Building a more prosperous planet
2019 Corporate Social Responsibility Report
At Principal, we embrace Environment, Social and Governance (ESG) as a core strategy to strengthen our business, advance our mission, and build a more inclusive, resilient and sustainable global community. This is part of our commitment to corporate citizenship, as well as an effort to listen, understand, and respond to the changing needs of our stakeholders.
For more than 140 years, we’ve committed to finding a better way—discovering new opportunities to help people and businesses make progress big and small. As we’ve grown to support over 33 million customers around the globe, our impact and desire to serve has never been greater. And our sense of responsibility has never felt more urgent. We rise every day with conviction in the belief that all people deserve a better financial future, continually pursuing new pathways to guide toward lifelong financial progress.
2019 sustainability highlights
Over $10 billion in custom-screened ESG-related assets managed by Principal Global Investors.
Ranked No. 5 Best Employers for Women by Forbes in 2019. Which also listed Principal among America’s Best Employers and Best Employers for Diversity (No. 55).
55% of the independent members of our Board are women and minorities.
A- climate-change grade received from Carbon Disclosure Project (CDP).
Over 1,500 organizations in 450 communities around the world benefit from Principal® Foundation activities, which contributes more than $15 million through grants, employee and match giving, sponsorships, pro bono and in-kind donations.
56,600 volunteer hours logged by more than 2,700 Principal employees in 2019.
$64.1 million in energy costs saved by Principal Real Estate Investors. Reduced energy consumption by properties within its asset portfolio by 16.8% since 2008.
142,000 pounds of food composted or donated from the dining halls on our corporate campus in 2019, an 88% increase over 2018.
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)
- CSR report executive summary (PDF)
- GRI index (PDF)
- Commitment to sustainable development goals (PDF)
- 2020 Public Transparency Report from UN PRI (PDF)
- CDP climate change questionnaire (PDF)
- Responsible investment policy statement (PDF)
- TCFD index (PDF)
- COVID-19 care and response (PDF)
- US tax disclsoure (PDF)
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.