Prudential Financial, often referred to simply as Prudential, is a leading financial services company headquartered in Great Britain. Established in 1848, Prudential has evolved into a global powerhouse, primarily operating in the insurance and investment sectors. With a strong presence in key markets across Europe, Asia, and the Americas, the company offers a diverse range of products, including life insurance, retirement solutions, and asset management services. Prudential is renowned for its innovative approach to financial planning, providing tailored solutions that meet the unique needs of its clients. The firm has achieved significant milestones, including its expansion into emerging markets and a commitment to sustainable investing. As a trusted name in the industry, Prudential continues to uphold its reputation for reliability and excellence, making it a preferred choice for individuals and businesses seeking comprehensive financial solutions.
How does Prudential Financial's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Prudential Financial's score of 44 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Prudential Financial reported total carbon emissions of approximately 29,660,000 kg CO2e. This figure includes 16,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 26,236,000 kg CO2e from Scope 2 emissions, related to the purchase of electricity. Additionally, Scope 3 emissions, which account for indirect emissions from the value chain, totalled approximately 26,900 kg CO2e, primarily driven by business travel and purchased goods and services. Over the years, Prudential has demonstrated a commitment to reducing its carbon footprint. However, specific reduction targets or initiatives have not been disclosed, indicating a potential area for improvement in their climate strategy. The company has not publicly committed to Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges, which are increasingly becoming industry standards for accountability in climate action. Prudential's emissions data reflects a significant reliance on Scope 2 emissions, highlighting the importance of transitioning to renewable energy sources to achieve further reductions. As the company continues to navigate its climate commitments, enhancing transparency and setting measurable targets will be crucial for aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 7,836 | 0,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 | 00,000 | 00,000 |
Scope 2 | 67,070 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 11,945 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 | 000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Prudential Financial is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.