Prudential Financial, often referred to simply as Prudential, is a leading financial services company headquartered in Great Britain. Established in 1848, Prudential has evolved into a global powerhouse, primarily operating in the insurance and investment sectors. With a strong presence in key markets across Europe, Asia, and the Americas, the company offers a diverse range of products, including life insurance, retirement solutions, and asset management services. Prudential is renowned for its innovative approach to financial planning, providing tailored solutions that meet the unique needs of its clients. The firm has achieved significant milestones, including its expansion into emerging markets and a commitment to sustainable investing. As a trusted name in the industry, Prudential continues to uphold its reputation for reliability and excellence, making it a preferred choice for individuals and businesses seeking comprehensive financial solutions.
How does Prudential Financial'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 Financial's score of 35 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Prudential Financial reported its carbon emissions, with Scope 1 and 2 emissions totalling approximately 29,660,000 kg CO2e globally. This includes 16,000 kg CO2e from Scope 1 emissions, which comprise mobile combustion, fugitive emissions, and stationary combustion. The company also reported Scope 2 emissions of about 16,884,000 kg CO2e. In terms of Scope 3 emissions, Prudential's data indicates a significant total of approximately 269,000 kg CO2e, primarily driven by business travel and purchased goods and services. Prudential has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint, nor has it committed to any science-based targets. The absence of documented reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, Prudential Financial's emissions data highlights the need for ongoing monitoring and potential future commitments to enhance its sustainability efforts in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 20,349,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 | 00,000 | 00,000 |
Scope 2 | 74,036,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 88,797,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 | 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 Financial is committed to some 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.