SAN FRANCISCO–(BUSINESS WIRE)–500 Global, een van ‘s werelds meest actieve durfkapitaalbedrijven1, heeft vandaag aangekondigd dat het zijn Sustainable Innovation Program lanceert. Dit initiatief is opgezet om missiegedreven oprichters te ondersteunen bij het ontwikkelen van commercieel haalbare oplossingen voor duurzaamheidsuitdagingen in het zuiden van de wereld. Het Sustainable Innovation Program is gebaseerd op de overtuiging dat de volgende generatie van wereldwijde groei zal worden aange
Author: sHq_LoGiNz
舊金山–(BUSINESS WIRE)–(美國商業資訊)– 全球最活躍的創投公司之一1500 Global今日宣布推出「永續創新計畫」，該計畫旨在支援以使命為導向的創業者，針對全球南方地區的永續發展挑戰開發具有商業可行性的解決方案。 永續創新計畫植基於這樣一種信念：下一代全球成長將由植根於本地領導力的永續、包容性創新驅動。該計畫匯聚策略資本、多邊合作夥伴關係和深厚的領域專業知識，協助創業者擴大業務規模，既實現市場報酬，又產生可衡量的影響力。 其催化合作夥伴為Shell Foundation，同時獲得了英國政府「能源存取轉型」(TEA)平台和「透過擴充能源生態系統促進農業發展」(CASEE)計畫的共同資助。這是第一個專注於在農業、能源、交通和建築環境領域投資人力資本的合作夥伴關係。 500 Global永續成長部門管理合夥人Alaa Murabit博士表示： 「透過永續創新計畫，我們正在針對關鍵挑戰提供具有商業可行性的解決方案。我們致力於支援創業者打造能夠強化社群並擴大實際影響力的企業。我們的目標是為這些創業者及合作夥伴提供支援，共同達成建立、解決、擴充和維持包容性再生社會的宏偉目
旧金山–(BUSINESS WIRE)–(美国商业资讯)– 全球最活跃的风险投资公司之一1500 Global今日宣布推出“可持续创新计划”，该计划旨在支持以使命为导向的创业者，针对全球南方地区的可持续发展挑战开发具有商业可行性的解决方案。 可持续创新计划基于这样一种信念：下一代全球增长将由植根于本地领导力的可持续、包容性创新驱动。该计划汇聚战略资本、多边合作伙伴关系和深厚的领域专业知识，助力创业者扩大业务规模，既实现市场回报，又产生可衡量的影响力。 其催化合作伙伴为Shell Foundation，同时获得了英国政府“能源获取转型”(TEA)平台和“通过扩展能源生态系统促进农业发展”(CASEE)计划的联合资助。这是首个专注于在农业、能源、交通和建筑环境领域投资人力资本的合作伙伴关系。 500 Global可持续增长部门管理合伙人Alaa Murabit博士表示： “通过可持续创新计划，我们正在针对关键挑战提供具有商业可行性的解决方案。我们致力于支持创业者打造能够强化社区并扩大实际影响力的企业。我们的目标是为这些创业者及合作伙伴提供支持，共同实现创建、解决、扩展和维持包容性再生
UDAIPUR, India, Aug. 12, 2025 /PRNewswire/ — Hindustan Zinc Limited (BSE: 500188) (NSE: HINDZINC), India’s only and the world’s largest integrated zinc producer, has become the first Indian company to join the International Council on Mining and Metals (ICMM), a global leadership body of 25 mining and metals companies committed to advancing sustainability, transparency, and ethical practices across the mining value chain.
Hindustan Zinc’s induction follows a rigorous independent assessment and endorsement by ICMM’s Council, based on recommendations from the Independent Expert Review Panel (IERP). This milestone reaffirms ICMM’s deepening engagement in South Asia and marks its first new member since 2021.
Priya Agarwal Hebbar, Chairperson, Hindustan Zinc, said the membership reflects the company’s commitment to sustainability, innovation, and responsible resource development, while enabling collaboration with global mining leaders.
With this, Hindustan Zinc commits to ICMM’s 40 performance expectations spanning Environmental, Social, and Governance (ESG) practices, including third-party validation across all operations.
Arun Misra, CEO – Hindustan Zinc, called it a new chapter in the company’s Sustainability 2.0 journey, integrating global best practices to create lasting environmental, social, and industry-wide impact.
Rohitesh Dhawan, President & CEO, ICMM, welcomed Hindustan Zinc as a significant addition, strengthening collective efforts and reinforcing its leadership in India’s mining sector.
Headquartered in Udaipur, Hindustan Zinc operates silver-lead-zinc underground mines, smelters, and allied infrastructure across northwest India. Recognized for excellence in tailings management, decarbonization, circular economy, and diversity, equity, and inclusion, the company maintains independent governance and transparent sustainability reporting.
Hindustan Zinc has been ranked the world’s most sustainable metals and mining company by the S&P Global Corporate Sustainability Assessment for two consecutive years. Its 2030 Sustainable Goals focus on climate action, biodiversity, water stewardship, circularity, and inclusive growth, with a commitment to Net Zero emissions by 2050 or sooner. It was the first Indian metals and mining company to secure SBTi-validated targets aligned to the 1.5°C goal, achieving a 15% reduction in GHG emissions intensity in FY25 vs 2020. With an EPD-verified portfolio, Hindustan Zinc is uniquely positioned to lead the global energy transition, balancing growth with environmental stewardship and social progress.
For more information, please visit – https://www.hzlindia.com/home/ and follow us on LinkedIn, Facebook, and Instagram for more updates.
For any media queries, please contact:
Maitreyee Sankhla
Head Corporate Communications
Hindustan Zinc Limited
Maitreyee.Sankhla@vedanta.co.in
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SOURCE Hindustan Zinc
UDAIPUR, India, Aug. 12, 2025 /PRNewswire/ — Hindustan Zinc Limited (BSE: 500188) (NSE: HINDZINC), India’s only and the world’s largest integrated zinc producer, has become the first Indian company to join the International Council on Mining and Metals (ICMM), a global leadership body of 25 mining and metals companies committed to advancing sustainability, transparency, and ethical practices across the mining value chain.
Hindustan Zinc’s induction follows a rigorous independent assessment and endorsement by ICMM’s Council, based on recommendations from the Independent Expert Review Panel (IERP). This milestone reaffirms ICMM’s deepening engagement in South Asia and marks its first new member since 2021.
Priya Agarwal Hebbar, Chairperson, Hindustan Zinc, said the membership reflects the company’s commitment to sustainability, innovation, and responsible resource development, while enabling collaboration with global mining leaders.
With this, Hindustan Zinc commits to ICMM’s 40 performance expectations spanning Environmental, Social, and Governance (ESG) practices, including third-party validation across all operations.
Arun Misra, CEO – Hindustan Zinc, called it a new chapter in the company’s Sustainability 2.0 journey, integrating global best practices to create lasting environmental, social, and industry-wide impact.
Rohitesh Dhawan, President & CEO, ICMM, welcomed Hindustan Zinc as a significant addition, strengthening collective efforts and reinforcing its leadership in India’s mining sector.
Headquartered in Udaipur, Hindustan Zinc operates silver-lead-zinc underground mines, smelters, and allied infrastructure across northwest India. Recognized for excellence in tailings management, decarbonization, circular economy, and diversity, equity, and inclusion, the company maintains independent governance and transparent sustainability reporting.
Hindustan Zinc has been ranked the world’s most sustainable metals and mining company by the S&P Global Corporate Sustainability Assessment for two consecutive years. Its 2030 Sustainable Goals focus on climate action, biodiversity, water stewardship, circularity, and inclusive growth, with a commitment to Net Zero emissions by 2050 or sooner. It was the first Indian metals and mining company to secure SBTi-validated targets aligned to the 1.5°C goal, achieving a 15% reduction in GHG emissions intensity in FY25 vs 2020. With an EPD-verified portfolio, Hindustan Zinc is uniquely positioned to lead the global energy transition, balancing growth with environmental stewardship and social progress.
For more information, please visit – https://www.hzlindia.com/home/ and follow us on LinkedIn, Facebook, and Instagram for more updates.
For any media queries, please contact:
Maitreyee Sankhla
Head Corporate Communications
Hindustan Zinc Limited
Maitreyee.Sankhla@vedanta.co.in
Photo: https://mma.prnewswire.com/media/2748831/Hindustan_Zinc_joins_ICMM.jpg
Logo: https://mma.prnewswire.com/media/2748830/Hindustan_Zinc_Logo.jpg
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SOURCE Hindustan Zinc
SWORDS, Ireland, August 12, 2025 /3BL/ – Trane Technologies (NYSE:TT), a global climate innovator, today announced the launch of the BrainBox AI Lab – igniting a new era in energy optimization for heating, ventilation, and air conditioning (HVAC) solutions in the built environment and refrigerated transport.
The Trane Technologies BrainBox AI Lab is dedicated to advancing technologies designed to support more intelligent, efficient, and sustainable building operations across the industry. With the infusion of AI through Trane Technologies’ products, solutions, and operations, the organization is poised to lead the market transition towards fully digitized building operations in alignment with its sustainability principles.
“Through the BrainBox AI Lab, we are bringing together world-class talent and industry-leading technology to shape the next generation of climate innovation,” said Riaz Raihan, Chief Digital Officer, Trane Technologies. “Demand continues to grow for solutions that reduce energy, emissions and operational costs. This premier lab is an important element in our strategy to remain at the forefront of digital and AI solutions that create positive impact for our customers and the world.”
The new BrainBox AI Lab serves as a hub for rigorous research, collaboration, and real-world testing to set new standards within the industry and beyond. This network of AI experts within Trane Technologies will continue to advance autonomous control systems, predictive models, and algorithms aimed at reducing emissions through smarter energy use. The BrainBox AI Lab will also focus on evolving fields of study, including agentic AI and the application of physics-informed neural networks, enabling total digital transformation for the built environment.
“AI is accelerating at a pace few could have imagined, unlocking extraordinary opportunities to solve some of humanity’s greatest challenges,” said Jean-Simon Venne, President at BrainBox AI and Head of the AI Lab. “Our responsibility is not just to innovate quickly, but to also ensure that it is being done wisely and sustainably. The BrainBox AI Lab will define what is next for AI within the industry.”
Leveraging a multidisciplinary team of technical experts including software engineers, data scientists, AI researchers, machine learning developers and AI engineers, this AI Lab will be guided by the following principles:
- Product Creation: Turning breakthrough ideas and discoveries into ready-to-use products and applications – moving past the concept phase and into real-world impact.
- Research & Development: Teaming up with world-class researchers and universities to push scientific discovery and shape the future of AI in energy management.
- Ethics & Guardrails: Embedding ethical and responsible AI principles and safeguards into how we design, develop, and deploy our solutions.
- Sustainability: Creating AI technologies that support energy optimization and reduction of global carbon emissions in support of Trane Technologies’ ambitious 2030 Sustainability Commitments.
Trane Technologies acquired BrainBox AI in January 2025 amid fast-growing demand for sustainable, autonomous building solutions, bringing industry-leading autonomous HVAC controls and generative AI building technologies to more customers. The companies previously teamed up for more than two years, combining BrainBox AI’s leading artificial intelligence technology with Trane Technologies’ advanced building management and digital capabilities.
For more information, visit Trane Technologies BrainBox AI Lab.
###
About Trane Technologies
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Visit tranetechnologies.com.
Forward-Looking Statements
This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our artificial intelligence product and service innovations, our sustainability initiatives, and the anticipated impact of these innovations and initiatives. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2024, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.
SWORDS, Ireland, August 12, 2025 /3BL/ – Trane Technologies (NYSE:TT), a global climate innovator, today announced the launch of the BrainBox AI Lab – igniting a new era in energy optimization for heating, ventilation, and air conditioning (HVAC) solutions in the built environment and refrigerated transport.
The Trane Technologies BrainBox AI Lab is dedicated to advancing technologies designed to support more intelligent, efficient, and sustainable building operations across the industry. With the infusion of AI through Trane Technologies’ products, solutions, and operations, the organization is poised to lead the market transition towards fully digitized building operations in alignment with its sustainability principles.
“Through the BrainBox AI Lab, we are bringing together world-class talent and industry-leading technology to shape the next generation of climate innovation,” said Riaz Raihan, Chief Digital Officer, Trane Technologies. “Demand continues to grow for solutions that reduce energy, emissions and operational costs. This premier lab is an important element in our strategy to remain at the forefront of digital and AI solutions that create positive impact for our customers and the world.”
The new BrainBox AI Lab serves as a hub for rigorous research, collaboration, and real-world testing to set new standards within the industry and beyond. This network of AI experts within Trane Technologies will continue to advance autonomous control systems, predictive models, and algorithms aimed at reducing emissions through smarter energy use. The BrainBox AI Lab will also focus on evolving fields of study, including agentic AI and the application of physics-informed neural networks, enabling total digital transformation for the built environment.
“AI is accelerating at a pace few could have imagined, unlocking extraordinary opportunities to solve some of humanity’s greatest challenges,” said Jean-Simon Venne, President at BrainBox AI and Head of the AI Lab. “Our responsibility is not just to innovate quickly, but to also ensure that it is being done wisely and sustainably. The BrainBox AI Lab will define what is next for AI within the industry.”
Leveraging a multidisciplinary team of technical experts including software engineers, data scientists, AI researchers, machine learning developers and AI engineers, this AI Lab will be guided by the following principles:
- Product Creation: Turning breakthrough ideas and discoveries into ready-to-use products and applications – moving past the concept phase and into real-world impact.
- Research & Development: Teaming up with world-class researchers and universities to push scientific discovery and shape the future of AI in energy management.
- Ethics & Guardrails: Embedding ethical and responsible AI principles and safeguards into how we design, develop, and deploy our solutions.
- Sustainability: Creating AI technologies that support energy optimization and reduction of global carbon emissions in support of Trane Technologies’ ambitious 2030 Sustainability Commitments.
Trane Technologies acquired BrainBox AI in January 2025 amid fast-growing demand for sustainable, autonomous building solutions, bringing industry-leading autonomous HVAC controls and generative AI building technologies to more customers. The companies previously teamed up for more than two years, combining BrainBox AI’s leading artificial intelligence technology with Trane Technologies’ advanced building management and digital capabilities.
For more information, visit Trane Technologies BrainBox AI Lab.
###
About Trane Technologies
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Visit tranetechnologies.com.
Forward-Looking Statements
This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our artificial intelligence product and service innovations, our sustainability initiatives, and the anticipated impact of these innovations and initiatives. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2024, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.
Like other technology breakthroughs, AI offers enormous opportunities to reimagine solutions to the world’s pressing challenges. However, to harness AI’s power and potential effectively, we must work together to ensure it is used ethically, responsibly, and inclusively.
As a natural extension of our work to help close the data divide, Splunk is partnering across sectors on using AI for good. We’re thrilled to count Fast Forward, an organization focused on scaling tech nonprofits, as a deeply valued partner in that work. For many years, we’ve shared a commitment to empowering tech nonprofits, with an increasing focus on the impactful, AI-powered nonprofits that make up the growing AI for Humanity movement.
Splunk is proud to support Fast Forward’s Accelerator and other key programs through grantmaking and skills-based volunteering, with Splunkers providing feedback and expertise to Accelerator portfolio organizations. Splunk’s strategic grantees include seven alums of Fast Forward’s Accelerator, yet another way we partner to help promising tech nonprofits scale. We are excited to highlight two of those outstanding organizations: Closegap and Ersilia.
“AI-powered nonprofits are proving that AI can serve as a force for good across health, climate, and education. With partners like Splunk, we can accelerate this movement—supporting tech-driven solutions designed with humanity at their core.”
—Kevin Barenblat, co-founder of Fast Forward
Using AI to Identify Crises and Facilitate Meaningful Connection
The youth mental health crisis has intensified over the past decade; yet with school counseling departments understaffed and overwhelmed, many young people slip through the cracks. Today, the average delay between the onset of mental health needs and intervention is 11 years.
Closegap is on a mission to improve the mental health of K-12 students by equipping schools with free, fun, and interactive mental health check-ins.
Students answer a series of questions about their emotions, energy level, and physical needs, and the responses are organized and delivered to staff to allow for real-time intervention. Those check-ins have uncovered issues from mild to serious; they have helped prevent suicides and uncover cases of self-harm, assault, and bullying. Closegap has served over 300,000 students in all 50 states, with over nine million check-ins.
AI is helping Closegap further increase its effectiveness and reach. Closegap is using deep learning methods that improve the triage and classification of student needs, helping staff respond to students faster. It’s also using large language models (LLMs) to provide crisis alerts and generate messages to students who wish to speak to an adult. Those enhancements mean school staff can reach more students, do it faster, and ensure students get the support they need when they need it.
Ultimately, Closegap seeks to not only help educators respond to students in crisis but also address underlying issues students face, like stress and arguments with peers and parents. By following up after check-ins, educators and students build strong relationships rooted in empathy and trust, which enhance mental well-being and healthier school communities.
Transforming Drug Discovery in Africa with AI/ML Technology
Africa faces a staggering burden of communicable diseases, exacerbated by limited healthcare infrastructure and an underfunded drug development ecosystem. Recognizing this challenge, Splunk social impact partner Ersilia, through its Open Source Initiative, is revolutionizing the fight against infectious diseases by equipping African scientists with cutting-edge AI/ML tools while fostering a sustainable health research ecosystem.
Leveraging Splunk’s technology, funding, and skilled employee expertise, Ersilia has made significant strides in improving drug discovery and empowering local researchers. Splunk’s support has been instrumental in enabling Ersilia to streamline data ingestion and analytics, saving over 700 hours of manual work annually. This partnership has led to a 10x improvement in antimalarial drug candidate discovery and facilitated the training of over 150 scientists, including through workshops like the “AI for Drug Discovery” event in Ghana.
Central to this collaboration is the Ersilia Model Hub, an open-source platform offering low-code access to pre-trained AI/ML models tailored for neglected and infectious disease research. Splunk’s contributions have enhanced the Hub’s monitoring and analytics capabilities, enabling Ersilia to track model usage and improve performance across its four-phase deployment plan—from internal monitoring to local deployment in low-resourced settings in the Global South.
Ersilia’s impact extends internationally, fostering partnerships across Africa, South America, and beyond, with organizations like the H3D Centre in Cape Town and the University of Buea in Cameroon. With Splunk’s support, Ersilia is advancing its mission to close the data divide, democratize access to AI technologies, and empower Africa-led scientific research to address global health inequities.
Working Together for a Human-Centered Future
Both nonprofits exemplify the extraordinary good that can result when cutting-edge AI enables innovation. Many social impact organizations are racing to leverage the transformative power of AI, but Fast Forward’s Kevin Barenblat reminds us that the type of tech-fueled success enjoyed by Closegap and Ersilia rarely happens in a vacuum.
“We’re seeing a surge in nonprofits using AI to tackle global issues,” he notes. “But building sustainable, impactful solutions takes support. By partnering with AI-driven nonprofits, more companies can be part of creating a human-centered future.”
To learn more, visit Fast Forward’s website to dive deeper into its Accelerator and other resources for nonprofits.
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VERO BEACH, Fla., Aug. 12, 2025 /PRNewswire/ — Watercrest Senior Living Group was recently awarded management of the senior living community formerly known as Juniper Village at Lincoln Heights located in San Antonio, Texas. As of August 1st, Watercrest Senior Living has stepped in to provide operational leadership of the community under new management and launched the rebrand of Sage Park San Antonio. This expansion broadens Watercrest Senior Living operations across the Southeast into Texas and includes the launch of two additional communities rebranded as Sage Park Austin and Sage Park Guadalupe.
Last week, Watercrest’s senior leadership team welcomed and engaged the associates, families and residents as they implemented Watercrest’s innovative care, training and service programs in conjunction with the launch of Sage Park San Antonio.
“We are thrilled to welcome the associates who have passionately served the residents of this community for many years,” says Marc Vorkapich, Principal and CEO of Watercrest Senior Living Group. “It is inspiring to bring teams together, cultivating new relationships and growth to serve the seniors of San Antonio with the highest levels of care.”
Founded by Marc Vorkapich, CEO, and Joan Williams, CFO, Watercrest Senior Living Group is unique in their growth mindset, modeling servant leadership and exceptional standards of customer service within every level of the organization. Watercrest associates champion a culture which nurtures relationships in the interest of acting as trusted advisors. By continuously investing in these servant hearts, Watercrest develops value-centered leaders who deliver personalized service.
Sage Park San Antonio offers assisted living, short term rehabilitation, and long-term skilled care with signature programming designed to achieve personal wellness and healthy aging. The Sage Park Wellness Department is focused on prevention, healing, and care specific to the unique needs of each resident, helping them to live life to their fullest. Residents will enjoy Watercrest’s signature Live Exhilarated programming, featuring a dynamic calendar of activities and outings, three Chef-prepared meals daily with restaurant style dining, and an Individualized Service Plan (ISP) tailored by care specialists for each resident’s personal needs.
The community is conveniently situated amid the Lincoln Heights and Alamo Heights areas of San Antonio at 855 E. Basse Road. Sage Park San Antonio is just minutes from The Quarry Market, San Antonio Country Club, The Quarry Golf Course and the McNay Art Museum. The community offers beautifully landscaped courtyards with walking paths, gazebo and gardens, a sunroom and atrium, library, beauty salon, bistro, and inviting gathering spaces to promote social interaction. To schedule a tour, contact the community at 210-890-2471 or visit Sage Park San Antonio.
About Watercrest Senior Living Group
Watercrest Senior Living Group was founded to honor our mothers and fathers, aspiring to become a beacon for quality in senior living by surpassing standards of care, service and associate training. Watercrest senior living communities are recognized for their luxury aesthetic, exceptional amenities, world-class care, and innovative memory care programming offering unparalleled service to seniors living with Alzheimer’s and dementia. An eight-time certified Great Place to Work, Watercrest specializes in the development and operations of assisted living and memory care communities and the growth of servant leaders. For information, visit www.watercrestseniorliving.com.
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SOURCE Watercrest Senior Living Group
Originally published in Principal Financial Group 2024 Sustainability Report
Integrating sustainable investing practices
Our global investment philosophy
We aim to provide clients with sustainable investment options that offer competitive, risk-adjusted returns and utilize a holistic view of factors influencing risk and return to help create added value for clients over time.
Our approach
Our sustainable investing beliefs are grounded in fostering relationships with investors and communities by offering products and solutions that align with their values.
Our philosophy includes:
- Consideration of environmental, social, and governance (ESG) integration
- Creating sustainable investment products
- Engagement and stewardship
- Responsible proxy voting
Sustainable investing oversight and collaboration
Principal Asset ManagementSM has multiple levels of oversight and collaboration for sustainable investing. Our Sustainable Investing Oversight Committee helps assure implementation of funds and strategies in accordance with the appropriate sustainability-related definitions. Our Sustainable Investment Council supports the sharing of best practices among investment professionals when they’re constructing and managing client portfolios. Finally, our Sustainable Investing Team helps ensure our investment professionals have the information and resources they need to create and maintain sustainable investment products and solutions for clients.
- $712.1B: Principal Financial Group, Inc. total assets under management (AUM) in billions as of December 31, 2024
- $559.1B: Principal Asset Management – Investment Management1 managed AUM in billions as of December 31, 2024
For purposes of our sustainability report, as of December 31, 2024, the assets under management for Principal Financial Group were $712.1 billion, of which $559.1 billion is managed by Principal Asset Management – Investment Management and $124.3 billion is managed by Principal Asset Management – International Pension.
Our actions and performance in 2024
Throughout 2024 we continued advancing our sustainable investing efforts:
- Provided access to sustainable investing training to all Principal employees to empower them to understand our sustainable investment capabilities to better serve clients and customers.
- Firm’s sustainable investing AUM2 increased to approximately 63%, with market appreciation and client demand as contributing factors.
- Introduced an enhanced Principal Asset Management sustainable investing website that provides an improved user experience and a wider array of resources to help investors understand the crucial elements of our sustainable investing capabilities across the globe.
- Launched six new sustainable investment products based on client demand.
What’s next
In 2025, the European Union’s Corporate Sustainability Reporting Directive (CSRD), climate regulations in California, and climate- related disclosures in Singapore all require insight into portfolio emissions. We are making progress on collecting and analyzing scope 3 emissions data. As the first CSRD reports are being published, we expect data coverage from underlying companies to continue to improve as a result.
To learn more, read the Principal Financial Group 2024 Sustainability Report.
Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Company®. Plan administrative services offered by Principal Life. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., member SIPC and/or independent broker/dealers. Referenced companies are members of the Principal Financial Group®, Des Moines, IA 50392.
1In the fourth quarter of 2024, we implemented changes to our Principal Asset Management segment to align the global operations by business function. Prior to the fourth quarter of 2024, our Principal Asset Management segment was organized into Principal Global Investors and Principal International. The Principal Asset Management segment, is now organized into Investment Management and International Pension. The change has been applied retrospectively, which did not have an impact on our consolidated financial statements. Principal Asset ManagementSM is the trade name of Principal Global Investors, LLC. See Important Information page 79 for AUM description.
2AUM representative of Principal Asset Management – Investment Management as of December 31, 2024. AUM that are sustainable investment products are internally classified by Principal Asset ManagementSM and not by any third party or regulatory body. Principal Asset ManagementSM is the trade name of Principal Global Investors, LLC. See Important Information page for AUM description.