Prudential Financial, Inc. — Ethics Grade C+

Prudential Financial, Inc. receives an overall ethics grade of C+ (55/100) on CancelCo's corporate accountability database. Sector: Financial Services. Market cap: Large Cap.

Category scores

• labor: 50
• privacy: 75
• consumer: 45
• environment: 65
• humanRights: 60

Documented incidents (3)

• Unauthorized Policy Sales (high, 2018) — Whistleblowers revealed that Prudential employees allegedly sold unauthorized life insurance policies to Wells Fargo customers through a partnership, leading to the termination of the deal.
• Underwriting Discrimination Lawsuit (medium, 2022) — Faced lawsuits alleging that the company used racially biased underwriting criteria that resulted in Black applicants being charged higher premiums for life insurance.
• Workplace Harassment Settlement (medium, 2020) — Settled multiple claims regarding a toxic work culture and gender-based discrimination within its investment management divisions.

Documented good deeds

• Impact Investment Milestone — Reached a milestone of $1 billion in impact investments aimed at addressing social and environmental issues.

Ethical alternatives

• Allianz SE — Stronger consistent ESG performance and better consumer protection ratings in Europe.