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Making homes affordable.

Prudential has become a big backer of affordable housing in “low-opportunity communities,” committing $5.6 billion so far in more than 30 cities. Its efforts are especially apparent in its home city, where the ripple effects of New York’s housing crunch have inflated prices. Prudential “stands out for their leadership in keeping Newark affordable,” Mayor Ras Baraka tells Fortune. Buildings funded by Prudential have reserved as much as 40% of their units for low-income tenants.

Company Information

Country
U.S.
Headquarters
Newark
Impact Segment
Human Rights/Social Justice
Sector
Financials
Industry
Insurance: Life, Health
CEO
Charles Lowrey
Websitehttp://www.prudential.com
Company Type
Public
Ticker
PRU
Prior Year Rank34
Revenues ($M) (Last Fiscal Year)$62,992
Profits ($M) (Last Fiscal Year)$4,074
Market Value ($M) as of 8/12/19$33,221
Employees50,492

Refinitiv Sustainable Leadership Monitor

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