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 75 is higher than 90% 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 total carbon emissions of approximately 255,541,000 kg CO2e across all scopes. This includes 13,609,000 kg CO2e from Scope 1, 9,307,000 kg CO2e from Scope 2, and a significant 255,541,000 kg CO2e from Scope 3 emissions. The combined total for Scope 1 and Scope 2 emissions was about 22,916,000 kg CO2e. Prudential has set ambitious targets to reduce its carbon footprint, aiming for a 55% reduction in Scope 1 and Scope 2 emissions by 2030, using 2017 as the baseline year. As of 2023, the company achieved a 55.5% decrease in these emissions, surpassing its interim goal. Furthermore, Prudential is committed to achieving net zero emissions across its primary domestic and international home office operations by 2050. The company has also established a long-term goal to reduce Scope 1 and Scope 2 emissions by 97% by 2040 from the 2017 baseline. As of 2023, Prudential reported being 71% towards this target. These commitments reflect Prudential's recognition of the importance of addressing climate risk and its dedication to sustainable practices.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
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.
