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 86% 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 3,623,000,000 kg CO2e, with emissions distributed across various scopes: 2,108,000 kg CO2e (Scope 1), 12,318,000 kg CO2e (Scope 2), and a significant 3,600,000,000 kg CO2e (Scope 3), primarily from investments. This represents a notable increase in Scope 3 emissions compared to 2022, where total emissions were about 3,100,000,000 kg CO2e, with Scope 1 and Scope 2 emissions at 1,645,000 kg CO2e and 16,938,000 kg CO2e, respectively. Prudential has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to monitor and report its emissions across all scopes, demonstrating a commitment to transparency in its climate impact. The emissions intensity metrics, such as the weighted average carbon intensity (WACI) of their portfolio, are also tracked, indicating ongoing efforts to assess and manage their carbon footprint. Overall, Prudential plc's emissions data highlights the significant challenge of managing Scope 3 emissions, particularly in the context of their investment activities, while the company remains focused on its climate commitments from its headquarters in Hong Kong.
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.