Prudential plc

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021, 2019, 2018, 2017, 2016, 2010

In its 2023 reporting, Prudential plc disclosed greenhouse gas emissions of 14.4K tCO2e (Scope 1 & 2 market-based 2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
14.4K tCO2e (Scope 1 & 2 market-based 2023)
2023

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202314.4K tCO2e (Scope 1 & 2 market-based 2023)
201956.4K tCO2e/year (Scope 1 & 2)
201861.3K tCO2e (Scope 1 & 2)
201770.7K tCO2e/year (Scope 1 & 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Develop a social sustainability strategy.
  • Develop initial position on biodiversity and nature.
  • Implement new sustainability operating model.
  • Improve data governance processes.

📅 Medium-term

  • 55% weighted average carbon intensity (WACI) reduction by 2030
  • 40% female representation in Group Leadership Team by the end of 2026
  • All people managers to have sustainability-linked KPIs by the end of 2026

🔭 Long-term

  • Net zero asset owner by 2050

🌱 ESG Focus Areas

Climate ChangeResponsible InvestmentSustainable BusinessDiversity, Equity, Inclusion, and BelongingSocial SustainabilityBiodiversityHealth and Financial Protection Access

⚠️ Challenges & Risks +

  • Quality and availability of carbon-intensity data, limited coverage of WACI and financed emissions.
  • Need to broaden and refine products and services aimed at underserved segments.
  • Insufficient research and data on how climate change will impact individual health.
  • Inability of emerging markets to meet global decarbonisation thresholds.
  • Lack of industry standards on climate change.
  • Varying degrees of sustainability processes, systems, and governance across 24 local market operations.
  • Many major markets remain highly reliant on fossil fuels.

📋 Report Information

Reporting Period: 2023
Frameworks: SASB Insurance Standard, TCFD
Assurance: EY LLP (limited assurance on select indicators)