TO INVEST IN FIRMS OWNED BY WOMEN, MINORITIES AND DISABLED PERSONS
MetLife will originate $1 billion in investments that advance firms owned by women, minorities and disabled persons. MetLife made a down payment on this commitment with nearly $100 million deployed in 2021.
TO DIRECT SPENDING TO DIVERSE SUPPLIERS
MetLife will reach $5 billion in spend with diverse suppliers – an increase of $1.6 billion from the amount MetLife’s Supplier Inclusion and Development Program has committed since its inception through year-end 2020. MetLife will also annually report the economic impact of this spend.
TO POSITIVELY IMPACT UNDERSERVED AND UNDERREPRESENTED COMMUNITIES THROUGH FUNDING FROM METLIFE FOUNDATION
MetLife Foundation has committed $150 million in funding to support underserved and underrepresented communities.
TO ENGAGE OUR EMPLOYEES IN VOLUNTEER OPPORTUNITIES
MetLife will commit 800,000 employee volunteer hours with a focus on DEI/underserved communities.
TO OFFER SOLUTIONS AND INSIGHTS FOCUSED ON UNDERSERVED COMMUNITIES
MetLife will provide solutions and insights to address the needs of the underserved. For example, MetLife will build partnerships with experts to provide educational content in Upwise™ – the company’s new digital financial wellness app – to tackle the financial challenges disproportionately impacting diverse communities.
TO SUPPORT DEI-FOCUSED RESEARCH
MetLife will support research that advances understanding of DEI issues. For example, MetLife will share insights from the company’s annual Employee Benefit Trends Study and other research initiatives to help employers as they support their increasingly diverse workforces.
TO ADVANCE WORKFORCE DIVERSITY
MetLife will continue to advance workforce diversity by consistently achieving top quartile positioning across each ethnically and racially diverse category in the U.S. and of female officers globally. MetLife also will enhance transparency of the link between top quartile positioning and executive leadership performance.