Principal Financial Group
Full Line Insurance
PFG
$ 70 0.09
Share price
$ 18 bn
Market Cap
$ 20 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
Principal Financial Group aims to reduce Scope 1 + 2 by 40% by 2035 from a base year 2019
This target has not been verified as science based according to SBTi
GHG emissions and Carbon intensity
Principal Financial Group reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 36 Kt (-5 /-12.3% 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 reducing Scope 1 + 2 by 40% by 2035 from a base year 2019, which translates into the estimated reduction of -0.75 Kt per annum over the period of FY2021 - FY2035. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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