Public Profile

Principal Asset Management

Principal Asset Management, a division of Principal Financial Group, is headquartered in Des Moines, Iowa, with significant operations across North America, Europe, and Asia. Established in 1879, the firm has evolved into a leading player in the investment management industry, focusing on asset management, retirement solutions, and risk management services. The company offers a diverse range of investment products, including mutual funds, private equity, and real estate investment trusts (REITs), distinguished by their commitment to innovative strategies and client-centric solutions. Principal Asset Management is recognised for its robust performance and has achieved notable milestones, including consistent rankings among the top asset managers globally. With a strong emphasis on sustainability and responsible investing, Principal Asset Management continues to solidify its market position as a trusted partner for institutional and individual investors alike.

DitchCarbon Score

How does Principal Asset Management's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

20

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

29

Industry Benchmark

Principal Asset Management's score of 20 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

7%

Principal Asset Management's reported carbon emissions

Principal Asset Management currently does not have publicly available carbon emissions data for the most recent year, as indicated by the absence of specific figures. Additionally, there are no documented reduction targets or initiatives listed, which suggests that the company may not have formal commitments in place regarding carbon emissions reduction or climate action at this time. In the context of the asset management industry, firms are increasingly recognising the importance of sustainability and climate commitments. While Principal Asset Management may not have specific data or targets to report, it is essential for companies in this sector to align with global climate goals and consider integrating environmental, social, and governance (ESG) factors into their investment strategies. As the industry evolves, stakeholders are encouraged to monitor developments in climate commitments and emissions reporting from Principal Asset Management and similar firms, as these will be crucial for assessing their impact on climate change and sustainability efforts.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Principal Asset Management's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Principal Asset Management is headquartered in US, which has a rank of medium, indicating medium grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Principal Asset Management is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers