Prudential Financial
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.
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 Financial's score of 64 is higher than 98% 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 Financial's reported carbon emissions
In 2024, Prudential Financial reported significant carbon emissions across various scopes. In Singapore, the company recorded Scope 1 emissions of 15,000 kg CO2e, Scope 2 emissions of 613,000 kg CO2e, and Scope 3 emissions of 296,000 kg CO2e. Globally, Prudential's total Scope 1 emissions amounted to approximately 12,776,000 kg CO2e, while Scope 2 emissions reached about 16,884,000 kg CO2e, and Scope 3 emissions were reported at 410,100,000 kg CO2e. Prudential has set ambitious climate commitments, aiming for a 55% reduction in Scope 1 and 2 emissions by 2030, using 2017 as the baseline year. The company has already achieved a 55.5% reduction in these emissions as of 2023. Furthermore, Prudential is committed to reaching net zero emissions across its primary domestic and international home office operations by 2050. This includes interim targets of a 97% reduction in Scope 1 and 2 emissions by 2040. Overall, Prudential Financial is actively working towards substantial emissions reductions and has made significant progress in its sustainability initiatives, aligning with industry standards for climate action.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
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 Financial 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.
