Principal® Releases First Sustainable Financing Report Announcing Allocations of $600M Sustainability Bond

Principal Financial Group® has released its first Principal Sustainable Financing Report to highlight the proceeds allocated to eligible green and social assets from the issuance of the company’s $600 million sustainability bond in August 2021. The report details allocation and key performance indicators of the proceeds, which went toward initiatives such as green buildings, renewable energy, energy efficiency, and affordable housing. The bond is one example of the company’s commitment to advancing Environmental, Social, and Governance (ESG) practices in its organization and operations – with a client-first focus central to…

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