Building a more prosperous planet

Principal 2019 Corporate Social Responsibility Report.

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)

Philanthropic investment

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.

Our CEO’s commitment

Dan Houston, Principal's Chairman, President, and CEO talks about ESG.

“Our commitment to our customers, and their expectations of us, extend beyond building a secure financial future, to improving the future of the world we all share.”
Dan Houston, chairman, president, and CEO

2019 CSR highlights

Graphic saying that Principal Global Investors managed more than $10 billion in custom-screened ESG-related assets in 2019.

See a snapshot of our corporate citizenship accomplishments and awards from the past year.

2019 CSR highlights (PDF)

Photo of Mandi McReynolds.

Mandi McReynolds
Director, ESG

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.