Prudential plc, a leading international financial services group, is headquartered in Hong Kong and operates extensively across Asia, the UK, and the US. Founded in 1848, Prudential has established itself as a key player in the insurance and investment sectors, offering a diverse range of products including life insurance, asset management, and retirement solutions. With a strong focus on customer-centric innovation, Prudential distinguishes itself through its comprehensive financial planning services and robust investment strategies. The company has achieved significant milestones, including a notable presence in emerging markets, positioning itself as a trusted provider in the industry. Recognised for its commitment to sustainability and financial inclusion, Prudential plc continues to enhance its market position while adapting to the evolving needs of its clients.
How does Prudential plc'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 plc's score of 36 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Prudential plc reported total carbon emissions of approximately 3,600,000,000 kg CO2e across all scopes. This includes 2,108,000 kg CO2e from Scope 1, 12,318,000 kg CO2e from Scope 2, and a significant 3,600,000,000 kg CO2e from Scope 3, primarily attributed to investments. Comparatively, in 2022, the company emitted about 3,100,000,000 kg CO2e in Scope 3, alongside 1,645,000 kg CO2e in Scope 1 and 16,938,000 kg CO2e in Scope 2. The data indicates a notable increase in Scope 3 emissions, reflecting the challenges in managing emissions from investments. Prudential has not disclosed specific reduction targets or initiatives as part of its climate commitments, which may limit its ability to demonstrate a proactive approach to reducing its carbon footprint. The absence of Science-Based Targets Initiative (SBTi) reduction targets further highlights the need for enhanced climate strategies within the organisation. Overall, Prudential plc's emissions data underscores the importance of addressing Scope 3 emissions, which constitute the majority of its carbon footprint, while also indicating a potential area for future improvement in climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,481,000 | 0,000,000 | 0,000,000 |
Scope 2 | 19,986,000 | 00,000,000 | 00,000,000 |
Scope 3 | 4,700,000,000 | 0,000,000,000 | 0,000,000,000 |
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 plc 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.