Building a more prosperous planet
2019 Corporate Social Responsibility Report
Our corporate social responsibility strategy is central to who we are as a company. We are committed to the communities, institutions, and the environment that surround us, sustain us, and influence our values and our lives. We believe that when people and communities thrive, our mission is fulfilled. And we want to continue to make our initiatives in the areas of environmental, social, and governance (ESG) transparent. This is part of our commitment to corporate citizenship because trust in our business—to do the right thing, in the right way—is the foundation of a strong future.
We invite you to explore our 2019 Corporate Social Responsibility report to learn about our ESG investing, and how we are building a more inclusive, resilient, and sustainable global community.
Download the full 2019 Corporate Social Responsibility report (PDF)
Principal® Foundation makes charitable grants to community partner organizations that work to help people learn more, earn more, and save more, as well as build strong communities. In 2019, we invested more than $16.5 million in non-governmental organizations around the world. More than 450 organizations worldwide benefit from local action supported and organized by the Principal Foundation. Learn more about our grantmaking.
In partnership with the Principal Foundation, we produce programs such as YouthCan, investing in projects that help young people ages 15–30 earn and save more, support global microlending platform Kiva, and have pioneered our own Financial Security Collaborative to better connect with socioeconomic groups traditionally underserved by the financial industry.
Principal Foundation also encourages charitable involvement by Principal employees through volunteer and match giving programs. Our employee United Way campaign is the leader in central Iowa, impacting more than 178 local United Way chapters and agencies across the U.S. alone.
We host the Principal Charity Classic, which has leveraged the power of partnerships to raise more than $23 million for kids’ causes since 2007.
Principal® Community Relations has a focus to build financial security in communities where Principal Life Insurance Company operates. Insurance products and plan administrative services provided through Principal Life Insurance Co., a member of the Principal Financial Group®, Des Moines, IA 50392.
The Principal Financial Group Foundation, Inc. (the “Principal® Foundation”) is a distinct, not for profit, undertaking separate from the Principal Financial Group, Inc. (“Principal”). The major focus of the Principal Foundation is to build financial security in the communities where Principal operates. The Principal Foundation has $200M assets under management and directs its returns to helping people learn, earn, and save. While the Principal Foundation receives funding from Principal, the Principal Foundation is an independent organization. The Principal Foundation does not practice any form of investment advisory services and is not authorized to do so. The Principal Foundation YouthCan Initiative is a venture of the Principal Foundation and is aligned with the goals and objectives of the Principal Foundation. © 2020 Principal Foundation.