Prudential Financial Inc

Common Name
Prudential Financial
Country
United States
Sector
Financial Services
Industry
Insurance - Life
Employees
37,936
Ticker
PRU
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Prudential Financial, Inc. is a leading American financial services company primarily engaged in providing life insurance, annuities, retirement-related services, and investment management. Founded in...

Prudential Financial's Climate Target Data Preview

As of 2023, Prudential Financial has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Prudential Financial ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Prudential Financial's Greenhouse Gas Emissions Pathways

As of 2023, Prudential Financial has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Prudential Financial have a target to reduce the emissions from its operations?

As of 2023, Prudential Financial has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Prudential Financial's most ambitious operational target is to reduce these emissions by 97% by 2040, compared to a baseline of 94,385 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017.

As of 2023, Prudential Financial is ahead of schedule on its operational emissions reduction target, having achieved 70.7% of the planned reduction.

Prudential Financial's Operational (Scope 1+2) Emissions Pathway

2017202320302040025 k50 k75 k100 kBaselineCurrent (-69%)Target 2030 (-55%)Target 2040 (-97%)
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