Potential offtaker

Prudential Financial Inc

www.prudentialplc.com

Estimated electricity consumption

N/A

Countries of production presence

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Prudential Financial Inc is a leading global financial services company headquartered in the United Kingdom. The company operates in the Investment Income - Life Insurance sector and is committed to providing its customers with financial solutions that help them achieve their financial goals.

The company has a strong focus on sustainability and decarbonisation, and has made significant investments in renewable energy and corporate energy initiatives. Prudential Financial Inc recognises the importance of reducing its carbon footprint and has set ambitious targets to achieve this.

One of the key ways in which the company is working towards decarbonisation is through the implementation of corporate energy initiatives. Prudential Financial Inc has invested in a range of energy efficiency measures, such as LED lighting and building automation systems, to reduce its energy consumption and carbon emissions.

In addition, the company has implemented a corporate power purchase agreement (PPA) to source renewable energy for its operations. This PPA ensures that Prudential Financial Inc is able to purchase renewable energy at a fixed price, providing greater certainty and stability in its energy costs. The company has also invested in renewable energy projects, such as wind and solar farms, to increase its use of renewable energy.

Prudential Financial Inc is committed to reducing its carbon footprint and has set ambitious targets to achieve this. The company aims to reduce its carbon emissions by 50% by 2030 and to achieve net-zero emissions by 2050. To achieve these targets, Prudential Financial Inc is investing in a range of decarbonisation initiatives, including renewable energy, energy efficiency, and sustainable transport.

The company is also committed to engaging with its stakeholders on sustainability issues. Prudential Financial Inc regularly engages with its customers, employees, and investors on sustainability issues, and has established a range of sustainability reporting and disclosure mechanisms to ensure that its stakeholders are informed about its sustainability performance.

In addition to its sustainability initiatives, Prudential Financial Inc is also committed to providing its customers with innovative financial solutions. The company offers a range of life insurance and investment products, including annuities, retirement plans, and mutual funds. These products are designed to help customers achieve their financial goals and secure their financial future.

Prudential Financial Inc has a strong track record of financial performance and is well-positioned to continue to deliver value to its shareholders. The company has a diversified business model, with operations in the United Kingdom, United States, and Asia. This diversification provides Prudential Financial Inc with a degree of resilience and stability, even in challenging economic conditions.

In conclusion, Prudential Financial Inc is a leading global financial services company that is committed to sustainability and decarbonisation. The company has made significant investments in renewable energy and energy efficiency, and has set ambitious targets to reduce its carbon footprint. Prudential Financial Inc is also committed to providing its customers with innovative financial solutions that help them achieve their financial goals. With a diversified business model and a strong track record of financial performance, Prudential Financial Inc is well-positioned to continue to deliver value to its shareholders.

✓ Current offtaker under Corporate PPA's
✓ Declared Net Zero commitment