At Prudential, we believe that a solid foundation of good corporate governance and business ethics significantly contributes to our company's ability to compete effectively and realize our full value potential. For our Company, this means leadership by a management team of uncompromising integrity under disciplined oversight from our Board of Directors, a commitment to shareholder and stakeholder engagement, and creation of sustainable value through business fundamentals, corporate social responsibility and environmental stewardship. Prudential released its most recent sustainability report designed to communicate our commitments and activities in a clear, consolidated way."
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The Board has adopted Corporate Governance Principles and Committee Charters to guide its oversight and independent governance leadership. Appropriate risk management, dedication to talent management and succession planning, executive compensation tied to performance of the Company's core businesses and long-term shareholder interests, and a commitment to strong and sustainable governance practices are hallmarks of the Board's stewardship on behalf of shareholders and stakeholders.
We are committed to proactive interaction with investors as the most productive way to reach mutual understanding of the leadership of our Company, the decisions we make, and the values we maintain. Our approach to shareholder engagement is based on a foundation of transparency and collegiality.
How we conduct our business is just as important as what we do. We hold ourselves to a high standard of business ethics, and we believe that we have an obligation to contribute to the communities where we live and work. In keeping with our commitment to doing business the right way, Prudential Financial is also taking a number of steps to minimize the impact of its business activities on the environment.