Prudential businesses in the U.S. and abroad are focusing on a broad range of activities that contribute to the protection of the environment. Reducing CO2 Emissions
Since 1998, Prudential Financial has made great strides in energy conservation and recycling. During that time, we've reduced net greenhouse gas emissions by 33 percent, the equivalent of 40,000 metric tons and secured ENERGY STAR® designation for one of our major facilities in New Jersey. And we're continuing our efforts through:
- Installation of more energy-efficient lighting, heating, and cooling systems
- Replacement of our fleet of security vehicles with hybrids
- Implementation of a telecommuting program for employees
- The installation of solar panels at our Roseland, NJ and Scottsdale, AZ facilities
Our technology initiatives have helped lower carbon emissions by about 18,000 tons a year, the equivalent of removing 3,300 cars from the road for one year. Our initiatives include:
- A migration to Energy-Star computers
- Physical changes to data centers to reduce the number of servers used and energy consumption. In 2010, we "virtualized" an additional 1,000 servers.
- Elimination of paper faxing in many areas and reduced paper use that saves more than 5,800 trees every year
- Reuse, recycling, sale, or donation of PDAs, cell phones, and PCs
- Purchase of equipment from manufacturers that are reducing their use of hazardous material, such as lead, and that package products in recyclable materials
The focus of our sustainable design, print, and distribution process is to:
- Reduce the amount of paper used to print and copy documents
- Develop a "life cycle" culture into the principles of design, print, and distribution, including an assessment of the environmental impact of printed materials throughout their lifespan
- Purchase paper made from recycled content, produced under sustainable forest management programs and compliant with the Lacey Act
- Balance between printed material and e-delivery and print-on-demand
- Review suppliers' sustainable business practices and commitment to the environment
Our major U.S. facilities recycle paper, plastic, metal, and glass, as well as fluorescent light bulbs, wood pallets, construction debris, ink cartridges, and batteries. In 2010, we recycled nearly 5 million pounds of materials.
Mass Transit and Telecommuting
Prudential Financial encourages the use of mass transit by its employees through its participation in the TransitChek® Transit Reimbursement Incentive Program where available. We also support alternative work arrangements, such as compressed workweeks and telecommuting.