PGIM REAL ESTATE
PGIM Real Estate, a prominent division of PGIM, Inc., is headquartered in the United States and operates across major global markets, including North America, Europe, and Asia-Pacific. Founded in 1970, PGIM Real Estate has established itself as a leader in the real estate investment industry, focusing on core areas such as equity and debt investments, as well as real estate securities. With a diverse portfolio that spans various asset classes, PGIM Real Estate offers unique investment solutions tailored to meet the needs of institutional investors. The firm is recognised for its robust research capabilities and innovative strategies, which have contributed to its strong market position. Notable achievements include a significant track record of delivering consistent returns and a commitment to sustainable investing practices, setting PGIM Real Estate apart in a competitive landscape.
DitchCarbon Score
How does PGIM REAL ESTATE'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.
Industry Average
Mean score of companies in the Real Estate 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.
Industry Benchmark
PGIM REAL ESTATE's score of 10 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 REAL ESTATE's reported carbon emissions
In 2022, PGIM Real Estate reported significant carbon emissions, totalling approximately 1,356,000,000 kg CO2e. This figure includes 76,913,000 kg CO2e from Scope 1 emissions, 394,345,000 kg CO2e from Scope 2 emissions, and a substantial 883,687,000 kg CO2e from Scope 3 emissions, which notably includes 413,163,000 kg CO2e attributed to purchased goods and services. The company has demonstrated a commitment to sustainability, although specific reduction targets or initiatives have not been disclosed. In 2021, PGIM Real Estate reported an emissions intensity of 7,900 MTCO2e per square foot, indicating a focus on measuring and managing their carbon footprint in relation to their property portfolio. While no specific climate pledges or Science-Based Targets Initiative (SBTi) reduction targets have been established, PGIM Real Estate's emissions data reflects their ongoing efforts to address climate change within the real estate sector. The company continues to monitor and report on its emissions, aligning with industry standards for transparency and accountability in environmental impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2022 | |
|---|---|
| Scope 1 | 76,913,000 |
| Scope 2 | 394,345,000 |
| Scope 3 | 883,687,000 |
Industry emissions intensity
Location emissions intensity
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.
PGIM REAL ESTATE 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.
