Performance data 2012

Global employee diversity data
as at 31 December 2012

  Headcount Male Female Undisclosed White Non-white Undisclosed
Group Head Office
(including Corporate Property)
467 248
(53%)
216
(46%)
3
(1%)
209
(45%)
60
(13%)
198
(42%)
Prudential Corporation Asia
(including joint ventures)
17,560 8,956
(51%)
8,604
(49%)
n/a n/a n/a n/a
US Operations
(Jackson and PPM America)
4,331 2,213
(51%)
2,118
(49%)
0 3,568
(82%)
654
(15%)
109
(3%)
UK Insurance Operations
(including PPMS and PGDS)
2,948 1,497
(51%)
1,450
(49%)
1 2,152
(73%)
632
(21%)
164
(6%)
M&G Group
(including PRUPIM, PruCap, PPM SA)
1,241 704
(57%)
537
(43%)
0 968
(78%)
212
(17%)
61
(5%)
Total 26,547            

Gender and ethnicity data are based on self declaration.

Health and safety performance

Number of employee work-related accidents by calendar year 2012 2011 2010
RIDDOR* (UK) 1 1 0
Accidents (UK) 28 26 25
Accidents (Asia) 8 8 – 
Accidents (US) 50 64 – 

*RIDDOR accidents are those which are more serious and require reporting to UK regulatory authorities.

Environment

We assess the direct environmental impact of our investment property portfolio and our occupied properties for all buildings in the UK, and Jackson’s main premises and data centres in North America – Lansing, Michigan; Denver, Colorado and Nashville, Tennessee. We do this by monitoring energy consumption, carbon dioxide emissions, water consumption, waste and recycling, and, for our UK offices only, business travel.

We have also collected energy consumption data from 46 occupied properties in Asia, where Prudential Corporation Asia occupies approximately 20,000 square feet or more.

Due to changes in the investment properties held in the portfolio during the period, comparisons with prior years’ environmental impacts are not meaningful.

Relative contribution of investment and occupied
properties to our environmental impact (%)
Energy CO2 emissions Water Waste
Investment 57 45 77 87
Occupied 43 55 23 13

Energy consumption (’000 megawatt-hours)

Energy consumption data is taken from supplier invoices that are checked against meter readings.

In Asia, 78 per cent of the properties reporting energy consumption receive energy bills that do not include consumption data. Energy consumption was estimated for these sites by calculating consumption intensity derived from the average intensity of comparable sites in the country that provided consumption data. If there are no other sites in the country then average energy intensity benchmarks for office spaces of comparable size in similar climate zones published by the United States Energy Information Agency were used.

The decrease in UK energy consumption at occupied properties is due to energy saving measures and the optimisation of plant following energy surveys.

US and Asia energy consumption increased owing to growth during 2012, both in head count and office space.

1 October 2011 to 30 September 2012 2012 2011 2010
Investment properties (UK)
– includes green energy
152,063
87,828
171,401
95,709
175,278
99,254
Occupied properties (UK)
– includes green energy
30,493
4,337
32,435
5,909
33,163
6,117
Occupied properties (US)
– includes green energy
49,013
– 
45,004
– 
39,091
– 
Occupied properties (Asia)
– includes green energy
31,742
– 
31,500
– 
30,618
– 

Carbon dioxide emissions (tonnes)

Carbon dioxide equivalent (CO2-e) emissions are calculated using conversion factors issued by the UK’s Department of Environment, Food and Rural Affairs, the US Emissions & Generation Resource Integrated Database, and the World Resource Institute.

1 October 2011 to 30 September 2012 2012 2011 2010
Investment properties (UK) 57,335 69,274 69,703
Occupied properties (UK) 14,275 15,311 15,590
Occupied properties (US) 36,068 34,312 20,923
Occupied properties (Asia) 19,523 19,371 18,684

Water consumption (cubic metres)

Water consumption is taken from supplier invoices that are checked against meter readings.

The increase in UK water consumption at occupied properties was due to a hidden leak in a pipe at our premises in Craigforth, Scotland. The increase in US water consumption was mostly due to the severe drought and high heat conditions present last summer, which led to increased irrigation.

1 October 2011 to 30 September 2012 2012 2011 2010
Investment properties (UK) 420,200 446,857 519,700
Occupied properties (UK) 52,025 50,345 58,067
Occupied properties (US) 100,830 73,603 76,672

Waste and recycling (tonnes)

Waste and recycling data is mainly obtained from third-party service providers and includes several estimated figures. The amount of waste generated and recycled is understated, as we are not always able to obtain data from occupied premises where the landlord manages waste.

Recycling rates for UK occupied properties have increased due to more waste being sent to external material recovery facilities. Waste figures are lower because of a decrease in significant office moves undertaken.

The US waste figure increased owing to significant growth in head count during 2012.

Reporting period 1 October 2011 to 30 September 2012 2012       2011       2010      
Investment properties (UK)
– % diverted from landfill
11,576      
83      
15,726   
68.3
15,601   
45   
Occupied properties (UK)
– % recycled
869      
78.45
1,094   
69.6
1,033   
65.7
Occupied properties (US)
– % recycled
765      
26.84
608   
33.7
525   
28   

UK environmental performance

At the start of 2012, performance targets were set for energy consumption, carbon emissions, water consumption and waste production. New targets were set for confidential waste and paper purchased, since paper is a major waste stream for occupied property. Progress against targets, with the exception of water and paper purchased, is good. We implemented a number of initiatives to reduce energy consumption, carbon emissions and waste production, and continue to work with our suppliers to ensure that water consumption and paper purchase are further reduced.

Reporting period: calendar year Target 2012 2011
Energy (kWh/m2) – 5% – 7.92% – 7.14%
Energy (kWh/WS) – 5% – 8.38% – 7.26%
CO2-e (tonnes/m2) – 5% – 8.74% – 5.49%
CO2-e (tonnes/WS) – 5% – 9.20% – 5.61%
Water (m3/m2) – 4% – 2.5%   – 22.34%
Water (m3/WS) – 4% – 4.21% – 22.95%
Waste (tonnes/m2) – 5% – 9.56% + 5.31%
Waste (tonnes/WS) – 5% – 10.02% + 5.19%
Confidential waste paper (tonnes/m2) – 5% – 13.58%
Confidential waste paper (tonnes/WS) – 5% – 14.02%
Paper purchased (tonnes/m2) – 5% – 5.87%
Paper purchased (tonnes/WS) – 5% – 4.33%

kWh = kilowatt hour; WS = workstation; CO2-e = carbon equivalent

UK business travel (kilometres)

Business travel data is taken from UK employees’ expense forms for private car business travel and from corporate travel agency statements for rail and air travel. Other travel that is paid through expense claims is not captured and will therefore be understated.

2012 calendar year 2012 2011 2010
Car* 6,051,454 4,908,377 5,520,763
Rail 1,059,923 887,426 965,346
Air (domestic and international) 27,570,189 27,492,451 23,366,727
Total UK business travel 34,681,566 33,288,254 29,852,836

* The increase in car travel is due to the sales activity of the newly created Prudential Financial Planning Team.

Community investment

We calculate our community investment spend using the internationally recognised London Benchmarking Group (LBG) standard. This includes cash donations to registered charitable organisations as well as a cash equivalent for in-kind contributions.

In 2012, the total cash donations and cash equivalent for in-kind contributions (based on the LBG metric) amounted to £12.6 million, of which the direct cash donations were £9.6 million.

It is the Group’s policy not to make donations to political parties or to incur political expenditure, as defined in the Political Parties, Elections and Referendums Act 2000. The Group did not make any such donations or incur any such expenditure in 2012.

Community investment spend as at 31 December 2012* 2012
£m
2011
£m
2010
£m
UK and Europe (charitable cash donations) 4.0 2.8 3.5
Asia and US (charitable cash donations) 5.6 4.4 2.2
In-kind donations across the Group 3.0 1.9 1.8
Total 12.6 9.1 7.5

*Figures exclude funding for CR initiatives such as the UK apprenticeship scheme, which are not channelled through charitable bodies.