MetLife
Corporate Bias Rating
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Risk Level:
Summary:
MetLife scored a 95 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, MetLife increases the risk of dividing employees, alienating customers and harming shareholders. The company provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. MetLife forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. The company terminated its nonprofit discount program with the NRA due to pressure from gun control advocacy organization. MetLife's President and CEO signed Catalyst's Champions for Change pledge, indicating its support of DEI in its leadership composition through the establishment of gender and racial targets. The company supports the Equality Act and opposes efforts to save women's sports, and has committed to multiple acts of public engagement and advocacy with the LGBTQ community. MetLife denounced the Georgia election integrity bill. The company opposed the Florida Parental Rights in Education Act, which would prohibit teaching gender identity and sexual orientation to kids in K-3rd grade. The CEO of MetLife, Michel Khalaf, is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. MetLife opposed legislation in Iowa intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. The company is a signatory of the Institutional Limited Partners Association’s Diversity in Action Initiative, committing itself to specific actions that advance DEI within the governance and policies of the organization and the private equity industry more broadly. MetLife’s CEO, Michael Khalaf, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. The company gives to the HRC, a gay rights advocacy organization that endorses the Equality Act. MetLife also pledged $5 million to the Black Lives Matter organization and related causes. The company is a corporate partner of the National LGBT Chamber of Commerce. MetLife is a Gold partner of PFLAG, an LGBTQ+ activist group that promotes books for children with sexually explicit and gender fluid content and advocates against laws that inform parents of their child’s gender dysphoria or prevent unapproved transgender medical treatments for minors. The company donated to the Equality Act. For these reasons, MetLife receives a High Risk rating.
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CEO of MetLife
Michel A. Khalaf
Summary:
Headquartered in New York, New York, MetLife is a member of the Fortune 250 operating in the Insurance industry. Michel A. Khalaf and R. Glenn Hubbard, Ph.D. serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $992,572 to Republican causes and $496,575 to Democratic causes. Under their tenure, MetLife currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$992,572
$496,575
Republican
Democrat