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Sustainable business
We seek to be a sustainable business. That means incorporating sustainable practices across our business operations and value chain to maximise our positive impact. We do this by:
We strengthen and empower our talent pool by upgrading their sustainability capabilities and equipping them with skills for the future.
Our people and culture strategy aims to create an environment where our talent can grow and perform at the highest level, creating long-term resilience. All our people managers are asked to set sustainability-linked KPIs and our leaders strive to build a culture that supports the company we intend to be.
We cannot achieve our ambitious sustainability goals without the support of our colleagues. The empowerment, health, safety and wellbeing of our team is integral to how we run our operations.
We embed sustainability in our day-to-day operations, including our work with suppliers and partners, and ask all people managers to set sustainability-linked KPls by 2026.
To understand our impact, we measure our environmental performance and take action to make improvements. We aim to deliver a 25% reduction per full time employee (FTE) in our operational emissions from a 2016 baseline, balancing remaining emissions with carbon offsetting initiatives.
Our Group Sustainability Policy covers environmental laws and regulations with respect to emissions, energy consumption, water use, waste disposal, environmental supply chain management and the application of risk management principles for all property-related matters.
Our Group Code of Conduct outlines the values and standards each of our suppliers must meet. Our Group Third Party Supply and Outsourcing Policy reinforces our principles for onboarding suppliers responsibly, as well as ongoing risk assessment and service monitoring. We strive to ensure that slavery, human trafficking, child labour or any other abuse of human rights has no place in our organisation or supply chain. Sustainable business also means we need to approach the use of new technologies, including Al, in a responsible way.
We actively advocate for emerging market sustainability and climate-related concerns on a global level. Our advocacy efforts explore the role that investors can play in a just and inclusive energy transition in Asia and Africa.
We also engage with policy and regulatory stakeholders to promote awareness of sustainability issues and to understand government and regulatory priorities and the role we can play. Our outreach has focused on regulatory development, blended finance, alignment of standards and taxonomies, and nature preservation.
Contact details for M&G and Prudential UK customers and policyholders
