Prudential plc
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Prudential plc's score of 36 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Prudential plc's reported carbon emissions
In 2023, Prudential plc reported total carbon emissions of approximately 3,600,000,000 kg CO2e across all scopes. This includes 2,108,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 12,318,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 3,600,000,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions, particularly from investments. Comparatively, in 2022, Prudential's emissions were approximately 3,100,000,000 kg CO2e in Scope 3, with Scope 1 and Scope 2 emissions reported at 1,645,000 kg CO2e and 16,938,000 kg CO2e, respectively. In 2021, the figures were 4,700,000,000 kg CO2e for Scope 3, 1,481,000 kg CO2e for Scope 1, and 19,986,000 kg CO2e for Scope 2. Despite these substantial emissions, Prudential plc has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi (Science Based Targets initiative) commitments. The company operates independently without cascading emissions data from a parent organization, ensuring that its reported figures reflect its own operational impact. Overall, Prudential plc's emissions profile highlights the significant challenge of managing Scope 3 emissions, which dominate their carbon footprint, while the lack of formal reduction commitments suggests an area for potential improvement in their climate strategy.
Unlock detailed emissions data
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 |
Industry emissions intensity
Location emissions intensity
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.
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.
