Our parent company, Prudential Plc
As a life insurer, asset owner and manager, we are long-term stewards of our customers’ assets. We have a responsibility to our customers, the communities and environment in which we operate, to apply ESG considerations into our investment
decisions and our fiduciary and stewardship duties.
Our Group-wide Responsible Investment Framework (GRIF) is designed to draw together the ESG-related approaches of our asset management businesses (Eastspring in Asia and PPM America in the US) and our asset owner insurance businesses (PCA
in Asia and Jackson in the US).
Oversight of the GRIF is the responsibility of our ESG Executive Committee, which reports to the Nomination & Governance Committee of Prudential plc. The ESG Executive Committee maintains our Group-wide Responsible Investment Standards,
which are based upon our Group Code of Business Conduct and set minimum requirements for each of our business units. These Group-level standards require all of our businesses to develop and maintain their own local responsible investment
policies, which capture their own approaches to responsible investment and are appropriate to the jurisdictions in which they operate.
The Eastspring Management Committee (EMC) drives and oversees the day-to-day operation of the firm globally. Eastspring Investments Responsible Investment Taskforce (RIT) is designated responsibility to oversee Eastspring Investments Responsible
Investment activities by the EMC. The RIT provides a forum to determine the strategic direction for Responsible Investment. It comprises of cross-functional representation of investment teams across our business.
The Eastspring Responsible Investment Working Group (ERIWG), which comprises of representatives across Eastspring Investments Local Business Units (LBUs), is a sub-committee of the RIT. It assists the RIT in implementing our Responsible Investment
Framework. In turn, locally-represented Responsible Investment Committees are formed, as needed, to discuss practical and operational issues encountered in the application of the investment teams' policies.
We are committed to an ongoing process of improving our approach to integrating ESG into our investment processes. Our policies will evolve over time to reflect changes in business practices, structures, technology, and the law.