Across MetLife, we’re guided by our purpose: Always with you, building a more confident future. This includes building a more inclusive and equitable workplace and society.
Our broad set of 2030 diversity, equity and inclusion (DEI) commitments is designed to address the needs of the underserved and underrepresented through a mix of investments, products and services, supply chain, volunteering and community efforts. Each commitment is anchored to our business strategy and informed by the United Nations Sustainable Development Goals. The financial components of these commitments total more than $2.5 billion by 2030.
As we continue to transform our commitments into meaningful actions, we look forward to sharing our progress along the way.
See Our Commitments Snapshot
MetLife is working toward the following commitments by 2030
Progress:
- $981M+ originated since January 1, 2021
Progress:
- $192M spent with diverse suppliers in 2022 for a total of approximately $3.7B since inception of the program
Progress:
Awarded $35.7M in MetLife Foundation grants in 2022 through Economic Inclusion, Financial Health and Resilient Communities portfolios.
Progress:
MetLife employees volunteered 109,000+ hours in 2022, bringing our total to over 171,000 since January 1, 2021
Progress:
- Issued Rural Term Insurance plans for low-income customers of microfinance institutions and financial cooperatives in Nepal.
- Continued to apply inclusionary approaches to better reflect the diverse needs of our customers, such as improvements we’ve made to seven Group Benefits insurance products that help make financial health more inclusive and accessible.
Progress:
- Employee Benefit Trends Study includes DEI-ocused questions, enabling insightful analysis.
- Launched primary research to help understand how our current offerings are serving the needs of diverse employee populations.
- Participated in external surveys and studies, such as McKinsey’s Race in the Workplace study to inform our DEI strategy.
- MetLife Foundation awarded a three-year, $2.7M grant to Syracuse University to accelerate research and thought leadership efforts that address the racial wealth gap.
- Became a Hispanic Promise signatory, pledging to hire, promote, retain and celebrate Hispanic colleagues in the workplace through the We Are All Human Foundation.
Progress:
Achieved top-quartile results in ethnic and racial diversity for officers (U.S. only)
Read our latest Sustainability Report
for more information on MetLife’s initiatives and progress.
Our Approach to Diversity, Equity & Inclusion
By cultivating a purpose-driven and inclusive culture, we’re able to better meet the diverse needs of the customers and communities we serve. Here are some ways we’re approaching that work.
- Establishing a Global Diversity, Equity, and Inclusion Leadership Council to drive DEI strategy and execution across businesses, functions and regions
- Integrating inclusive leadership into our Leading the Future program so people leaders create an inclusive environment
- Launching Inclusion Begins with Me, a global comprehensive set of resources and curated learning, including inclusion dialogues, mandatory courses and the Inclusion Begins with Me: Conversations that Matter podcast
- Launching the INDEAVOR Team Experience, an interactive experiment to apply inclusive behaviors and habits to build greater trust and collaboration
- To drive greater connectivity, sense of community, and employee engagement, we created MOMENTUM. This global initiative aligns and expands our inclusion networks and focuses on causes most important to our people, such as: wellness, the environment, volunteering, social justice, diversity, women’s advancement, veteran’s transition to corporate life and more. MetLife’s 10 inclusion networks are pivotal in connecting colleagues and helping grow our sense of inclusiveness and community across the company.
