Principal® Employees Give Back in a Big Way During Global Impact Month
DES MOINES, Iowa, December 13, 2021 /3BL Media/ - Principal® kicked off its Global Impact Month program of events this fall, asking employees to step up to give back despite the ongoing challenges of COVID-19. The generosity of time and monetary donations from our employees helped us exceed our goals.
Through various volunteer efforts, we made a big impact. Below are some highlights from Global Impact Month, which were announced on “Giving Tuesday” on November 30:
- 4,353 volunteer hours by 984 employees
- $2.8 million donated by 4,873 employees
- Giving that generated a total of $5,615,862 for United Way
How teams around the globe made an impact
Global Map-a-thon: Our first of its kind global volunteer event, HOT Mapping was a great success. Principal employees mapped 48,759 buildings in Guatemala during a two-day event. The top three mapping teams won a donation to an eligible charity of their choice.
Indonesia: Principal Asset Management, Indonesia, and Principal® Foundation collaborated with Save the Children to donate RP200,000,000 ($14,093 USD) to provide shelter, hygiene supplies, and education access to families affected by the multiple earthquakes in Sulawesi.
Thailand: 42 employees voluntarily donated the value of unused annual leave to a local school foundation located in one of the poorest provinces in Thailand. The funds will help the children of underprivileged families attain access to quality education and reach their development potential.
London: Employees participated in a 300,000-step challenge raising £1,251 in donations which were matched by Principal Global Investors, Europe, for a total donation of £2,502 ($3,357 USD) to Richard House Children’s Hospice in East London.
Chile: Teams in Chile volunteered virtually to safely bring fun activities to 60 residents at nursing homes, and to provide mentoring and math tutoring to 12th grade students from vulnerable schools.
Hong Kong: Principal International joined the Dress in Pink day for the Hong Kong Cancer fund raising HK$30,000 ($3,850 USD) for the cause.
India: Principal Global Services teams completed five different volunteer programs in addition to the map-a-thon.
Ottumwa, Iowa: A small team of five volunteers collected and packed 1,000 health and hygiene bags with laundry detergent, dryer sheets, and cleaning products to distribute to low- to moderate-income residents in a seven-county area who are at or below 200% of the poverty level.
Nebraska: In Grand Island, employees volunteered at the Nebraska State Fair in support of United Way and served meals to over 550 individuals through Project Homeless Connect Norfolk. Principal employees also held a book drive in Grand Island and Des Moines to benefit kids at local schools, collecting over 350 books.
Des Moines: Employees in Des Moines collected over 300 pounds of hygiene items donated to Des Moines Public Schools through our hygiene drive, donated 39 pints of blood to LifeServe during a time of critical need, and packed 78,408 nutritionally dense meals for communities in need around the world through Meals from the Heartland.
Principal Financial Group® (Nasdaq: PFG) is a global financial company with 18,000 employees1 passionate about improving the wealth and well-being of people and businesses. In business for more than 140 years, we’re helping more than 49 million customers1 plan, insure, invest, and retire, while working to support the communities where we do business, improve our planet, and build a diverse, inclusive workforce. Principal® is proud to be recognized as one of the World’s Most Ethical Companies2, a member of the Bloomberg Gender Equality Index, and a Top 10 “Best Places to Work in Money Management3.” Learn more about Principal and our commitment to sustainability, inclusion, and purpose at principal.com.
1 As of September 30, 2021
2 Ethisphere Institute, 2021
3 Pensions & Investments, 2020
United Way, Richard House Children’s Hospice, LifeServe and Meals from the Heartland are not affiliates of any member of the Principal Financial Group®.
Principal®, Principal Financial Group® and the Principal logo design are registered trademarks of Principal Financial Services, Inc., a Principal Financial Group company, in the United States and are trademarks and service marks of Principal Financial Services, Inc., in various countries around the world.
Principal Financial Group Foundation, Inc. ("Principal Foundation") is a duly recognized 501(c)(3) entity focused on providing philanthropic support to programs that build financial security in the communities where Principal Financial Group, Inc. ("Principal") operates. While Principal Foundation receives funding from Principal, Principal Foundation is a distinct, independent, charitable entity. Principal Foundation does not practice any form of investment advisory services and is not authorized to do so. © 2021 Principal Foundation.
Insurance products and plan administrative services provided through Principal Life Insurance Company®, a member of the Principal Financial Group®, Des Moines, IA 50392.
Principal Global Investors leads global asset management at Principal® and includes the asset management operations of the following members of Principal®: Principal Global Investors, LLC; Principal Real Estate Investors, LLC; Principal Real Estate Europe Limited and its affiliates; Spectrum Asset Management, Inc.; Post Advisory Group, LLC; Origin Asset Management, LLP; Claritas Investimentos; Principal Global Investors (Europe) Limited; Principal Global Investors (Singapore) Ltd.; Principal Global Investors (Australia) Ltd.; Principal Global Investors (Japan) Ltd.; Principal Global Investors (Hong Kong) Ltd., and include assets where we provide model portfolios. Marketing assets under management include certain assets that are managed by Principal International and Retirement and Income Solutions divisions of Principal.