Responsible Investment Report 2022

65

Climate change

Introduction

Active ownership

ESG integration

Partnership with Prudential

Community and people

A final word

Task Force on Climate-related Financial Disclosures (“TCFD”) Prudential became a signatory to the TCFD in 2019 and has since been publishing climate disclosures based on the TCFD recommendations. In 2021, Prudential published its first set of TCFD disclosures within its ESG Report and replicated and enhanced its response to the framework in 2022. In our capacity as the asset management arm, Eastspring has supported Prudential in its efforts at transparent reporting and in initiatives for improving the response towards climate change risk. As part of reporting enhancements and as a testament to our ongoing efforts in mitigating the effects of climate change, we publish our first set of disclosures, aimed at addressing both TCFD recommendations and the Monetary Authority of Singapore (“MAS”) Guidelines on Environmental Risk Management (“EnRM”) framework for Asset Managers.

86 Holdings

65% Absolute emissions

72 Companies

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