MetLife has pledged to invest more than $US2.5 billion ($3.33 billion) to achieve its set of 2030 diversity, equity and inclusion (DEI) commitments.

The commitments are designed to address the needs of the underserved and underrepresented through a mix of investments, products and services, supply chain, volunteering, and community efforts.

They include funding to support underserved and underrepresented communities and supporting research that advances understanding of DEI issues.

“MetLife’s purpose calls on us to build a more inclusive and equitable world for all our stakeholders,” MetLife President and CEO Michel Khalaf said.

“The breadth of these commitments demonstrates that we are significantly advancing our DEI efforts on every front.”

MetLife Australia CEO Richard Nunn says the business here has been leveraging the insurer’s global network to make progress in the workplace.

The efforts have earned recognition from the Diversity Council Australia, with MetLife identified as an inclusive workplace, he says.

“This is only the beginning – we will continue to contribute to MetLife’s global DEI efforts, as we aim to have a positive impact on our customers, our people and community,” Mr Nunn said.