Prudential plc, a leading international financial services group, is headquartered in Hong Kong and operates extensively across Asia, the UK, and the US. Founded in 1848, Prudential has established itself as a key player in the insurance and investment sectors, offering a diverse range of products including life insurance, asset management, and retirement solutions. With a strong focus on customer-centric innovation, Prudential distinguishes itself through its comprehensive financial planning services and robust investment strategies. The company has achieved significant milestones, including a notable presence in emerging markets, positioning itself as a trusted provider in the industry. Recognised for its commitment to sustainability and financial inclusion, Prudential plc continues to enhance its market position while adapting to the evolving needs of its clients.
How does Prudential plc'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.
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.
Prudential plc's score of 36 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Prudential plc reported total carbon emissions of approximately 3,600,000,000 kg CO2e, with emissions distributed across all three scopes: 2,108,000 kg CO2e for Scope 1, 12,318,000 kg CO2e for Scope 2, and 3,600,000,000 kg CO2e for Scope 3, which includes investments. This represents a significant increase in Scope 3 emissions compared to 2022, where total emissions were approximately 3,100,000,000 kg CO2e. Prudential's emissions data shows a commitment to transparency, with disclosures for all three scopes. However, there are currently no documented reduction targets or initiatives, such as those from the Science Based Targets initiative (SBTi), indicating a lack of formalised climate pledges or reduction strategies. The company’s operational emissions intensity for 2022 was reported at 1,210 kg CO2e per full-time equivalent (FTE), with a weighted average carbon intensity (WACI) of 0.219 kg CO2e per million USD in revenue. This suggests a focus on improving efficiency, although specific reduction targets have not been established. Overall, Prudential plc's emissions profile highlights the need for enhanced climate commitments and reduction strategies to align with industry standards and expectations for corporate sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,481,000 | 0,000,000 | 0,000,000 |
Scope 2 | 19,986,000 | 00,000,000 | 00,000,000 |
Scope 3 | 4,700,000,000 | 0,000,000,000 | 0,000,000,000 |
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 plc 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.