MetLife Inc. has joined the United Nations Global Compact, the world's largest corporate sustainability initiative.
The matter was confirmed in a press release issued by MetLife on Wednesday.
MetLife President and CEO Michel Khalaf said, "Sustainability is central to MetLife's efforts to build a more confident future for all our stakeholders,"
"Joining the UN Global Compact will help us strengthen our commitment in the years ahead.", Michel added.
The UN 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.
The mandate of the UN Global Compact is to guide and support the global business community in advancing UN goals and values through responsible corporate practices.
Last week, MetLife issued its annual Sustainability Report, which aligns with the UN Sustainable Development Goals and described in detail the ways MetLife and MetLife Foundation deliver for their stakeholders.
In 2019, MetLife became the first insurance company to join the UN Women Global Innovation Coalition for Change and in February 2020, the company became the first US-based insurer to sign the UN Women's Empowerment Principles.