Slide 1: Financing the Transition
Financing the Transition A just and inclusive approach with regards to emerging markets 0
Slide 2: About Prudential
About Prudential Broad footprint Trusted household Large asset owner across Asia & Africa brand 4 billion 18 million $289 billion Focus on our markets combined population customers funds under management Significant portion of our assets invested in countries in which we operate: c.$1 trillion 176 y
Slide 3: Flexibility with regards to emerging markets
Flexibility with regards to emerging markets Integrating emerging markets considerations into our approach to finance the energy transition, recognizing that they: Have fewer resources to fund the transition to a low-carbon economy. 2023 recorded USD 200 billion Have historically contributed less to
Slide 4: Prudential's Approach
Prudential’s Financing the Transition Approach Our approach aims to address two challenges… Lack of a standardised definition for brown-to-green This Agreement will be implemented to reflect equity and the principle of common but differentiated responsibilities The lack of a standardised definition
Slide 5: Financing the Transition categories
Financing the Transition categories We define Financing the Transition as directing investment into enablers, industry leaders, or high-impact sectors with the explicit goal of enabling and accelerating the net-zero transition Climate solutions Aligned Aligning Transitioning amidst Managed Phaseout
Slide 6: Transitioning amidst growth
Climate Aligned Aligning Transitioning Managed solutions amidst Phaseout Transitioning amidst growth growth Description: Companies in carbon-intensive sectors in emerging markets that are significantly reducing emissions intensity. Two key differences with the ‘aligning’ category: • We propose this
Slide 7: Our evaluation process
Our evaluation process All our FTT investments meet our fiduciary duty requirements and follow our regular investment process Level I: Level II: Level III: Group RI Policy alignment Financing the Transition categorical alignment Intentionality and measurability Prerequisites: If Level I passed, proc
Slide 8: Prudential's framework is available on the website
Prudential’s Financing the Transition framework is available on the website Prudential’s Financing the Prudential’s Financing the Transition Framework – paper Transition Framework – factsheet For more information, contact: Liza Jansen Head of Responsible Investment, Prudential liza.jansen@prudential
Slide 9: Forward-looking statements
Forward-looking statements This presentation contains 'forward-looking statements' with respect to certain of Prudential's (and its wholly and jointly owned • The timing, impact and other uncertainties of future acquisitions or combinations within relevant industries; businesses’) plans and its goal