Sustainability Report 2023

Company: PRU (2378)
Year: 2023
Published: 2024-04-22
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2021 2022 2023 Report Pages
Direct Scope 1 Emissions (kgCO2e/m²) kgCO2e/m² 4.02 4.78 6.33 82
Direct Scope 1 Emissions (tCO2e/FTE) tCO2e/FTE 0.10 0.11 0.14 82
Direct Scope 1 GHG emissions tCO2e 1645 2108 65
Direct Scope 1 emissions (tCO2e) tCO2e 1481 1645 2108 82
Direct Scope 2 (location based) GHG emissions tCO2e 19880 18334 65
Direct Scope 2 (market based) GHG emissions tCO2e 16938 12318 65
Direct Scope 2 (market-based) Emissions (kgCO2e/m²) kgCO2e/m² 54.21 49.23 36.97 82
Direct Scope 2 (market-based) Emissions (tCO2e) tCO2e 19986 16938 12318 82
Direct Scope 2 (market-based) Emissions (tCO2e/FTE) tCO2e/FTE 1.37 1.11 0.81 82
Electricity use in buildings as percentage of total Scope 1 and 2 emissions (market-based) % 95 64
Emissions from activities which the company owns and controls, including combustion of fuel and operation facilities (Scope 1) - Global (excluding UK and offshore) tCO2e 3954 1522 2027 98
Emissions from activities which the company owns and controls, including combustion of fuel and operation facilities (Scope 1) - UK and offshore tCO2e 122 123 80 98
Emissions from purchase of electricity, heat, steam and cooling purchased for own use (Scope 2, location-based) - Global (excluding UK and offshore) tCO2e 36516 19749 18215 98
Emissions from purchase of electricity, heat, steam and cooling purchased for own use (Scope 2, location-based) - UK and offshore tCO2e 122 131 119 98
Emissions from purchase of electricity, heat, steam and cooling purchased for own use (Scope 2, market-based) - Global (excluding UK and offshore) tCO2e 34900 16719 12292 98
Emissions from purchase of electricity, heat, steam and cooling purchased for own use (Scope 2, market-based) - UK and offshore tCO2e 177 219 26 98
Energy consumption used to calculate above emissions (Scope 1) - Global (excluding UK and offshore) kWh 19252400 7039834 9701578 98
Energy consumption used to calculate above emissions (Scope 1) - UK and offshore kWh 663621 671652 438640 98
Energy consumption used to calculate above emissions (Scope 2) - Global (excluding UK and offshore) kWh 69984995 32849795 31271772 98
Energy consumption used to calculate above emissions (Scope 2) - UK and offshore kWh 559790 638894 573330 98
Equivalent reduction in petrol passenger vehicle travel from recycling of office furniture in Hong Kong business unit km 288000 65
Estimated annual GHG emissions savings from energy audits and assessments in Asia Pacific portfolio tCO2e 3172 65
Intensity ratio Scope 1 and Scope 2 (location-based) - Global (excluding UK and offshore) tCO2e/fte, tCO2e/m² 0.0850 0.0640 0.0622 98
Intensity ratio Scope 1 and Scope 2 (location-based) - UK and offshore tCO2e/fte, tCO2e/m² 0.0119 0.0222 0.0263 98
Operational emissions intensity (Scope 1 and 2, market-based) of Prudential plc (tCO2e/FTE) tCO2e/FTE 0.95 12
Operational emissions intensity ratio tCO2e/FTE 0.95 79
Scope 1 and 2 (market-based) GHG emissions (global absolute) tCO2e 14426 64
Scope 1 and 2 (market-based) carbon emissions tCO2e 14426 79
Scope 3 (upstream activities) GHG emissions tCO2e 9487 14462 65
Scope 3 GHG emissions (business travel) tCO2e 12414 64
Scope 3 GHG emissions (business travel) percentage change compared to 2022 % 52 64
Scope 3 category 15 – including emissions associated with investments carbon emissions tCO2e 3600000 79
Scope 3 – including emissions associated with fuel- and energy-related activities, waste generated in operations and business travel, excluding category 15 carbon emissions tCO2e 14462 79
Tonnes per employee – Scope 1 and 2 1.21 0.95 65
Total Scope 1 and 2 using market based GHG emissions tCO2e 18583 14426 65
Total Scope 1, 2 and 3 (upstream) using market based GHG emissions tCO2e 28096 28888 65
Total gross Scope 1 and Scope 2 emissions (location-based) - Global (excluding UK and offshore) tCO2e 40470 21272 20242 98
Total gross Scope 1 and Scope 2 emissions (location-based) - UK and offshore tCO2e 244 254 199 98
kg per m² – Scope 1 and 2 kg/m² 54.01 43.30 65
kg per m² – Scope 1, 2 and 3 (upstream) kg/m² 81.59 86.70 65

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2021 2022 2023 Report Pages
Carbon savings from recycling of office furniture in Hong Kong business unit tCO2e 70 65
Total non-hazardous waste produced (tonnes) tonnes 222 357 379 82
Total non-hazardous waste produced (tonnes/FTE) tonnes/FTE 0.02 0.02 0.02 82

Description of emissions target(s) set and steps taken to achieve them.

Indicator Unit 2023 Report Pages
Scope 1 and 2 (market-based) GHG emissions (global absolute) percentage change compared to 2022 % -22 64
Weighted average carbon intensity (WACI) reduction of investment portfolio against 2019 baseline % 50 12

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2021 2022 2023 Report Pages
Total Consumption (kWh) kWh 42131700 41200175 41985325 82
kWh/FTE kWh/FTE 2891.48 2688.60 2750.73 82

Description of energy use efficiency target(s) set and steps taken to achieve them.

Indicator Unit 2023 Report Pages
Estimated annual cost savings from energy audits and assessments in Asia Pacific portfolio million USD 1 65
Estimated annual energy savings from energy audits and assessments in Asia Pacific portfolio MWh 5700 65

Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.

Indicator Unit 2023 Report Pages
Equivalent number of trees planted from recycling of office furniture in Hong Kong business unit trees 2660 65

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Indicator Unit 2021 2022 2023 Report Pages
Gender diversity – Chair & Independent Non-executive Directors – Female 4 5 55
Gender diversity – Chair & Independent Non-executive Directors – Male 7 5 55
Gender diversity – Executive Directors – Female 1 55
Gender diversity – Executive Directors – Male 2 1 55
Gender diversity – Group Executive Committee (GEC) – Female 2 2 55
Gender diversity – Group Executive Committee (GEC) – Male 6 6 55
Gender diversity – Group Leadership Team (GLT) – Female 39 65 55
Gender diversity – Group Leadership Team (GLT) – Male 71 121 55
Gender diversity – total workforce – Female FTE 8363.4 8713.1 55
Gender diversity – total workforce – Male FTE 6299.3 6543.1 55
Gender diversity – total workforce – Total FTE 14681.7 15257.4 55
Gender diversity – total workforce – Unspecified FTE 18 3 55
Representation of women in senior management % 35 12
Representation of women on the Board % 45 55
Total workforce by age group - 30–50 10030.2 10535.4 11428.8 84
Total workforce by age group - Above 50 1092.1 1230.4 1130.7 84
Total workforce by age group - Below 30 2715.4 2880.9 2698.0 84
Total workforce by age group - Unspecified 31.0 34.0 84
Total workforce by employment type - Full Time 13854.8 14671.6 15250.1 84
Total workforce by employment type - Part Time 13.9 9.1 7.4 84
Total workforce by gender - Female 7946.1 8363.4 8713.2 84
Total workforce by gender - Male 5911.6 6299.3 6541.3 84
Total workforce by gender - Unspecified 11.0 1.8 3.0 84
Total workforce by region - Africa 1075.0 1126.0 1020.2 84
Total workforce by region - Asia 12574.5 13399.7 13933.7 84
Total workforce by region - Europe & USA 219.2 155.0 121.8 84

Employee turnover rate by gender, age group and geographical region.

Indicator Unit 2021 2022 2023 Report Pages
Employee turnover rate - Overall % 24% 23% 17% 84
Employee turnover rate by age group - 30–50 % 19% 19% 14% 84
Employee turnover rate by age group - Above 50 % 16% 20% 20% 84
Employee turnover rate by age group - Below 30 % 38% 38% 27% 84
Employee turnover rate by gender - Female % 23% 21% 16% 84
Employee turnover rate by gender - Male % 26% 24% 18% 84
Employee turnover rate by region - Africa % N/A N/A 11% 84
Employee turnover rate by region - Asia % 24% 22% 17% 84
Employee turnover rate by region - Europe and USA % 22% 56% 18% 84

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Indicator Unit 2021 2022 2023 Report Pages
Percentage of employees trained by employee category - Middle level % 99 93 99 85
Percentage of employees trained by employee category - Rank and file % 96 96 98 85
Percentage of employees trained by employee category - Top level % 99 95 99 85
Percentage of employees trained by gender - Female % 97 96 99 85
Percentage of employees trained by gender - Male % 97 96 99 85
Percentage of employees trained by gender - Unspecified % 45 65 85

The average training hours completed per employee by gender and employee category.

Indicator Unit 2021 2022 2023 Report Pages
Average training hours completed per employee by employee category - Middle level hours 9.19 9.91 15.39 85
Average training hours completed per employee by employee category - Rank and file hours 12.63 16.06 14.09 85
Average training hours completed per employee by employee category - Top level hours 6.09 11.54 16.90 85
Average training hours completed per employee by gender - Female hours 12.44 15.58 14.23 85
Average training hours completed per employee by gender - Male hours 11.22 16.04 15.01 85
Average training hours completed per employee by gender - Unspecified hours 5.65 8.43 N/A 85

Number of suppliers by geographical region.

Indicator Unit 2022 2023 Report Pages
Number of suppliers by geographical region - Africa 2103 1844 85
Number of suppliers by geographical region - Asia 7362 10712 85
Number of suppliers by geographical region - Europe & US 485 451 85
Number of suppliers by geographical region - Total 9950 13007 85

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2021 2022 2023
Direct GHG Emissions (Scope 1) tCO2e 1481 1645 2108
Indirect Energy Emissions (Scope 2) tCO2e 19986 19880 18334
Scope 1 GHG Emissions Intensity (By Area) kgCO2e/m² 4.02 4.78 6.33
Scope 1 GHG Emissions Intensity (By FTE) tCO2e/FTE 0.1 0.11 0.14
Scope 2 GHG Emissions Intensity (By Area) kgCO2e/m² 54.21 49.23 36.97
Scope 2 GHG Emissions Intensity (By FTE) tCO2e/FTE 1.37 1.11 0.81
Scope 3 GHG Emissions (Business Travel) tCO2e None 12414
Scope 3 GHG Emissions (Capital Goods) None None
Scope 3 GHG Emissions (Downstream Leased Assets) None None
Scope 3 GHG Emissions (Downstream Transportation and Distribution) None None
Scope 3 GHG Emissions (Employee Commuting) None None
Scope 3 GHG Emissions (End-of-life Treatment of Sold Products) None None
Scope 3 GHG Emissions (Fuel and Energy-related Activities (Not Included in Scope 1 or Scope 2)) None None
Scope 3 GHG Emissions (Investments) tCO2e None 3600000
Scope 3 GHG Emissions (Purchased Goods/Services) None None
Scope 3 GHG Emissions (Upstream Activities) tCO2e 9487 14462
Scope 3 GHG Emissions (Upstream Leased Assets) None None
Scope 3 GHG Emissions (Upstream Transportation and Distribution) None None
Scope 3 GHG Emissions (Use of Sold Products) None None
Scope 3 GHG Emissions (Waste Generated in Operations) None None
Total GHG Emissions tCO2e 21467 21525 20442
Total GHG Emissions Intensity (By Area) kg/m² 54.01 43.3
Total GHG Emissions Intensity (By Employee) tCO2e/employee 1.21 0.95
Total Other Indirect Energy Emissions (Scope 3) None None None

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2021 2022 2023
Non-Hazardous Waste Disposed tonnes 222 357 379
Total Non-Hazardous Waste Intensity (By FTE) tonnes/FTE 0.02 0.02 0.02

Description of emissions target(s) set and steps taken to achieve them.

Standard Indicator Unit 2023
Scope 1 and 2 Emissions Reduction Percentage Compared to Last Year % -22

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2021 2022 2023
Energy Consumption Intensity (By FTE) kWh/FTE 2891.48 2688.6 2750.73
Total Energy Consumption kWh 42131700 41200175 41985325

Description of energy use efficiency target(s) set and steps taken to achieve them.

Standard Indicator Unit 2023
Energy Consumption Reduction Compared to Last Year MWh 5700

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Standard Indicator Unit 2021 2022 2023
Number of Employees Aged 30-50 10030.2 10535.4 11428.8
Number of Employees Aged Above 50 1092.1 1230.4 1130.7
Number of Employees Aged Below 30 2715.4 2880.9 2698
Number of Employees in Asia 12574.5 13399.7 13933.7
Number of Employees in Europe 219.2 155 121.8
Number of Female Employees FTE 7946.1 8363.4 8713.1
Number of Full-time Employees 13854.8 14671.6 15250.1
Number of Male Employees FTE 5911.6 6299.3 6543.1
Number of Part-time Employees 13.9 9.1 7.4
Number of Total Employees FTE 13868.7 14681.7 15257.4
Percentage of Employees Aged 30-50 % 72.38 71.8 74.93
Percentage of Employees Aged Above 50 % 7.88 8.38 7.42
Percentage of Employees Aged Below 30 % 19.59 19.63 17.69
Percentage of Employees in Asia % 90.72 91.27 91.36
Percentage of Employees in Europe % 1.58 1.06 0.8
Percentage of Female Employees % 57.33 57 57.14
Percentage of Full-time Employees % 99.9 99.93 99.95
Percentage of Male Employees % 42.67 42.91 42.91
Percentage of Part-time Employees % 0.1 0.06 0.05

Employee turnover rate by gender, age group and geographical region.

Standard Indicator Unit 2021 2022 2023
Turnover Rate of Employees Aged 30-50 % 19 19 14
Turnover Rate of Employees Aged Above 50 % 16 20 20
Turnover Rate of Employees Aged Below 30 % 38 38 27
Turnover Rate of Employees in Africa % 11
Turnover Rate of Employees in Asia % 24 22 17
Turnover Rate of Employees in Europe % 22 56 18
Turnover Rate of Female Employees % 23 21 16
Turnover Rate of Male Employees % 26 24 18
Turnover Rate of Total Employees % 24 23 17

Lost days due to work injury.

Standard Indicator Unit
Lost Days Due to Work-related Injuries days
Number of Work-related Injuries incidents

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Standard Indicator Unit 2021 2022 2023
Percentage of Employees Trained % 97 96 99
Percentage of Trained Female Employees % 97 96 99
Percentage of Trained General Employees % 96 96 98
Percentage of Trained Male Employees % 97 96 99
Percentage of Trained Middle Management % 99 93 99
Percentage of Trained Senior Management % 99 95 99

The average training hours completed per employee by gender and employee category.

Standard Indicator Unit 2021 2022 2023
Average Training Hours (Female) hours 12.44 15.58 14.23
Average Training Hours (General Staff) hours 12.63 16.06 14.09
Average Training Hours (Male) hours 11.22 16.04 15.01
Average Training Hours (Middle Management) hours 9.19 9.91 15.39
Average Training Hours (Senior Management) hours 6.09 11.54 16.9
Average Training Hours per Employee hours 11.22 16.04 15.01

Number of suppliers by geographical region.

Standard Indicator Unit 2022 2023
Number of Suppliers in Africa 2103 1844
Number of Total Suppliers 9950 13007