In 2024, Prudential Financial completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Prudential Financial has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 13,609a | 12,776a | 13,347a | |
Total Scope 2 | ||||
Market-Based | 9,307a | 16,884a | 29,226a | |
Location-Based | 19,999a | 26,236a | 29,729a | |
Total Scope 3 | 255,541a | 410,100a | 353,692a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.1926a | 0.2354a | 0.2343a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.
In 2024, the total operational greenhouse gas (GHG) emissions of Prudential Financial amounted to 33,608 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Prudential Financial decreased by 13.85%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Prudential Financial were 13,609 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Prudential Financial's Scope 1 emissions have decreased by 10.42%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Prudential Financial's Scope 1 emissions increased by 6.52%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Prudential Financial reported Scope 2 greenhouse gas (GHG) emissions of 9,307 tCO₂e using the market-based method and 19,999 tCO₂e using the location-based method.a
Since 2019, Prudential Financial's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 57.41%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Prudential Financial's Scope 2 emissions (Location-Based) fell by 23.77% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Prudential Financial reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Prudential Financial reported 255,541 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Prudential Financial includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Prudential Financial reported total Scope 3 emissions of 255,541 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Prudential Financial's Scope 3 emissions have decreased by 22.31%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Prudential Financial's Scope 3 emissions decreased by 37.69%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Prudential Financial reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Prudential Financial's Scope 3 emissions were:a
In 2024, Prudential Financial reported Scope 1 greenhouse gas (GHG) emissions of 13,609 tCO₂e and total revenues of USD 70,659 millions. This translates into an emissions intensity of 0.19 tCO₂e per millions USD.a
In 2024, Prudential Financial reported a Scope 1 emissions intensity of 0.19 tCO₂e per millions USD. Compared to the peer group median of 0.27, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Prudential Financial ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Prudential Financial is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Prudential Financial reported a total carbon footprint of 289,149 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 35.62% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Prudential Financial's total carbon footprint was Scope 3 emissions, accounting for 88.38% of the company's total carbon footprint, followed by Scope 2 emissions at 6.92%.a