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Download - Prudential Corporate Responsibility report 2011

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5<br />

I am proud to present our <strong>2011</strong> corporate responsibility<br />

<strong>report</strong> providing a review of our commitments and<br />

progress.<br />

Businesses have enormous influence on the world<br />

and, at <strong>Prudential</strong>, we believe that businesses are part of<br />

society, not separate from it, so they have a responsibility<br />

not only to do well but also to do good. This is why we<br />

strive to ensure that sustainability – in its broadest sense<br />

– is central to the way we do business.<br />

Our prudent management of our long-term liabilities<br />

and investments, our commitments to our customers<br />

and our employees as well as our support for our<br />

communities and responsibility towards the environment,<br />

are rooted in our aim of continuing to deliver strong<br />

financial performance, sustainably.<br />

I believe that we are making good progress but this is not<br />

an area where we can afford to be complacent and, as a<br />

Board, we regularly challenge our businesses to do more.<br />

In December <strong>2011</strong> I announced my intention to retire<br />

as Chairman of <strong>Prudential</strong> once a suitable successor<br />

had been found. It has been a great honour to serve<br />

as Chairman – and to act as Board sponsor for CR<br />

during my tenure – but my other public commitments,<br />

including my personal involvement in educational and<br />

philanthropic activities, now deserve more of my time<br />

and energy. I will leave <strong>Prudential</strong> knowing that the<br />

Board will continue to drive our sustainability agenda<br />

as a core part of our strategy.<br />

In this year’s CR <strong>report</strong> you will see our progress on our<br />

core responsibility themes which continue to be based<br />

around our customers, our people, the environment and<br />

our communities. For the second year running we have<br />

also included a selection of articles based on interviews<br />

with our people showing how we put our principles<br />

into practice.<br />

We have many good stories to tell and I hope you<br />

enjoy this year’s selection, which include some of the<br />

remarkable examples of how our people devote their<br />

time, energy and expertise to support good causes.<br />

It is a constant source of pride when I hear their stories<br />

– from on-the-ground support following the Japan<br />

earthquake and the floods in Thailand, to mentoring<br />

and volunteering in education to help young people<br />

have a better start in life.<br />

I would like to take this opportunity to express my<br />

thanks to all our employees around the world whose<br />

commitment and dedication is making a real difference<br />

to our communities.<br />

Harvey McGrath<br />

Chairman, <strong>Prudential</strong> plc

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