Prudential Financial releases first Environmental, Social and Governance (ESG) Summary Report
Report details newly disclosed EEO-1 and pay equity data
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Our Commitment to Transparency: Representation Data (Graphic: Business Wire)
The report, published alongside Prudential’s 2020 Annual Report and Proxy Statement, includes newly released representation and pay equity data, which detail the composition of the company’s
“This ESG Summary Report underscores the importance of a robust reporting framework to fulfill our company’s purpose of solving the financial challenges of our changing world,” said Margaret “Peggy” Foran, chief governance officer and corporate secretary for
The ESG Summary Report includes enhanced disclosures around:
- The status of the operational and investment targets set by Prudential’s Global Environmental Commitment.
The makeup of Prudential’s
U.S.workforce by race, ethnicity and gender by job category, including both representation and pay equity data.
- Actions associated with the company’s nine commitments to racial equity, which will serve as a baseline against which to measure the company’s progress going forward.
- How the company is tying executive compensation to the achievement of inclusion and diversity performance targets.
Prudential’s ESG Summary Report was created as a supplement to other disclosures available on Prudential’s website, including the company’s annual Sustainability Report, published each June, which provides details about Prudential’s ESG strategy, framework and performance.