Principal Financial Group 2023 Sustainability Report: Building Brighter Futures

Our commitment to sustainability

We believe everyone deserves the security to pursue their dreams and make progress toward their goals. That’s why we remain dedicated to operating sustainably and are actively working toward driving improved outcomes for people, society, and the planet.

The path to progress benefits our customers and the planet.

Our sustainability strategy

We aim to grow a resilient, inclusive, and secure society, helping people enjoy a shared prosperity today and creating opportunities for future generations.

Access our sustainability report for comprehensive details, or review highlights within the ESG Data Center.

Read the full report here

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Environment

Principal Financial Group 2023 Sustainability Report: Protecting the Environment
To create a more secure world, we pledge to be responsible stewards and mitigate our impact on the planet. Our long-term climate goals and plans are aligned with science- based targets to address climate change and support the transition to a low-carbon economy.

Diversity & Inclusion

Principal Financial Group 2023 Sustainability Report: Advocating for Financial Inclusion
We believe financial education and opportunity can lift up people of all backgrounds, all around the world. We’re working to reach them with information and resources that resonate with additional support from Principal® Foundation.

Diversity & Inclusion

Principal Financial Group 2023 Sustainability Report: Prioritizing Consumer and Product Impact
We understand the different obstacles individuals and businesses face when planning, protecting, and saving for the future. We are uniquely positioned to remove these barriers to make financial and insurance products, services, and solutions more accessible.

Sustainable Finance & Socially Responsible Investment

Principal Financial Group 2023 Sustainability Report: Our Approach to Sustainable Asset Management
We have incorporated sustainability factors into our investment process without a selection or rejection bias stemming purely from sustainability factors. Considerations of sustainability factors also feed into the analytical frameworks used by our investment teams.

Sustainable Finance & Socially Responsible Investment

Principal Financial Group 2023 Sustainability Report: Our Global Sustainable Investment Products
We are seeing institutional investors around the world become more interested in sustainable investment products —and we’re responding. As a global asset manager, we have focused on converting and launching new funds that comply with greater expectations of sustainability.

Diversity & Inclusion

Principal Financial Group® 2023 Sustainability Report: Our Global Approach to ESG Integration
The consideration of ESG factors is integrated into our sustainable investing approach across all actively managed asset classes. The integration approach is determined by the specific investment process of the investment team within the underlying asset class.

Sustainable Finance & Socially Responsible Investment

Principal Financial Group® 2023 Sustainability Report: Integrating Sustainable Investing Practices
We aim to provide clients with sustainable investment options that offer competitive, risk-adjusted returns and utilize a holistic view of factors influencing risk and return to help create added value for clients, the environment, and society and over time.

Environment

Principal Financial Group® 2023 Sustainability Report: Our Sustainability Strategy and Commitments
We remain dedicated to our sustainability commitments to help drive better outcomes for people, society, and the planet. Our strategy is made up of three activation pillars, which comprise our material sustainability focus areas.

Responsible Business & Employee Engagement

Principal Financial Group® 2023 Sustainability Report: A Letter From Our CEO
Principal is committed to expanding the population of those living in financial security through long-term, responsible actions like advocating for financial inclusion and creating new opportunities for generations to come.
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