Prudential Financial : named one of the World’s Most Ethical Companies for eighth consecutive year
March 15, 2022 at 07:52 am
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The company is honoredfor the eighth consecutive year, as Ethisphere Institute says companies 'face their greatest mandate yet to be ethical.'
March 15, 2022
Prudential has been named one of the World's Most Ethical Companies, marking eight straight years the company has been recognized by the Ethisphere Institute®, a global leader in defining and advancing standards of ethical business practices.
Prudential is one of six financial services firms among 136 honorees. Ethisphere's assessment includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance and diversity.
"Being recognized as a company committed to doing business the right way is something we are proud of," said Prudential Chairman and CEO Charles Lowrey. "Being true to our principles and core values is integral to fulfilling our purpose and vision, and our customers and stakeholders expect and deserve nothing less from us. Above all else, we must work with integrity, every day."
In announcing the latest roster, Ethisphere noted that business leaders today "face their greatest mandate yet to be ethical, accountable and trusted to drive positive change."
"For nearly 150 years, Prudential employees have strived to serve our customers ethically and responsibly, including through some historically tumultuous times, such as we're facing today," said Ann Kappler, Prudential's general counsel. "Our unwavering commitment to integrity remains central to how we fulfill our purpose as a company and deliver on our promises to all of our stakeholders."
Prudential Financial Inc. published this content on 15 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2022 11:51:05 UTC.
Prudential Financial, Inc. specializes in supplying financial services to private and institutional customers. Revenues break down by activity as follows:
- retirement insurance (25.4%);
- individual life insurance (11.4%);
- group insurance (10.3%): primarily life and disability insurances;
- individual fixed and variable annuity management (8.2%);
- portfolio and mutual fund management (7.5%): USD 1,524 billion in assets under management at the end of 2021;
- other (0.9%).
The remaining revenues (36.3%) are from international activities.
Revenues are distributed geographically as follows: the United States (63.8%), Japan (26.6%) and other (9.6%).