Our Sustainability Strategy

Over more than 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.

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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

Sustainability Vision

Help people today by advocating for security and inclusion, creating opportunity for future generations.

Sustainability Approach

Grow a sustainable and secure society through long-term, responsible actions.

Activation pillars

ESG materiality matrix

Within the seven focus areas are 21 specific ESG topics that drive the sustainability targets, goals, and initiatives described throughout this report.

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Sustainable Development Goals icon.

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

Sustainability Task Force

Photo of Beth Wood.

Beth Wood

Chair, Executive Vice President, Chief Marketing Officer

Photo of Binay Chandgothia.

Binay Chandgothia

Managing Director, Portfolio Management

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Kevin Farley

Vice President, Enterprise Worksite Services

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Jane Keairns

Director, ESG and Emerging Strategies

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Natalie Lamarque

EVP, General Counsel and Secretary

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Miriam Lewis

Chief Inclusion Officer

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Ken McCullum

EVP and Chief Risk Officer

Photo of Jo Christine Miles.

Jo Christine Miles

Director, Principal Foundation and Community Relations

Photo of Chris Reddy.

Chris Reddy

Executive Director, Investment & Client Solutions

Featured stories

Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Company®. Plan administrative services offered by Principal Life. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., member SIPC and/or independent broker/dealers. Referenced companies are members of the Principal Financial Group®, Des Moines, IA 50392. ©2023 Principal Financial Services, Inc.

Principal Financial Group Foundation, Inc. ("Principal® Foundation") is a duly recognized 501(c)(3) entity focused on providing philanthropic support to programs that build financial security in the communities where Principal Financial Group, Inc. ("Principal") operates. While Principal Foundation receives funding from Principal, Principal Foundation is a distinct, independent, charitable entity. Principal Foundation does not practice any form of investment advisory services and is not authorized to do so. © 2023 Principal Foundation.

Integration of sustainability considerations and/or environmental, social and governance (ESG) factors is qualitative and subjective by nature. There is no guarantee that the criteria used, or judgment exercised, will reflect the beliefs or values of any particular investor. There is no assurance that any strategy or integration of sustainability considerations and/or ESG factors will be successful or profitable.