Prudential Financial

Prudential Financial, a UK-based company in the insurance and pension funding services sector, has reported its carbon emissions for several years. In 2024, the company reported a total of approximately 39,830,000 kg CO2e in Scope 1 and 2 emissions (market-based), with Scope 3 emissions accounting for approximately 255,541,000 kg CO2e. For 2023, total Scope 1 and 2 emissions (market-based) were approximately 29,660,000 kg CO2e, and Scope 3 emissions were approximately 410,100,000 kg CO2e.

Prudential Financial has established several climate commitments. The company has a near-term target to reduce Scope 1 and 2 emissions by 55% by 2030, using a 2017 baseline year. They have also set a long-term goal to achieve net-zero emissions across their primary domestic and international home office operations by 2050. As of 2023, Prudential reported achieving a 69% decrease in Scope 1 and 2 emissions from their 2017 baseline, exceeding their 2030 target. Furthermore, they are working towards a 97% reduction in Scope 1 and 2 emissions by 2040. In 2024, Prudential reduced its operational emissions by 76% since its 2017 baseline year for the facilities included in its emissions reduction targets.