PRU Prudential Plc

756.20

27.60 (3.79%)

03 May 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Prudential Plc	LSE:PRU	London	Ordinary Share	GB0007099541	ORD 5P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	27.60	3.79%	756.20	754.80	755.20	756.40	732.80	736.00	8,918,867	16:35:21

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Life Insurance	12.19B	1.7B	0.6178	12.22	20.79B

Prudential Plans to Decarbonize Assets Portfolio

07/05/2021 10:26am

Dow Jones News

Prudential (LSE:PRU)
Historical Stock Chart

From May 2021 to May 2024

By Sabela Ojea

Prudential PLC said Friday that it plans to decarbonize its portfolio of assets held on behalf of its insurance companies, aiming for net-zero emissions by 2050.

The U.K. insurer said the actions to achieve its long-term target include a 25% reduction in carbon emissions of all shareholder and policyholder assets by 2025 and a divestment from all direct investments in companies which derive more than 30% of their income from coal.

Equities should be fully divested by the end of 2021 and fixed-income assets by the end of 2022, it said.

Jackson Financial Inc. and all of the assets it holds are excluded from this commitment, as well as unit-linked funds and assets held by joint-venture businesses, it added.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

May 07, 2021 05:11 ET (09:11 GMT)