MetLife has joined the United Nations (U.N.) Global Compact, the world’s largest corporate sustainability initiative which 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.
MetLife Australia Chief Executive Officer, Richard Nunn says in a statement that sustainability has long been a focus for MetLife in Australia and globally.
“Joining the world’s largest sustainability initiative, the U.N. Global Compact, will ensure our purpose, strategy and ongoing operations align with universal suitability principles.”
He added that the company knows its customers and business partners “…expect us to be making a positive impact on the world and this step will help us continue to support the work of U.N. goals”.
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 encompass human rights, labor laws, the environment and corruption.
The insurer also notes that it recently 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. Click here for more information.