Responsible Investing Statement
For more than 140 years, Prudential Financial, Inc. (“Prudential”) has committed to keeping its long-term promise of helping our customers achieve financial security and peace of mind by offering insurance and retirement products and services.
Our commitment requires that we invest the premiums and fees collected from our customers in high-quality assets that effectively hedge the products we sell. This approach is referred to as liability-driven investing. In constructing such portfolios, we take a long-term view of the risks and opportunities across assets and asset classes, a view that considers fundamental financial analysis as well as environmental, social and governance (“ESG”) factors.
Prudential’s Chief Investment Office Responsible Investing Policy governs Prudential’s investment activities as an asset owner across all General Account (GA) assets for the company’s wholly owned insurance company affiliates. This policy applies to all asset managers (internal or external) and the assets they manage on behalf of Prudential’s GA.