Principal Financial Group Inc
Principal Financial Group Waste Data Preview
In 2023, Principal Financial Group conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Waste Generated | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Waste Recovered | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Hazardous Waste Generated | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-Hazardous Waste Disposed | 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 Waste Treatment Practices
In 2023, Principal Financial Group generated a total of 932 metric tonnes of waste.
Of this amount, 69.16% of Principal Financial Group's total waste generated was recovered through methods such as recycling, reuse, or composting, while 30.84% was disposed of through landfilling, incineration, or combustion.
Principal Financial Group's Waste Recovery Rate
How much of Principal Financial Group's waste is recycled or recovered?
In 2023, Principal Financial Group reported a total waste generation of 932 metric tonnes, of which 69.16% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Principal Financial Group is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.
Has Principal Financial Group reduced its environmental waste footprint over time?
Since 2018, Principal Financial Group's total waste generation decreased by 29.45%, yet rose by 17.05% in 2023, potentially indicating a temporary operational shift or inconsistency in waste management outcomes.
Over the same period, Principal Financial Group's waste recovery rate increased by 8.01%, while holding steady in 2023, suggesting past gains in recovery performance have stabilized.
Overall, Principal Financial Group’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.
Principal Financial Group’s Waste Recovery vs. Disposal Over Time
- Total Waste Disposed
- Total Waste Recovered
Insights into Principal Financial Group’s Generation of Hazardous and Non-Hazardous Waste
In 2023, Principal Financial Group generated a total of 932 metric tonnes of waste.
Of this amount, 12.9% of Principal Financial Group's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 87.1% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.
Principal Financial Group’s Hazardous vs Non-Hazardous Waste Over Time
- Total Non-Hazardous Waste Generated
- Total Hazardous Waste Generated
How Principal Financial Group reduced the environmental impact of its waste?
Since 2018, Principal Financial Group's total waste generation fell by 29.45%, but rose by 17.05% in 2023 , potentially reflecting a temporary surge in activity or inconsistency in waste control strategies.
Over the same period, the share of hazardous waste in Principal Financial Group's total output increased by 217.87%, including a further 130.26% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.
Overall, Principal Financial Group had previously reduced its waste generation, but recent increases in both volume and hazardousness suggest potential reversals or emerging operational risks that warrant further investigation.
How does Principal Financial Group treat its hazardous waste?
In 2023, Principal Financial Group reported that 120 metric tonnes of its total waste output were classified as hazardous. This represents 12.9% of its overall waste generation.
The company treated this hazardous waste using a combination of methods. A majority (100%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that Principal Financial Group has established processes to reduce the environmental burden of its most harmful waste streams.