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Environmental Stewardship Initiatives

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, 2016, Prudential has reduced its carbon footprint by 16.5 percent, which directly correlates with energy reduction.

We are continuing these efforts through:

  • A data center in Minnesota that received “LEED Gold certification” from the U.S. Green Building Council (USGBC). The data center provides business continuation capabilities and systems resilience.
  • Publishing a Vendor Code of Conduct and Terms of Engagement that stipulates expectations for businesses and individuals wishing to do business with Prudential.
  • Opportunities to help mitigate climate change in a variety of asset classes. Most prominently, the company has invested in renewable energy, green bonds and green real estate.
  • Installing energy-efficient lighting, heating, and cooling systems
  • Replacing our auto fleet with hybrid vehicles and clean diesel vans
  • Implementing telecommuting program for employees
  • 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
  • Recycling
  • Installation of electric vehicle car chargers in of our facilities for employee use.

At Prudential’s offices, while work is continuing on the company’s global environmental commitment, the following chart documents progress made at the company’s operationally controlled, owned, and leased corporate home office domestic portfolio:

Description 2016 2015 2014 Performance
Portfolio Square Footage 6,030,370 6,380,424 6,380,424  
GHG Emissions (MTCO2-e)1 Scope-1:2
6,7331 MTCO2-e
133,213 MBTU
1.4054 x 10 14 Joules
Scope-2:3
64,170 MTCO2-e
124,785,844 Kwh
4.49 x 10 14 Joules
Scope-3:3
13,288 MCTO2-e

Totals: 84,191 MCTO2-e
Scope-1:2
7,836 MTCO2-e
153,655 MBTU
1.62 x 10 14 Joules
Scope-2:3
67,070 MTCO2-e
130,660,732 Kwh
4.70 x 10 14 Joules
Scope-3:3
11,945 MCTO2-e

Totals: 86,851 MCTO2-e
Scope-1:2
7,836 MTCO2-e
153,655 MBTU
1.62 x 10 14 Joules
Scope-2:3
67,070 MTCO2-e
130,660,732 Kwh
4.70 x 10 14 Joules
Scope-3:3
11,945 MCTO2-e

Totals: 86,851 MCTO2-e
2016 performance reflects a 0.8 percent increase in greenhouse gasses.
GHG emission progress towards 2012 goal of 10% reduction over 2007 levels   Reduced GHG emissions by 21.5% from the 2007 levels. Reduced GHG emissions by 19% from the 2007 levels. 2016 reduced GHG emissions by 16.5% from the 2007 levels.
Recycling (Tons) 1,666 1,808 1,578  
Waste (Tons) 1,295 1,203 1,328  
Water Usage (Gallons) 67,447,558 74,128,864* 80,139,690 Reflects both potable and non-potable water consumption.

Notes

* Significant changes in square footage and building occupancy took place in 2016, due to the sale of one solar-equipped building and movement between leased and owned properties in Newark, NJ.

  1. MTCO2-e denotes the unit of measure for CO2 emissions as Metric Tons of Carbon Dioxide Equivalency. This is the standard measurement of the amount of CO2 emissions that are reduced from the environment.
  2. Scope-1 Emissions are from direct emission 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.)