Prudential Financial

Prudential Financial, headquartered in the UK, operates in the Insurance and pension funding services sector.

For 2025, Prudential Financial's total carbon emissions are approximately 435.7 million kg CO2e. This includes Scope 1 emissions of approximately 13.55 million kg CO2e, Scope 2 emissions (market-based) of approximately 17.67 million kg CO2e, and Scope 3 emissions of approximately 404.49 million kg CO2e.

Looking back, in 2024, the company reported total emissions of approximately 278.46 million kg CO2e. This comprised about 13.61 million kg CO2e from Scope 1, approximately 9.31 million kg CO2e from Scope 2 (market-based), and roughly 255.54 million kg CO2e from Scope 3.

In 2023, Prudential Financial's total emissions were approximately 439.76 million kg CO2e, with about 12.78 million kg CO2e from Scope 1, approximately 16.88 million kg CO2e from Scope 2 (market-based), and roughly 410.10 million kg CO2e from Scope 3.

Prudential Financial has set a near-term absolute reduction target to decrease Scope 1 and Scope 2 emissions by 55% by 2030, using a 2017 baseline year. The company has already exceeded this goal, achieving a 69% decrease in Scope 1 and 2 emissions from their 2017 baseline for facilities included in their emissions reduction target. They also reduced Scope 1 and 2 emissions by 30% between 2022 and 2023 for these facilities.

For the long term, Prudential Financial aims for net-zero Scope 1 and 2 emissions across its primary domestic and international home office operations by 2050. Interim targets include a 97% reduction in Scope 1 and 2 emissions by 2040 from the 2017 baseline, and achieving carbon neutrality for these facilities by 2040. They report being 71% towards their 2040 goal for a 97% Scope 1 and 2 emissions reduction from their 2017 baseline.

Additionally, Prudential Financial has committed to a 40% reduction in greenhouse gas emissions by 2030 and reaching net-zero by 2060, based on a 2019 baseline. PGIM Real Estate, a related entity, has also committed to reducing operational carbon emissions of its global portfolio of managed properties to net zero by 2050. Prudential Financial's emissions and climate commitments are reported directly by Prudential Financial, Inc.