Overall impact
B (74)

Commentary

Metlife is a strong overall performer. With a 'B' rating of 74.4 for overall impact (88th percentile compared to all companies), Metlife ranks 5th out of 43 industry peers, behind Primerica, PartnerRe , Phoenix and 1 other, and ahead of Federal Life, GWG, Aegon and 35 others. On top material causes for Metlife's industry (Insurance), Metlife performs well in Reduced Waste (95.6 score), Disaster Readiness and Effective Aid (95.8), Sustainable Use of Natural Resources (95.2) and 5 other causes where it received an 'A' score and performs poorly in Accountable Institutions (38.5 score), Accountable Institutions (27.3) and Fair Labor Practices (27.9).
Impact
Cause MET
Peer rank
Overall impact

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Impact trend

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Company
Founded
1868
Employees
45,000
Sector
Financials
Industry
Insurance
Sub-industry
Life & Health Insurance
SASB industry
Insurance
Headquarters
Ny, United States
Share classes
MET
Mission
Financial inclusion -- offer more people across the globe access to the financial services they need to build better lives.
Description
MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It operates in six segments: Group Benefits; Retirement and Income Solutions; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings. The company offers life, dental, group short-and long-term disability, paid family and medical leave, individual disability, accidental death and dismemberment, accident and health, vision, and pet insurance, as well as prepaid legal plans; administrative services-only arrangements to employers; and general and separate account, and synthetic guaranteed interest contracts, as well as private floating rate funding agreements. It also provides pension risk transfers, institutional income annuities, structured settlements, and capital markets investment products; and other products and services, such as life insurance products and funding agreements for funding postretirement benefits, as well as company, bank, or trust-owned life insurance used to finance nonqualified benefit programs for executives. In addition, it offers fixed, indexed-linked, and variable annuities; pension products; regular savings products; whole and term life, endowments, universal and variable life, and group life products; longevity and funded reinsurance solutions; credit insurance products; accident & health products covering hospitalization, cancer, critical illness, income protection, and scheduled medical reimbursement plans; and protection against long-term health care services. MetLife, Inc. was incorporated in 1999 and is based in New York, New York.
Material causes
Ethos considers the following causes material for Metlife, based on its industry sub-industry Life & Health Insurance. Learn more about material causes in our methodology overview.

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