Public Profile

The Prudential Assurance Company Limited

The Prudential Assurance Company Limited, commonly known as Prudential, is a leading financial services provider headquartered in Great Britain. Founded in 1848, Prudential has established a strong presence in the insurance and investment sectors, serving millions of customers across the UK and Asia. With a focus on life insurance, pensions, and asset management, Prudential distinguishes itself through innovative products designed to meet the evolving needs of its clients. The company has achieved significant milestones, including its expansion into international markets and a robust digital transformation strategy. Recognised for its financial strength and customer-centric approach, Prudential holds a prominent position in the industry, consistently delivering value and security to its policyholders.

DitchCarbon Score

How does The Prudential Assurance Company Limited'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.

28

Industry Average

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.

27

Industry Benchmark

The Prudential Assurance Company Limited's score of 28 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.

75%

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The Prudential Assurance Company Limited's reported carbon emissions

In 2023, The Prudential Assurance Company Limited reported total carbon emissions of approximately 6,023,000 kg CO2e from Scope 3 sources and about 580,000 kg CO2e from Scope 1 and 2 combined. This marks a significant increase in Scope 1 and 2 emissions compared to 2022, where they were reported at approximately 4,905,000 kg CO2e. Despite the increase in emissions, Prudential has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments or science-based targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. As a major player in the financial services sector, Prudential's emissions profile highlights the importance of addressing both direct and indirect emissions, particularly in Scope 3, which often represents the largest share of a company's carbon footprint. The company’s ongoing efforts to understand and manage its emissions will be crucial in aligning with industry standards and responding to the growing demand for corporate sustainability.

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20222023
Scope 1
-
-
Scope 2
-
-
Scope 3
-
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. The Prudential Assurance Company Limited's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for The Prudential Assurance Company Limited is in GB, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

The Prudential Assurance Company Limited is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers