Principal Financial Group Inc
Principal Financial Group Energy Data Preview
In 2023, Principal Financial Group disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Principal Financial Group also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Principal Financial Group also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Principal Financial Group also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Principal Financial Group's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into Principal Financial Group's Energy Renewability
In 2023, Principal Financial Group consumed a total of 280,420.92 Gigajoules of energy across its operations. Of this total, 42.19% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 57.81% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
Principal Financial Group's Energy Renewability Rate
How much of Principal Financial Group's energy consumed is renewable?
In 2023, Principal Financial Group consumed a total of 280,420.92 Gigajoules of energy, of which 42.19% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This moderate level of renewable energy adoption indicates that Principal Financial Group is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Are Principal Financial Group's energy practices becoming more sustainable?
Since 2019, Principal Financial Group's total energy consumption decreased by 25.58%, including a further 9.4% drop in 2023, highlighting a continued decline in energy use.
Principal Financial Group's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Principal Financial Group's Energy Consumption & Production Mix
In 2023, Principal Financial Group disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Principal Financial Group's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Principal Financial Group's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Principal Financial Group's energy consumption?
In 2023, Principal Financial Group's total energy consumption was primarily sourced from
- Diesel, Jet Fuel (ATF) and Natural Gas (100%)
How diverse is Principal Financial Groupās energy consumption mix?
In 2023, Principal Financial Group consumed energy from 2 different sources or generation technologies, indicating a highly concentrated energy mix, with Diesel, Jet Fuel (ATF) and Natural Gas alone accounting for 100% of total consumption.