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Principal Asset Management
Financial IntermediationUnited States
Last verified 24 days agoprincipalam.com
Principal Asset Management, often known simply as Principal AM, is a leading global asset manager headquartered in the US. Operating within the broader financial intermediation services sector, it delivers comprehensive investment solutions to clients across over 80 markets worldwide.
As the asset management arm of the long-established Principal Financial Group, Principal Asset Management provides deep expertise across public and private markets. Its core services encompass diverse strategies in equities, fixed income, real estate, and alternative investments, catering to both institutional and retail investors.
With over £440 billion (US$557.2 billion as of 31 March 2024) in assets under management, Principal Asset Management stands as a significant global provider of tailored investment and wealth management solutions. It is recognised for its commitment to helping clients achieve their financial objectives through robust portfolio diversification.
27
DitchCarbon score
-10 vs industry average
Principal Asset Management’s score of 27 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2025
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Principal Asset Management's reported carbon emissions
Principal Asset Management, a US-based financial intermediation services company, reported Scope 1 emissions of 404,000 kg CO2e and Scope 2 emissions of 282,600 kg CO2e for 2022. This totals approximately 686.6 metric tonnes CO2e for Scope 1 and 2 emissions combined. For 2021, the company disclosed Scope 1 emissions of 533,000,000 kg CO2e, or about 533,000 metric tonnes CO2e. There is no publicly available data for Scope 3 emissions for either year, with "purchased goods and services" specifically noted as a missing data point. The company has not reported any specific reduction targets or climate pledges, nor has it adopted Science Based Targets (SBTi).
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Principal Asset Management’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Principal Asset Management yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Principal Asset Management24 days ago
27
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