In the U.S. and abroad, Prudential focuses on a broad range of activities that contribute to strengthening the environment.
Reducing Greenhouse Gas Emissions
In 1998, Prudential committed to reducing its environmental footprint across its domestic operationally controlled, owned and leased corporate home office portfolio. Since then, Prudential’s efforts in this area have grown from being a function driven by local facility managers to a broad range of company-wide initiatives that involve professionals, operations, printing, procurement, and technology teams and employees.
The company reports its environmental performance through a variety of public documents, including the Carbon Disclosure Project.
Prudential began tracking the reduction of its carbon footprint for its domestic home office properties in 2007. From that time through December 31, 2015, Prudential has reduced its carbon footprint by 21.5 percent, which directly correlates with energy reduction. In addition in 2015, 5 percent* of Prudential’s annual energy consumption originated from renewable sources.
Prudential began tracking the reduction of its carbon footprint for its domestic home office properties in 2007. Since that time, Prudential reduced its carbon footprint by approximately 21.5 percent. In addition in 2015, 5 percent of Prudential’s annual energy consumption originated from renewable sources. We are continuing these efforts through:
- Installing energy-efficient lighting, heating, and cooling systems
- Replacing our auto fleet with hybrid vehicles and clean diesel vans
- Implementing telecommuting program for employees
- Installing solar arrays at our Roseland, N.J., and Dresher, PA. facilities
- Technology Initiatives that reduce energy use
- Sustainable design, print and distribution that balances the environmental impact of Prudential’s internal and external communications
- Encouraging employees to use mass transit or telecommute, as appropriate
- Constructed a LEED-certified building in our headquarters city of Newark to provide office space for company employees.
- Installation of electric vehicle car chargers in of our facilities for employee use.
Annual Performance Update U.S. – Environmental Stewardship: Operationally controlled, owned and leased corporate home office domestic portfolio
|Portfolio Square Footage||6,312,974||6,380,424||6,467,542|
|GHG Emissions (MTCO2-e)1||Scope-1:2
1.34 x 10 14 Joules
4.38 x 10 14 Joules
Totals: 83,499 MCTO2-e
1.62 x 10 14 Joules
4.70 x 10 14 Joules
Totals: 86,851 MCTO2-e
1.27 x 10 14 Joules
4.73 x 10 14 Joules
Totals: 85,580 MCTO2-e
|GHG emission progress towards 2012 goal of 10% reduction over 2007 levels||Reduced GHG emissions by 19% from the 2007 levels.||Reduced GHG emissions by 10% from the 2007 levels.||Prudential has exceeded its goal of reducing GHG emission by 21.5% from the 2007 levels.|
|Water Usage (Gallons)||74,128,864*||80,139,690||77,120,960||Reflects both potable and non-potable water consumption.|
* Significant changes in square footage and building occupancy took place in 2015, including the sale of one solar-equipped building in early 2015 and adding staff to the new tower in July 2015.
1. MTCO2-e denotes the unit of measurement for CO2 emissions as Metric Tons of Cabon Dioxide Equivalency. This is the stanard measurement of the amount of CO2 emissions that are reduces from the environment.
2. Scope-1 Emissions are from direct emissions sources such as oil and natural gas consumption utilized by Prudential.
3. Scope-2 Emissions are from indirect emission sources such as emissions from power generation plants that supply electricity purchased by Prudential.
4. Scope-3 Emissions are optional emission sources from our employee business air travel. (Short- and Long-Haul miles.)