Prudential Financial releases 2023 Sustainability Report
July 02 2024 - 8:00AM
Business Wire
The report provides the latest information on the company’s
sustainability efforts and represents a key component in its robust
sustainability disclosures.
Prudential Financial, Inc. (NYSE: PRU) today published its 13th
consecutive annual Sustainability Report, providing a comprehensive
overview of the company’s efforts to deliver on its purpose and
create sustainable value for the customers, clients, shareholders,
employees and communities it serves.
“A sustainable approach to doing business and serving our
customers is a critical component of how Prudential is transforming
into a higher growth, more capital efficient and more nimble
company that provides long-term value to all our stakeholders,”
said Charles Lowrey, chairman and CEO of Prudential.
The report is a key component of the company’s sustainability
reporting and provides ongoing transparency and accountability on
Prudential’s management of the sustainability issues relevant to
its businesses.
Topics like product innovation, societal engagement, talent
management, governance, cybersecurity, ethics, and environmental
stewardship are detailed in the report, including:
- Expanding access to financial security through the launch of
Sona-Mira in Japan, a one-stop shop for life insurance, other
financial products, and health wellness services that makes it
easier for customers to access Prudential solutions, with an
ecosystem of wellness and financial services provided by partner
companies.
- Empowering world-class talent through the self-directed
learning platform Workday Learning, with 91% of U.S.-based
employees accessing the platform to nurture their skills and expand
their business acumen.
- Disbursing $47.6 million to communities through grants by The
Prudential Foundation, serving more than 354,000 individuals and
5,400 small businesses.
- Enhancing the company’s artificial intelligence governance and
controls framework to ensure it continues to do business the right
way.
- Focusing on long-term performance with $39.1 billion of
sustainable investments held by the company’s General Account that
promote sustainability and achieve market returns to support
policyholder obligations.
- Reducing the company’s emissions by 69% since our 2017 baseline
year for the facilities in its emissions reduction targets.
Find more information on these and other sustainability
initiatives and disclosures, including the sustainability reports
of other Prudential businesses, on prudentialesg.com.
ABOUT PRUDENTIAL
Prudential Financial, Inc. (NYSE: PRU), a global financial
services leader and premier active global investment manager with
approximately $1.5 trillion in assets under management as of March
31, 2024, has operations in the United States, Asia, Europe, and
Latin America. Prudential’s diverse and talented employees help
make lives better and create financial opportunity for more people
by expanding access to investing, insurance, and retirement
security. Prudential’s iconic Rock symbol has stood for strength,
stability, expertise and innovation for nearly 150 years. For more
information, please visit news.prudential.com.
1081185-00001-00
CONNECT WITH US: Visit prudential.com Follow on
LinkedIn
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240702048129/en/
MEDIA Allison Ducote
allison.ducote@prudential.com
Prudential Financial (NYSE:PRU)
Historical Stock Chart
From Jun 2024 to Jul 2024
Prudential Financial (NYSE:PRU)
Historical Stock Chart
From Jul 2023 to Jul 2024