Principal Financial Group

Full Line Insurance

PFG

$ 70 0.09

Share price

$ 18 bn

Market Cap

$ 20 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.06x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -5.1% weighted average for S&P 500

FY2021

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.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	36	4.4	31
2019Q4	41	6.5	34
2018Q4	43	6.9	37
2017Q4	43	6.1	37
2010Q4	67	6.1	61

Principal Financial Group

Carbon footprint

Primary Climate Goal

Principal Financial Group aims to reduce Scope 1 + 2 by 40% by 2035 from a base year 2019

GHG emissions and Carbon intensity

Principal Financial Group's carbon footprint

Company environmental metrics