Staff Writer
MetLife will achieve carbon neutrality by the end of 2016, becoming the first US-based insurer to do so.
To achieve carbon neutrality in 2016 and beyond, MetLife announced the following commitments:
- Reduce location-based greenhouse gas emissions by 10 percent by 2020 against a 2012 baseline. This 10 percent reduction applies to MetLife’s global owned and leased offices, the Auto & Home business automobile fleet, and business travel. Reductions will be achieved through energy efficiency capital projects, the integration of sustainability best practices into new MetLife workspaces and the increased use of collaboration tools to offset employee travel. Reductions will not be achieved through the purchase of clean energy or carbon offsets, the company said.
- By 2020, require 100 of MetLife’s top suppliers to publicly disclose their GHG emissions and emission-reduction activities. As a financial services company, MetLife’s supply chain represents a significant portion of its environmental impact.
- Reduce energy consumption by 10 percent by 2020 against a 2012 baseline. Reductions will be achieved through lighting retrofits, chiller and boiler replacements, efficient HVAC systems, demand metering, occupancy-sensor installations and other projects.
MetLife is on target to achieve or exceed prior US-based environmental goals set by the company for its US owned and managed office portfolio.
