlifeglobalimpact.com.
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.
Forward-Looking Statements
This news release may contain or incorporate by reference information that includes or is based upon forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give expectations or forecasts of future events. These statements can be identified by the fact that they do not relate strictly to historical or current facts. They use words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe” and other words and terms of similar meaning, or are tied to future periods, in connection with a discussion of future operating or financial performance. In particular, these include statements relating to future actions, prospective services or products, future performance or results of current and anticipated services or products, sales efforts, expenses, the outcome of contingencies such as legal proceedings, trends in operations and financial results.
Any or all forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks and uncertainties. Many such factors will be important in determining the actual future results of MetLife, Inc., its subsidiaries and affiliates. These statements are based on current expectations and the current economic environment. They involve a number of risks and uncertainties that are difficult to predict. These statements are not guarantees of future performance. Actual results could differ materially from those expressed or implied in the forward-looking statements. Risks, uncertainties, and other factors that might cause such differences include the risks, uncertainties and other factors identified in MetLife, Inc.'s most recent Annual Report on Form 10-K (the "Annual Report") filed with the U.S. Securities and Exchange Commission (the "SEC"), Quarterly Reports on Form 10-Q filed by MetLife, Inc. with the SEC after the date of the Annual Report under the captions "Note Regarding Forward-Looking Statements" and "Risk Factors," and other filings MetLife, Inc. makes with the SEC. MetLife, Inc. does not undertake any obligation to publicly correct or update any forward-looking statement if MetLife, Inc. later becomes aware that such statement is not likely to be achieved. Please consult any further disclosures MetLife, Inc. makes on related subjects in reports to the SEC.
The purpose of this news release is to describe the environmental goals that MetLife intends to achieve and how the company intends to achieve those goals.
MetLife is the first U.S.-based insurer to adopt carbon neutrality based on an analysis of the Carbon Disclosure Project’s (CDP) database of responses from thousands of organizations worldwide. CDP’s database can be found at: www.cdp.net.
* Scope 1 emissions are all direct GHG emissions, such as on-site energy use at owned and leased offices. Scope 2 emissions are indirect GHG emissions from consumption of purchased electricity, heat or steam.
† Scope 3 emissions are other indirect emissions, such as emissions resulting from business travel.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151110005355/en/
MetLife, Inc.Jon Richter, 212-578-5370
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