The Prudential Assurance Company Limited Sustainability Profile
The Prudential Assurance Company Limited, commonly known as Prudential, is a leading financial services provider headquartered in Great Britain. Founded in 1848, Prudential has established a strong presence in the insurance and investment sectors, serving millions of customers across the UK and Asia. With a focus on life insurance, pensions, and asset management, Prudential distinguishes itself through innovative products designed to meet the evolving needs of its clients. The company has achieved significant milestones, including its expansion into international markets and a robust digital transformation strategy. Recognised for its financial strength and customer-centric approach, Prudential holds a prominent position in the industry, consistently delivering value and security to its policyholders.
DitchCarbon Score
How does The Prudential Assurance Company Limited'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
The Prudential Assurance Company Limited's score of 28 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Prudential Assurance Company Limited's reported carbon emissions
In 2023, The Prudential Assurance Company Limited reported total carbon emissions of approximately 6,023,000 kg CO2e from Scope 3 sources and about 580,000 kg CO2e from combined Scope 1 and 2 emissions. This marks a significant increase in Scope 1 and 2 emissions from the previous year, where they were reported at approximately 4,905,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives, nor does it appear to have set Science-Based Targets Initiative (SBTi) reduction targets. The emissions data is cascaded from the parent organization, with the figures reflecting the company's current subsidiary status within the corporate family. The Prudential Assurance Company Limited's climate commitments remain vague, as no specific climate pledges or reduction initiatives have been documented. The absence of detailed reduction strategies highlights a potential area for improvement in their sustainability efforts.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | - | - |
| Scope 3 | - | 0,000,000 |
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The Prudential Assurance Company Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
The Prudential Assurance Company Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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