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Public Profile
Insurance Services
GB
updated 2 months ago

Prudential Financial Sustainability Profile

Company website

Prudential Financial, often referred to simply as Prudential, is a leading financial services company headquartered in Great Britain. Established in 1848, Prudential has evolved into a global powerhouse, primarily operating in the insurance and investment sectors. With a strong presence in key markets across Europe, Asia, and the Americas, the company offers a diverse range of products, including life insurance, retirement solutions, and asset management services. Prudential is renowned for its innovative approach to financial planning, providing tailored solutions that meet the unique needs of its clients. The firm has achieved significant milestones, including its expansion into emerging markets and a commitment to sustainable investing. As a trusted name in the industry, Prudential continues to uphold its reputation for reliability and excellence, making it a preferred choice for individuals and businesses seeking comprehensive financial solutions.

DitchCarbon Score

How does Prudential Financial'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.

89

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.

33

Industry Benchmark

Prudential Financial's score of 89 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

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Prudential Financial's reported carbon emissions

In 2024, Prudential Financial reported total carbon emissions of approximately 255,541,000 kg CO2e across all scopes. This includes 13,609,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 9,307,000 kg CO2e from Scope 2 emissions, related to the purchase of electricity, steam, heating, and cooling. The majority of their emissions, about 255,541,000 kg CO2e, stem from Scope 3, which includes indirect emissions from the value chain, such as business travel and purchased goods and services. Prudential has set ambitious climate commitments, aiming for a 55% reduction in Scope 1 and 2 emissions by 2030 from a 2017 baseline. They are also targeting a 97% reduction by 2040 and have committed to achieving net zero emissions across their primary domestic and international home office operations by 2050. As of 2023, Prudential has already achieved a 69% reduction in Scope 1 and 2 emissions since 2017, exceeding their interim goal. These commitments reflect Prudential's recognition of the importance of addressing climate risk and their proactive approach to sustainability, aligning with industry standards and best practices.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20142015201620172018201920202021202220232024
Scope 1
7,836,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
67,070,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
Scope 3
11,945,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

How Carbon Intensive is Prudential Financial's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Prudential Financial's primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Prudential Financial's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Prudential Financial is in GB, which has a very low grid carbon intensity relative to other regions.

Prudential Financial's Scope 3 Categories Breakdown

Prudential Financial's Scope 3 emissions, which decreased by 38% last year and increased significantly since 2014, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
63%
Business Travel
22%
Employee Commuting
12%
Fuel and Energy Related Activities
3%
Waste Generated in Operations
<1%

Prudential Financial'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.

Prudential Financial 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Prudential Financial's Emissions with Industry Peers

Citi

US
•
Services auxiliary to financial intermediation (67)
Updated 14 days ago

Anthem

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•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 8 hours ago

Metlife

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 15 days ago

Aflac Way

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 7 days ago

China Pacific Insurance

CN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 14 days ago

Equitable Holdings

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 27 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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