MassMutual Announces New Net Zero Commitments That Address Climate Change
SPRINGFIELD, MASS. & BOSTON--(BUSINESS WIRE)--
Massachusetts Mutual Life Insurance Company (MassMutual) today announced new commitments that will transition both its portfolio and operations to net zero, advancing a decarbonized economy. The company’s climate change actions will benefit its policyowners, employees, communities and the economy as a whole, while helping ensure its future strength. MassMutual believes that a sustainable future requires immediate and collaborative action to create a path forward.
These commitments, which require abating greenhouse gases added to the atmosphere and balancing emissions output, include:
Net Zero operations by 2030: Achieving net zero greenhouse gas (GHG) emissions in MassMutual’s operations by 2030 by reducing emissions, purchasing renewable energy, and removing the remaining footprint through credible offsets; and,