Our ESG Strategy
Over the last 140 years, we've learned that people live their best lives when they feel secure. While financial stability plays into that, so too do social and environmental factors. We're here for it all.
Our role in society
We make financial security accessible to all, while doing right by our customers, our communities, and the planet.
The scope of our strategy
ESG vision
Help people today by advocating for security and inclusion, creating opportunity for future generations.
ESG approach
Grow a sustainable and secure society through long-term, responsible actions.
Activation pillars
People
Practices
Products and services
ESG materiality matrix
We refine and prioritize the issues most material to our business, based on their impact and influence.
Sustainable development goals
The UN describes SDGs as "the blueprint to achieve a better and more sustainable future for all," and we're committed to supporting this effort.
GOAL 5: GENDER EQUALITY
Achieve gender equality and empower all women and girls
GOAL 8: DECENT WORK AND ECONOMIC GROWTH
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
GOAL 10: REDUCED INEQUALITIES
Reduce inequality within and among countries
GOAL 13: CLIMATE ACTION
Take urgent action to combat climate change and its impacts*
GOAL 17: PARTNERSHIPS FOR THE GOALS
Strengthen the means of implementation and revitalize the global partnership for sustainable development
ESG task force
Global Brand & Experience
Beth Wood
Chair, Executive Vice President, Chief Marketing Officer
Diversity & Inclusion
Miriam Lewis
Chief Inclusion Officer
Environmental
Kevin Farley
Vice President, Enterprise Worksite Services
Global Investors (PGI)
Christopher Reddy
Executive Director, Investment & Client Solutions
Community Relations
Jo Christine Miles
Director, Principal Foundation and Community Relations
Beth Wood, EVP, Global Chief Marketing Officer and Chair, ESG Task Force
Beth Wood
EVP, Global Chief Marketing Officer and Chair, ESG Task Force
How does your work advance ESG Goals?
Inclusive marketing efforts are vital to financial inclusion. Financial security is a journey that each customer approaches from a different place. It’s important that we have the right data, the right messaging, and the right communication channels to reach our customers wherever they are in the world, whatever their financial status, goals, stage of life, or level of financial confidence.
UN SDGs supported:
5, 8, 10, 13, 17
Years of Experience:
14
Joined Principal:
2019
Miriam Lewis, Chief Inclusion Officer
Miriam Lewis
Chief Inclusion Officer
How does your work advance ESG Goals?
Our diversity and infusion efforts help ensure a healthy workplace, community and marketplace. This work can ultimately lead to better business outcomes for our customers and other stakeholders.
UN SDGs supported:
5, 8, 10
Years of Experience:
6
Joined Principal:
2019
Kevin Farley, VP-Enterprise Worksite Services
Kevin Farley
VP-Enterprise Worksite Services
How does your work advance ESG Goals?
Sustainability starts at home. We work to minimize the environmental impact of our operations while ensuring our physical and digital work environments meet the changing needs of a global workforce.
UN SDGs supported:
12, 13
Years of Experience:
33
Joined Principal:
2000
Christopher Reddy, Executive Director- Investments and Client Solutions, Principal Global Investors
Christopher Reddy
Executive Director- Investments and Client Solutions, Principal Global Investors
How does your work advance ESG Goals?
Our investment teams at PGI work to integrate ESG principles in the assets they manage and work with client for specialized investment mandates. We hope to advance our journey by helping promote financial inclusion, mitigate climate risk, and pursue other sustainability goals by working with clients to reflect ESG principles into our approach to asset management across classes.
UN SDGs supported:
1, 4, 7, 8, 10, 13, 16
Years of Experience:
34
Joined Principal:
1986
Jo Christine Miles, Director, Principal community relations and the Principal® Foundation
Jo Christine Miles
Director, Principal community relations and the Principal® Foundation
How does your work advance ESG Goals?
The Principal Foundation invests in effective, data-driven programs that support individuals and communities on the path to more secure financial futures. We also help connect our 17,500 employees to the communities in which they live and work by arranging volunteer initiatives that speak to their interests and desire to give back.
UN SDGs supported:
8, 10, 17
Years of Experience:
20
Joined Principal:
2020
