MetLife is a provider of insurance, employee benefits and financial services with 70 million customers and over 50,000 employees worldwide. As an industry leader and a growing, global enterprise, the company has committed to driving efforts that address sustainability, reduce its carbon footprint and invest in ventures that will have a positive impact on the environment.
MetLife has worked closely with property manager Cushman & Wakefield to lower energy consumption and improve the environmental performance of MetLife's owned and occupied facilities. Together, the organizations ensured that all of MetLife's owned and occupied properties benchmarked their energy performance with ENERGY STAR Portfolio Manager.. Since joining this program, MetLife has achieved several major accomplishments, which include:
- The ENERGY STAR label for 13 of MetLife's 16 eligible properties.
- These locations reduced consumption by 25M KWh's, or 16%, as well as made significant progress toward the company's overall GHG emissions reduction goal.
- The development of a portfolio-wide best practices manual, which includes information and guidelines on temperature limits, water management and tenant awareness.
- The implementation of more sophisticated strategies in MetLife's offices to improve energy efficiency, including lighting upgrades, the installation of occupancy sensors as well as boiler and chiller replacements.
These and other sustainability initiatives have enabled MetLife to reduce its energy consumption by more than 16% since 2006. At the beginning of 2009, the company reached its objective of reducing emissions by 20%, twelve months ahead of a 2010 target. Since then, the company has reduced emissions an additional 10% beyond its goal. At MetLife sites, almost 60% of the total power used comes from non-carbon fuels and more than 30% of utility power comes from renewable energy sources.
MetLife joined ENERGY STAR in 2004.