PGIM believes that Environmental, Social, and Governance (ESG) factors can be material when evaluating investment opportunities and risks. Considering these factors is consistent with our ultimate fiduciary duty—searching for the highest risk-adjusted returns for our clients. Upon a client’s request, we will customize the management of client mandates to specific ESG directives to the extent practicable.
Three of the PGIM businesses—PGIM Real Estate, PGIM Fixed Income, and QMA—are signatories to the United Nations’ Principles for Responsible Investment. Additionally, PGIM has been a member of the Investment Network on Climate Risk since 2009, working with institutional investors on building best practices for sustainable investing.