Prudential Singapore
Prudential Singapore, a leading player in the insurance and financial services industry, is headquartered in Singapore (SG) and operates extensively across the Asia-Pacific region. Established in 1924, Prudential has marked significant milestones, including its expansion into various financial products and services tailored to meet the diverse needs of its customers. The company offers a comprehensive range of core products, including life insurance, health insurance, and investment-linked plans, distinguished by their customer-centric approach and innovative solutions. Prudential Singapore is renowned for its strong market position, consistently recognised for its commitment to excellence and customer satisfaction. With a focus on empowering individuals to achieve their financial goals, Prudential continues to set benchmarks in the industry, making it a trusted choice for many Singaporeans.
DitchCarbon Score
How does Prudential Singapore'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 Singapore's score of 52 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Prudential Singapore's reported carbon emissions
In 2023, Prudential Singapore reported total carbon emissions of approximately 645,000 kg CO2e, comprising 16,000 kg CO2e from Scope 1, 642,000 kg CO2e from Scope 2, and 269,000 kg CO2e from Scope 3. This reflects a slight decrease in Scope 1 emissions from 20,000 kg CO2e in 2022, while Scope 2 emissions increased marginally from 632,000 kg CO2e. The company has achieved a significant reduction of over 50% in operational emissions per full-time employee (FTE) from a 2016 baseline, demonstrating its commitment to sustainability. Prudential Singapore is aligned with its Group's target to achieve carbon neutrality for Scope 1 and 2 emissions by 2030. Additionally, the Group has set a long-term net zero target by 2050, in accordance with the Intergovernmental Panel on Climate Change (IPCC) pathways to limit global temperature rise to well below 2°C, as outlined in the Paris Agreement. The emissions data is cascaded from Prudential Assurance Company Singapore (Pte) Limited, reflecting the company's commitment to transparency and accountability in its climate initiatives.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 15,000 | 00,000 | 00,000 |
| Scope 2 | 635,000 | 000,000 | 000,000 |
| Scope 3 | 276,000 | 000,000 | 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 Singapore 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.
