Principal Financial Group Inc
Principal Financial Group's Climate Target Data Preview
As of 2024, Principal Financial Group has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Principal Financial Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2034 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a, b | 2035 |
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Verified Sources Behind Principal Financial Group’s Climate Targets Data
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Insights into Principal Financial Group's Greenhouse Gas Emissions Pathways
As of 2024, Principal Financial Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b
Does Principal Financial Group have a target to reduce the emissions from its operations?
As of 2024, Principal Financial Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Principal Financial Group's most ambitious operational target is to reduce these emissions by 65% by 2034, compared to a baseline of 36,522 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
As of 2024, Principal Financial Group is ahead of schedule on its operational emissions reduction target, having achieved 82.46% of the planned reduction. a