SOCIAL RESPONSIBILITY

At PGIM we take a long-term view to ensure the sustainability of our clients’ investments, our employees and the communities where we work and live.

IMPACT INVESTMENTS

Prudential Financial Inc. (PFI) has long recognized that investments could—and should—generate a financial return and create positive, measurable social impact. We’re deploying capital to social enterprises, financial intermediaries and real assets, with the goal of building a $1 billion impact investment portfolio.

  • More than $955 million in AUM and more than $1.1 billion in total outstanding commitments
  • Year-to-date investment authorizations were $171 million across 13 transactions
  • 11 full-time employees who work exclusively on the impact investment portfolio

CORPORATE & COMMUNITY ENGAGEMENT

As a company, we encourage employees to explore their passions, business skills and expertise to make meaningful contributions. Our employees serve on nonprofit boards, provide pro bono consulting, and donate their time and talents to community organizations. Through our PFI CARES platform, we engage our employees in corporate-sponsored initiatives, like volunteering, Matching Gifts and Volunteer Grants programs, that align with our focus on talent.

COMMUNITY ENGAGEMENT UPDATE Donating over 150,000 n95 respirators and face masks, bolstering critically low medical supplies

We're responding to the urgent and growing needs created by the COVID-19 pandemic by donating 153,000 face masks—including 75,000 n95 respirators—for health care workers in New Jersey and funding for local businesses and community support, both in the U.S. and internationally.

Today, we know that people want to work for, do business with and invest in companies that have a sense of purpose and who are engaged in society through their business strategy. PGIM is committed to eliminating barriers to financial and social mobility by leveraging our talent, philanthropy and investments with the power of our business.

We believe our core values are more important than ever. Our clients need more than short-term success, they need a long-term partner. Employees want to make a difference both in and out of the workplace. PGIM supports employee participation in community events and provides a corporate matching gifts program.

Sources of data (unless otherwise noted) are as of 12/31/19.