Sustainability Annual Report
Our annual report summarizes the progress and commitments we have made toward our sustainability objectives.
Striving for energy efficiency and positive social change in communities to pursue attractive risk-adjusted returns for our investors.
PGIM Real Estate’s U.S. value-add sustainable investing and affordable housing strategy was chosen as the winner of PREA’s 2024 ESG Momentum Award in March 2024.
Read the Press Release.
We believe that delivering a successful net zero strategy will safeguard our occupants and properties against physical climate risks and help future-proof our portfolio for a market and regulatory environment increasingly aligned with decarbonization. 100% of new acquisitions are screened for ESG criteria, as outlined in our ESG Policy.
Our annual report summarizes the progress and commitments we have made toward our sustainability objectives.
Prudential is an original signatory to the Operating Principles for Impact Management.
Rental housing in the United States, which accounts for over one-third of all housing, is now unaffordable for more than 20 million households.
David Klausner, ESG Specialist, sits down with Ola Hixon, Executive Director and Portfolio Manager, to discuss the state of affordable housing in the U.S.
*Pension Real Estate Association's 2024 ESG Momentum Award; March 2024.
**PGIM Real Estate is the tenth largest commercial real estate lender (out of 149 firms surveyed) in terms of production based on the 2022 Mortgage Bankers Association U.S. Origination Rankings published in March 2023. This ranking represents originations volume from 1/1/22-12/31/22. Participation in the ranking is voluntary and no compensation is required to participate in the ranking.