Corporate Environmental Performance

The impact of climate change is already apparent, through climate and weather extremes and environmental events that are increasing in frequency and intensity.

As a corporate entity, our Group Governance Framework underpins our activities, including minimising the direct impacts of our operations on the environment.

2022/2023 Sustainability Report

Discover our full sustainability report here, including our approach to climate change, coal and natural capital.

Download Sustainability Report

Greenhouse gas emissions statement

Greenhouse Gas Emissions Statement We have compiled our global greenhouse gas (GHG) emissions in accordance with the Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018. GHG emissions are broken down into three scopes; we have included full reporting for Scope 1 & 2, and selected Scope 3 reporting as best practice. Scope 1 emissions are our direct emissions from the combustion of fuel, fugitive emissions and company-owned vehicles. Scope 2 emissions cover our indirect emissions from the purchase of electricity (including use of company electrical vehicles), heating and cooling.

We have reported our Scope 2 emissions using both the location and market-based methods in line with the GHG Protocol Scope 2 Guidance. Our Scope 3 footprint currently includes business travel (category 6) booked through our travel providers, car travel in colleague-owned cars (category 6), water consumption (category 1) and waste generation (category 5) from occupied properties (where data is available). Due to an increase in floorspace sub-let in our London office, for the first time this year we have also included emissions from leased property (category 13), where data is available. The financed emissions (category 15) from our investment portfolios are reported separately on pages 82-84.

Please refer to our Environmental Metrics Basis of Reporting 2023 (Basis of Reporting) for further detail on our methodology. Data is presented gross of any carbon credits. Selected metrics reported for 2023 (as indicated by A) have been subject to external independent limited assurance by PricewaterhouseCoopers LLP (PwC). For the results of that limited assurance, see PwC's independent limited assurance report and our Basis of Reporting available on our website.

		2023		2022 (restated)		2021 (restated)		2019 baseline (restated)
Emissions Source (tCO₂e)		UK	Total	UK	Total	UK	Total	UK	Total
Scope 1	Natural gas, oil (generators), vehicle fleet, refrigerants	446	595	1,309	1,472	1,629	1,703	1,936	2,187
Scope 2 - location based	Electricity, purchased heat and steam	1,592	3,023	2,075	4,087	2,253	4,228	4,213	5,948
Scope 2 - Market-based	Electricity, purchased heat and steam	25	108	11	93	3	184	105	1,976
Scope 1 and 2 (tCO₂e)	When reporting totals market-based emission are used	471	703	1,320	1,565	1,632	1,887	2,041	4,163
Energy	EAC volumes (MWh)	0	1,073	204	3,677	42	3,555	0	0
	Energy use (MWh)	9,850	13,017	16,792	21,428	18,130	22,313	25,745	29,490
	tCO₂e per FTE (Scope 1 and 2)	0.10		0.25		0.33		0.74

Scope 3 (tonnes CO₂e )	Air travel (booked through central travel booker)	7,018		2,840		252		9,764
	Land travel	121		76		21		128
	Water (global where available data)	7		4		3		11
	Waste (global where available data)	53		20		92		19
	Emissions from leased property	96		0				0
	Total	7,293		2,940		368		9,922
Global Scope 1,2 and 3 (tCO₂e)		7,996		4,505		2,255		14,085

Data notes:

Reporting period: 1 January 2023 to 31 December 2023
Baseline year: 2019 (restated to include responsAbility)
Consolidation boundary: Operational control as defined by the Greenhouse Gas Protocol is where the Group has authority to introduce and implement its operating policies at the operations.
Accounting methodology: Our GHG emissions are prepared in line with The Greenhouse Gas Protocol Corporate Accounting and Reporting Standard. Further details on our calculation methodology, including emission factors used can be found in our Basis of Reporting which is available on our website.
Data restatements: Waste: Our 2022 reported Scope 1 & 2, and selected Scope 3 emissions have reduced by 8% to 4,505 tCO2e (previously 4,880 tCO2e) attributed to the removal of the materials use emissions factor originally applied to our Scope 3 waste emissions. The removal of the materials use emissions factor has also reduced our 2019 baseline emissions for waste from 370 tCO2e to 19 tCO2e. responsAbility: The 2019 baseline has been updated to include responsAbility (rA) – further details on rA can be found on page 76. Total Scope 1 & 2, and selected Scope 3 baseline emissions increased by 980 tCO2e from the addition, largely reflecting business travel emissions. Company car energy data: We have also restated our 2019 baseline figure for total energy consumption to 29,490 MWh (previously 26,205 MWh) to reflect the inclusion of data for company cars which was previously unavailable. No update to emissions was required.

2020 and beyond

We are building on our emerging operational business sustainability strategy that sets out our ambitions to embed sustainable activities across our corporate estate. We will be focusing on three key areas:

(Change region)

Reduction

Reducing our greenhouse gas emissions associated with our occupied estate (scope 1 and 2) and business travel (scope 1 and 3)

1 /

Collaboration

Collaboration with the wider business, our supply chain and our peers to further embed and integrate sustainability best practice into all areas of the business.

2 /

Engagement

Engaging with colleagues and customers to share our sustainable vision, and supporting our local communities to become more sustainable.

3 /

Basis of reporting for environment metrics

The Basis of Reporting document outlines the scope of KPIs reported covering GHG emissions data and other environmental metrics by M&G plc.

You are about to enter the website of M&G Investments, a direct subsidiary of M&G plc.
Click here to proceed.

M&G plcの直接子会社であるM&G Investments（M&Gインベストメント）のウェブサイトにアクセスするには、
こちらをクリックしてください。

If you are looking for the affiliates of Prudential Financial, Inc., whose principal place of business is in the United States of America, click here to proceed.

アメリカ合衆国を主たる事業領域とするPrudential Financial, Inc.（プルデンシャル・ファイナンシャルInc.）の関連会社をお探しの場合は、こちらをクリックしてください。

If you are looking for the affiliates of Prudential plc, an international group incorporated in England and Wales, click here to proceed.

イングランド及びウェールズで設立された国際グループ企業であるPrudential plc（プルデンシャル・ピーエルシー）の関連会社をお探しの場合は、こちらをクリックしてください。

M&G plc, incorporated and registered in England and Wales. Registered office: 10 Fenchurch Avenue, London EC3M 5AG. Registered number 11444019. M&G plc is a holding company, some of whose subsidiaries are authorised and regulated, as applicable, by the Prudential Regulation Authority and the Financial Conduct Authority.

M&G plc is a company incorporated and with its principal place of business in England, and its affiliated companies constitute a leading savings and investments business. M&G plc is the direct parent company of The Prudential Assurance Company Limited. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in England and Wales.

M&G plc は、イングランド及びウェールズで設立・登録。本社登録地は10 Fenchurch Avenue, London EC3M 5AG。登録番号11444019。M&G plcは持ち株会社で、その子会社の一部はPRA（健全性監督機構）及びFCA（金融行為規制機構）に認可され、それらの規制対象となっています。

M&G plc は、イングランドを登録地、及び主たる事業領域とする会社で、その関連会社は有数の貯蓄・投資機関として基盤を確立しています。M&G plcは、Prudential Assurance Company Limited（プルデンシャル・アシュアランス・カンパニー・リミテッド）の直接親会社です。なお、Prudential Assurance Company Limitedは、アメリカ合衆国を主たる事業領域とするPrudential Financial, Inc.（プルデンシャル・ファイナンシャルInc.）またはイングランド及びウェールズで設立された国際グループ企業であるPrudential plc（プルデンシャル・ピーエルシー）とは一切関係がありません。

Environmental performance

2022/2023 Sustainability Report

Greenhouse gas emissions statement

Data notes:

2020 and beyond

Basis of reporting for environment metrics