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 75 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 2024, Prudential Financial reported global carbon emissions of approximately 13609000 kg CO2e for Scope 1, 9307000 kg CO2e for Scope 2, and 255541000 kg CO2e for Scope 3, totalling about 22916000 kg CO2e for Scope 1 and 2 combined. In Singapore, the company disclosed emissions of about 15000 kg CO2e for Scope 1, 613000 kg CO2e for Scope 2, and 296000 kg CO2e for Scope 3. Prudential has set ambitious climate commitments, aiming for a 55% reduction in Scope 1 and 2 emissions by 2030 from a 2017 baseline. They have achieved a 55.5% reduction in these emissions as of 2023, surpassing their interim target. Furthermore, Prudential is committed to reaching net zero emissions across its primary domestic and international home office operations by 2050, with interim targets of a 97% reduction by 2040. The company has also reported a 30% reduction in Scope 1 and 2 emissions from 2022 to 2023, demonstrating progress towards its long-term goals. These initiatives reflect Prudential's recognition of the importance of addressing climate risk and its commitment to sustainable practices.
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 |
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 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.