Recognized for Its Commitment to Building a Sustainable Society Through Impactful Corporate Social Responsibility
HONG KONG, CHINA - (Marketwired, Apr 26, 2016) - MetLife Hong Kong*, a wholly-owned subsidiary of MetLife, Inc., the #1 U.S. life insurer^, announced today that it has been honored with the "Caring Company Logo" by the Hong Kong Council of Social Service for the fourth year in a row in recognition of its contributions to the community. This acknowledgement follows MetLife Hong Kong's achievement as the Corporate Citizen of the Year (Best-In-Class) by the prestigious BENCHMARK Wealth Management Awards 2015.
Ms. Sunshine Farzan, Head of Marketing and Communications of MetLife Hong Kong, said, "It's always an honor to receive this recognition. It is a great encouragement and affirmation of our philanthropic culture. We take pride in helping all members of the Hong Kong community. We will continue our CSR commitment to corporate and support of local charities and non-profit organizations to build a well-protected future for the community."
MetLife Hong Kong has made significant contributions to the community by launching corporate social responsibility initiatives and programs to promote the importance of women's health, wellness, employee volunteering programs and financial inclusion. This year marks the MetLife Foundation's second year as its exclusive sponsor. The Financial Inclusion Challenge is a competition managed by The Wall Street Journal that encourages non-profit and for-profit enterprises to showcase programs that provide innovative, sustainable solutions for individuals and families struggling to be part of the financial mainstream.
MetLife Hong Kong encourages employee participation in MetLife Volunteer Programs, in which employees who volunteer receive a full-day leave. For instance, this month, MetLife Hong Kong has teamed up with Habitat for Humanity to support Project Home Works, a program that ensures low-income and vulnerable people in Hong Kong have safe and decent homes to live in.
Fundamental to MetLife Hong Kong's CSR strategy is its commitment to promoting women's health by raising breast cancer awareness and educating women about prevention. Breast cancer is the most common cancer amongst Hong Kong women+, and MetLife Hong Kong has reignited the breast cancer conversation among women. In conjunction with the rollout of the first online breast cancer product in the market#, MetLife Hong Kong partnered the Hong Kong Breast Cancer Foundation and sponsored Breast Cancer Awareness Day to promote public awareness of breast cancer risks, the importance of breast health, and advocate better breast cancer care in Hong Kong.
"At MetLife we believe in bringing people together and encouraging our employees to reach out to those in their communities who need the most support. We are proud that our employees are enthusiastic and see the value in giving back to society and we strive to develop even more engaging CSR initiatives in the future," said Ms. Farzan.
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ("MetLife"), is one of the largest life insurance companies in the world##. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information about MetLife Hong Kong, visit www.metlife.com.hk.
* MetLife Limited and Metropolitan Life Insurance Company of Hong
Kong Limited (collectively "MetLife Hong Kong") are wholly-owned
subsidiaries of MetLife, Inc. in Hong Kong and private companies limited by
shares incorporated and registered under the applicable laws in Hong Kong. Both
MetLife Limited and Metropolitan Life Insurance Company of Hong Kong Limited
are authorized insurers carrying long term business in Hong Kong.
^ Based on 2015 written premiums. Source: Axco Global Statistics 2016.
+ Source: Hong Kong Cancer Registry, Hospital Authority (2013 figures)
# According to MetLife Limited research as of February 23, 2015
## Based on non-banking assets according to A.M. Best research 2012 data, Best's Review July 2014.
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