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The group We provide long-term savings and protection products to our customers About the group

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ESG Creating a better future, together with you About ESG

PRUDENCE FOUNDATION The community investment arm of Prudential plc in Asia and Africa Explore

CAREERS Our pledge to you Prudential’s purpose is to help people get the most out of life. We do that for customers and employees alike. FIND OUT MORE

Eastspring Investments A global asset manager with Asia at its core, offering innovative investment solutions to meet the financial needs of clients Learn more

The group We provide long-term savings and protection products to our customers About the group

News releases

Investors View Report

ESG Creating a better future, together with you About ESG

PRUDENCE FOUNDATION The community investment arm of Prudential plc in Asia and Africa Explore

CAREERS Our pledge to you Prudential’s purpose is to help people get the most out of life. We do that for customers and employees alike. FIND OUT MORE

Eastspring Investments A global asset manager with Asia at its core, offering innovative investment solutions to meet the financial needs of clients Learn more

Responsible Investment

We want to use our scale and position to drive positive change by ensuring that the needs of emerging markets are considered in our investment decisions. Our approach to responsible investment is built around three key themes:

Financing a just and inclusive transition
Decarbonising our portfolio
Mainstreaming responsible investments in emerging markets

Responsible Investment targets:

Deliver a 55% reduction in the carbon emissions intensity of our investment portfolio by 2030 against our 2019 baseline
Internal investment target on financing the transition to a lower carbon future
Engage with the companies responsible for 65% of absolute emissions in our investment portfolio

At the centre of our responsible investment approach is our view that the transition to a lower carbon economy should be a just and inclusive one.

As a large asset owner and manager focused on Africa and Asia, we are keenly aware that emerging markets face unique challenges as they seek to decarbonise.

Our efforts are informed by our Climate Transition Plan, which sets out our long-term net zero pledge and interim targets. We have made good progress towards our own decarbonisation but recognise the opportunities to be proactive in enabling the transition to a lower-carbon economy for emerging markets in the coming years.

As we support the move to low-carbon economies in these emerging markets, we strive to ensure that the transition is a just and inclusive one for all of society: a transition that supports sustainable growth and economic health within our local markets and communities.

Decarbonising our investment portfolio

We have made good progress towards our decarbonisation goals. In May 2021, we committed to achieving net zero emissions by 2050 for our investment portfolio. We also resolved to reduce emissions intensity within our investment portfolio by 25 per cent by 2025. By the end of 2023, we had successfully reduced the weighted average carbon intensity (WACI) of our investment portfolio by 50 per cent from our 2019 baseline.

Supporting a just and inclusive transition

We aim to be a leading investor in climate transition in emerging and developing economies, particularly in Asia. With this in mind, we have developed a strategy to guide how we will finance the transition towards a low-carbon future across our markets to address the challenges outlined in our Just and Inclusive Transition paper.

Mainstreaming responsible investments in emerging markets

Our long heritage of owning and managing assets across Asia and Africa gives us a unique perspective on investing in both developed and emerging markets. It also gives us the opportunity to understand the range of issues and structural challenges these economies face in transitioning to a low-carbon economy. As an active member of global initiatives such as the UN-sponsored NZAOA and the Just Energy Transition Partnership (JETP), we contribute by providing a voice on behalf of these markets.