1 As of December 31, 2020. At estimated fair value. Dollars in billions. See Explanatory Note.
2 Includes commercial, agricultural, and residential mortgage loans contained in MetLife’s general account (adjusted as described in the Explanatory Note), separate accounts, and nonproprietary assets of unaffiliated/third-party clients.
3 Includes cash equivalents.
4 Includes real estate and real estate joint ventures contained in MetLife’s general account (adjusted as described in the Explanatory Note), separate accounts, and nonproprietary assets of unaffiliated/third-party clients.
5 Includes limited partnerships, collective trusts, mutual funds registered under the Investment Company Act, and other vehicles offered or available to qualifying investors, including third parties and affiliates.
6 Includes nonprofit clients, Taft-Hartley pension fund clients, and asset manager clients.
7 MIM may periodically refine or otherwise modify its definition of responsible investments and the components thereof based on data availability or other factors. In the current year MIM updated the definition of responsible investments to reflect the addition of certain assets in the green investments and infrastructure investments categories. As a result, the responsible investments data for the current year includes certain responsible investments originated or purchased in prior years. MIM has not updated the responsible investments data for prior years to reflect the updated definition.
8 MIM currently defines green investments to include 1) LEED, ENERGY STAR, BREEAM and/or Fitwel certified real estate equity investments; 2) commercial mortgage loans secured by LEED and/or ENERGY STAR certified real estate; 3) renewable energy projects, including wind and solar; 4) ESPCs (Energy Savings Performance Contracts); 5) public and private corporate green bonds; and 6) PACE (Property Assessed Clean Energy) residential and commercial loans.
9 Municipal Bonds include taxable and tax-exempt revenue bonds and, to a much lesser extent, general obligations of states, municipalities, and political subdivisions.