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Public Profile
Real Estate Services
US
updated 19 days ago

PGIM REAL ESTATE

Company website

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.

34

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.

22

Industry Benchmark

PGIM REAL ESTATE's score of 34 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

61%

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PGIM REAL ESTATE's reported carbon emissions

In 2022, PGIM Real Estate reported total carbon emissions of approximately 471,258,000 kg CO2e, comprising about 76,913,000 kg CO2e from Scope 1 and about 394,345,000 kg CO2e from Scope 2 emissions. This marked a reduction from 2021, where total emissions were about 841,713,000 kg CO2e, with Scope 1 emissions at approximately 169,290,000 kg CO2e and Scope 2 emissions at about 397,775,000 kg CO2e. PGIM Real Estate has committed to achieving net zero emissions by 2030, with this target encompassing all scopes of emissions. This ambitious goal reflects the organisation's dedication to sustainability and climate action, aligning with industry standards for reducing greenhouse gas emissions. The emissions data is cascaded from PGIM Real Estate Finance, LLC, a current subsidiary of Prudential Financial, Inc., which provides a broader context for PGIM's climate commitments and performance. As of now, PGIM Real Estate has not disclosed any Scope 3 emissions data. Overall, PGIM Real Estate's proactive approach to reducing its carbon footprint and its commitment to net zero emissions by 2030 positions it as a responsible player in the real estate sector, contributing to global efforts to combat climate change.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20212022
Scope 1
169,290,000
00,000,000
Scope 2
397,775,000
000,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. PGIM REAL ESTATE's primary industry is Real estate services (70), which is 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 PGIM REAL ESTATE is in US, 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.

PGIM REAL ESTATE 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

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Where does DitchCarbon data come from?

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

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