METLIFE BECOMES FIRST U.S. BASED INSURER TO SIGN U.N. WOMEN’S EMPOWERMENT PRINCIPLES
Dhaka March 08, 2020
MetLife, Inc. announced today that it has become the first U.S.-based insurance company to sign the United Nations Women’s Empowerment Principles, a series of commitments created by U.N. Women and the U.N. Global Compact to promote gender equality in the workplace and society.
MetLife President and CEO Michel Khalaf highlighted the signing at a diversity conference in New York City sponsored by the American Council of Life Insurers, the Life Insurance Council of New York, and the American Property Casualty Insurance Association.
Khalaf also announced the formation of a MetLife Gender Equality Team that will partner with the U.N. to identify any gaps – in recruitment, retention, promotion, compensation, and succession planning – and work to close them.
“MetLife’s support for gender equality reflects our purpose of building a more confident future for all,” Khalaf said. “Empowering women is more than a core value for us – it’s a key element of our business strategy. Partnering with the U.N. will help us strengthen our focus and take our commitment to the next level.”
MetLife Bangladesh is also part of this initiative and is committed to promoting gender equality in the workplace and society. “Diversity with its unique perspective, can play a central role in developing a more innovative culture and foster sustainable development of the country in which we operate.” – commented Syed Hammadul Karim, General Manager, Bangladesh, MetLife.
The U.N. Women's Empowerment Principles are:
Principle 1: Establish high-level corporate leadership for gender equality
Principle 2: Treat all women and men fairly at work – respect and support human rights and nondiscrimination
Principle 3: Ensure the health, safety and well-being of all women and men workers
Principle 4: Promote education, training and professional development for women
Principle 5: Implement enterprise development, supply chain and marketing practices that empower women
Principle 6: Promote equality through community initiatives and advocacy
Principle 7: Measure and publicly report on progress to achieve gender equality
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.
MetLife Bangladesh is the leading life insurer in the country. It serves over a million customers and is a major employer in Bangladesh with about 16,000 field force and employees.
To learn more, please visit: www.metlife.com.bd