Prudential Financial, Inc. (NYSE: PRU) today published its 13th consecutive annual Sustainability Report, providing a comprehensive overview of the company’s efforts to deliver on its purpose and create sustainable value for the customers, clients, shareholders, employees and communities it serves.
“A sustainable approach to doing business and serving our customers is a critical component of how Prudential is transforming into a higher growth, more capital efficient and more nimble company that provides long-term value to all our stakeholders,” said CEO Charles Lowrey.
The report is a key component of the company’s sustainability reporting and provides ongoing transparency and accountability on Prudential’s management of the sustainability issues relevant to its businesses.
Topics like product innovation, societal engagement, talent management, governance, cybersecurity, ethics, and environmental stewardship are detailed in the report, including:
Expanding access to financial security through the launch of Sona-Mira in Japan, a one-stop shop for life insurance, other financial products, and health wellness services that makes it easier for customers to access Prudential solutions, with an ecosystem of wellness and financial services provided by partner companies.
Disbursing $47.6 million to communities through grants by The Prudential Foundation, serving more than 354,000 individuals and 5,400 small businesses.
Enhancing the company’s artificial intelligence governance and controls framework to ensure it continues to do business the right way.
PRU shares dropped 11 cents to $117.42.
