MetLife, Inc. joins the United Nations Global Compact, the world’s largest corporate sustainability initiative. The U.N. Global Compact calls for companies to align their operations and strategies with 10 universal principles in the areas of human rights, labor, the environment, and anti-corruption.
“Sustainability is central to MetLife’s efforts to build a more confident future for all our stakeholders,” said MetLife President and CEO Michel Khalaf. “Joining the U.N. Global Compact will help us strengthen our commitment in the years ahead.”
The mandate of the U.N. Global Compact is to guide and support the global business community in advancing U.N. goals and values through responsible corporate practices. The 10 principles of the Global Compact are:
Last week, MetLife issued its annual Sustainability Report, which aligns with the U.N. Sustainable Development Goals and details the ways MetLife and MetLife Foundation deliver for their stakeholders.
Last year, MetLife became the first insurance company to join the U.N. Women Global Innovation Coalition for Change, and in February this year, the company became the first U.S.-based insurer to sign the U.N. Women’s Empowerment Principles.