MIM seeks to deliver client solutions that manage risk and create sustainable investment returns. We believe material ESG factors have an impact on investment performance and are important considerations to effectively manage risk and achieve our clients’ investment objectives.
MetLife recognizes that rapid climate change and related environmental impacts can create additional risks for our agriculture loans. In 2020, as part of our ongoing efforts to continually strengthen our risk assessment and management processes, MIM expanded its agreement with AQUAOSO, a water risk software system, beyond California to include water sustainability analysis of agricultural loans we provide in Oregon and Washington. The AQUAOSO software allows enhanced insight into the risks associated with borrowers’ land and land practices by providing on-demand research and custom reports based on proprietary and public data.