MetLife’s Responsible Investments Driving Sustainable Growth and Community Impact
MetLife takes a responsible, long-term approach to investing through its General Account (GA) portfolio, emphasizing sustainable, value-based strategies. The company’s responsible investment philosophy aims to generate competitive financial returns while also delivering measurable social and environmental benefits — contributing to stronger communities, a healthier planet, and a more secure future for all stakeholders.
MetLife’s responsible investment efforts concentrate on five key areas: infrastructure, green initiatives, municipal bonds, affordable housing, and impact investments. The examples below highlight some of the notable projects financed through MetLife’s GA portfolio in 2024.
Infrastructure Investments
With the expertise of MetLife Investment Management, LLC (MIM) — recognized as the world’s largest manager of infrastructure debt investments by assets under management — MetLife finances projects that foster job creation, community resilience, and economic growth. These investments span across airports, ports, highways, pipelines, energy transmission lines, and power generation facilities. MetLife’s GA portfolio currently includes $23.5 billion in responsible infrastructure assets under management.
To help meet global infrastructure demands, MetLife committed $50 million toward the Mayakan natural gas pipeline, a project connecting affordable U.S. natural gas to Mexico’s Yucatán Peninsula, supporting local economic revitalization. Additionally, the company invested $101 million in the Champlain Hudson Power Express (CHPE), a 339-mile underground and underwater transmission line delivering clean hydroelectric power from Quebec to New York City. Upon completion in spring 2026, CHPE is expected to lower emissions and provide the city with an affordable, renewable energy source.
Green Investments
MetLife also channels capital into businesses and projects advancing environmental stewardship. These investments promote resource conservation, renewable energy development, clean air and water initiatives, and other eco-conscious practices.
Through participation in the Commercial Property Assessed Clean Energy (C-PACE) sector, MetLife finances property upgrades such as solar panels, water-efficient systems, and modernized HVAC units that enhance energy and water performance while mitigating climate-related risks.
In Austin, Texas, MetLife provided debt financing for the Austin Proper Hotel — a LEED Gold-certified property constructed on a reclaimed brownfield site. Built with locally sourced materials, energy-efficient lighting, and a reclaimed irrigation system, the hotel exemplifies sustainable urban design and accessibility.
MetLife also led the investment in Atal Solutions’ Blue Astra Maritime note issuance, which funded the eco-friendly retrofitting of four dry bulk ships. For its commitment to environmental transition, Atal received the 2024 ESG Energy Transition Award from IJGlobal.
Municipal Bonds
MetLife’s municipal bond investments bolster infrastructure, education, and public services across 450 communities in 44 states and Washington, D.C. These funds often support environmentally focused projects — such as clean energy or water systems — as well as socially beneficial initiatives, including affordable housing and school improvements.
In 2024, MetLife invested $81 million in State Housing Finance Agency bonds issued by the Illinois Housing Development Authority. The Authority has generated over $27 billion in financing to construct, purchase, or rehabilitate more than 327,000 homes for low- and middle-income families. These investments align with the International Capital Market Association’s Social Bond Principles, supporting affordable housing, access to essential services, and socioeconomic advancement.
Affordable Housing Investments
MetLife also prioritizes investments that expand access to safe and affordable housing. By partnering with nonprofit organizations, the company supports developments that provide below-market-rate rental homes for essential workers, seniors, and vulnerable populations.
One such initiative includes a £120 million commitment to Local Space, a charitable housing association in the U.K. that offers high-quality, temporary housing to individuals experiencing homelessness. On average, residents stay for six years and receive support services that promote health, education, and overall well-being alongside secure housing.
MetLife’s responsible investment efforts concentrate on five key areas: infrastructure, green initiatives, municipal bonds, affordable housing, and impact investments. The examples below highlight some of the notable projects financed through MetLife’s GA portfolio in 2024.
Infrastructure Investments
With the expertise of MetLife Investment Management, LLC (MIM) — recognized as the world’s largest manager of infrastructure debt investments by assets under management — MetLife finances projects that foster job creation, community resilience, and economic growth. These investments span across airports, ports, highways, pipelines, energy transmission lines, and power generation facilities. MetLife’s GA portfolio currently includes $23.5 billion in responsible infrastructure assets under management.
To help meet global infrastructure demands, MetLife committed $50 million toward the Mayakan natural gas pipeline, a project connecting affordable U.S. natural gas to Mexico’s Yucatán Peninsula, supporting local economic revitalization. Additionally, the company invested $101 million in the Champlain Hudson Power Express (CHPE), a 339-mile underground and underwater transmission line delivering clean hydroelectric power from Quebec to New York City. Upon completion in spring 2026, CHPE is expected to lower emissions and provide the city with an affordable, renewable energy source.
Green Investments
MetLife also channels capital into businesses and projects advancing environmental stewardship. These investments promote resource conservation, renewable energy development, clean air and water initiatives, and other eco-conscious practices.
Through participation in the Commercial Property Assessed Clean Energy (C-PACE) sector, MetLife finances property upgrades such as solar panels, water-efficient systems, and modernized HVAC units that enhance energy and water performance while mitigating climate-related risks.
In Austin, Texas, MetLife provided debt financing for the Austin Proper Hotel — a LEED Gold-certified property constructed on a reclaimed brownfield site. Built with locally sourced materials, energy-efficient lighting, and a reclaimed irrigation system, the hotel exemplifies sustainable urban design and accessibility.
MetLife also led the investment in Atal Solutions’ Blue Astra Maritime note issuance, which funded the eco-friendly retrofitting of four dry bulk ships. For its commitment to environmental transition, Atal received the 2024 ESG Energy Transition Award from IJGlobal.
Municipal Bonds
MetLife’s municipal bond investments bolster infrastructure, education, and public services across 450 communities in 44 states and Washington, D.C. These funds often support environmentally focused projects — such as clean energy or water systems — as well as socially beneficial initiatives, including affordable housing and school improvements.
In 2024, MetLife invested $81 million in State Housing Finance Agency bonds issued by the Illinois Housing Development Authority. The Authority has generated over $27 billion in financing to construct, purchase, or rehabilitate more than 327,000 homes for low- and middle-income families. These investments align with the International Capital Market Association’s Social Bond Principles, supporting affordable housing, access to essential services, and socioeconomic advancement.
Affordable Housing Investments
MetLife also prioritizes investments that expand access to safe and affordable housing. By partnering with nonprofit organizations, the company supports developments that provide below-market-rate rental homes for essential workers, seniors, and vulnerable populations.
One such initiative includes a £120 million commitment to Local Space, a charitable housing association in the U.K. that offers high-quality, temporary housing to individuals experiencing homelessness. On average, residents stay for six years and receive support services that promote health, education, and overall well-being alongside secure housing.
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