Prudential plc, a leading international financial services group, is headquartered in Hong Kong and operates extensively across Asia, the UK, and the US. Founded in 1848, Prudential has established itself as a key player in the insurance and investment sectors, offering a diverse range of products including life insurance, asset management, and retirement solutions. With a strong focus on customer-centric innovation, Prudential distinguishes itself through its comprehensive financial planning services and robust investment strategies. The company has achieved significant milestones, including a notable presence in emerging markets, positioning itself as a trusted provider in the industry. Recognised for its commitment to sustainability and financial inclusion, Prudential plc continues to enhance its market position while adapting to the evolving needs of its clients.
How does Prudential plc'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 plc's score of 33 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Prudential plc reported total carbon emissions of approximately 3,620,000,000 kg CO2e, comprising 2,108,000 kg CO2e from Scope 1, 12,318,000 kg CO2e from Scope 2, and a significant 3,600,000,000 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. Comparatively, in 2022, Prudential's emissions were about 3,100,000,000 kg CO2e, with Scope 1 emissions at 1,645,000 kg CO2e and Scope 2 emissions at 16,938,000 kg CO2e. In 2021, the company reported total emissions of approximately 4,700,000,000 kg CO2e, with Scope 1 at 1,481,000 kg CO2e and Scope 2 at 19,986,000 kg CO2e. This indicates a notable increase in Scope 3 emissions over the years, highlighting the importance of addressing upstream and downstream impacts in their climate strategy. Prudential plc has not set specific reduction targets or initiatives as part of their climate commitments, nor have they disclosed any climate pledges or SBTi (Science Based Targets initiative) targets. The absence of formal reduction initiatives suggests a need for further development in their sustainability strategy. Overall, Prudential plc's emissions data underscores the significant role of Scope 3 emissions in their carbon footprint, necessitating a strategic focus on reducing these emissions to enhance their climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,481,000 | 0,000,000 | 0,000,000 |
Scope 2 | 19,986,000 | 00,000,000 | 00,000,000 |
Scope 3 | 4,700,000,000 | 0,000,000,000 | 0,000,000,000 |
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 plc 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.