PGIM, Inc., a leading global investment management firm, is headquartered in the United States and operates across major regions including North America, Europe, and Asia. Founded in 1875, PGIM has established itself as a key player in the financial services industry, specialising in asset management, retirement solutions, and investment advisory services. With a diverse range of core products, including fixed income, equity, and alternative investments, PGIM distinguishes itself through its robust research capabilities and client-centric approach. The firm is recognised for its strong market position, managing substantial assets for institutional and retail clients alike. Notable achievements include consistently high rankings in various industry surveys, reflecting PGIM's commitment to delivering innovative investment solutions and exceptional client service.
How does PGIM, Inc.'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 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.
PGIM, Inc.'s score of 39 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
PGIM, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Prudential Financial, Inc., and any relevant emissions data or climate commitments may be inherited from this parent organisation. As of now, PGIM, Inc. has not outlined any specific reduction targets or initiatives related to carbon emissions. The absence of documented reduction targets suggests that the company may still be in the process of developing its climate strategy or aligning with broader corporate sustainability goals set by Prudential Financial, Inc. In the context of climate commitments, PGIM, Inc. is part of a larger corporate family that may engage in various sustainability initiatives, but specific details regarding their individual commitments or performance are not currently available. The company’s climate strategy may be influenced by Prudential Financial, Inc.'s broader environmental goals, which could include participation in initiatives such as the Carbon Disclosure Project (CDP) at a cascade level of 2. Overall, while PGIM, Inc. does not present specific emissions data or reduction targets at this time, its affiliation with Prudential Financial, Inc. may provide a framework for future climate commitments and sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,836,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 67,070,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 11,945,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
PGIM, Inc.'s Scope 3 emissions, which decreased by 38% last year and increased significantly since 2014, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
PGIM, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.