Principal Financial Group

Life & Health Insurance
$ 72 (0.26)%
Share price
$ 17 bn
Market Cap
$ 17 bn
Enterprise Value

Carbon footprint

1.5 Ton
GHG emissions per $ 1 mln investment
0.04x the weighted average for S&P 500
How is this calculated?
YOY change in GHG emissions
Stronger than the +0.5% weighted average for S&P 500
FY2022 vs. previous year

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -8.2% weighted average for S&P 500
How is this calculated?

Principal Financial Group aims to achieve net zero for Scope 1 + 2 by 2050

This target has not been verified as science based according to SBTi
Principal Financial Group's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Principal Financial Group's GHG emissions (market-based) (Kt of CO2e)
Principal Financial Group's Carbon intensity (Tons per 1 USDm)

Principal Financial Group's carbon footprint

Principal Financial Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 25 Kt (+1.1/+4.7% y-o-y). At the sime time, carbon intensity declined to 1.5 t (-0.2 /-11.8% y-o-y).

No public disclosure of Scope 3 emissions has been found for Principal Financial Group at the moment.

The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -0.91 Kt per annum over the period of FY2023 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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