Prudential Positive Impact Fund Climate Report 2024

This document is a climate report for the Prudential Positive Impact Fund as of December 31, 2024. It is based on the recommendations from the Task Force on Climate-related Financial Disclosures (TCFD) and provides information to assess the fund's climate-related risks and opportunities. The report outlines the fund's approach to managing climate change impacts, including data integrity, coverage, and quality. It discusses emissions data for the last three years, detailing factors that may contribute to changes in emissions, such as fund size and asset class investment proportions. The report also defines key climate metrics, including Assets Under Management (AUM), Financed Carbon Emissions (FCE), Carbon Footprint (CF), and Weighted Average Carbon Intensity (WACI). Additionally, it presents scenario analysis for future climate conditions, highlighting potential impacts on asset values under different transition scenarios. The report aims to enhance understanding of the fund's climate impact and improve data coverage in the future.