Principal Financial Group Champions Cancer Research on World Cancer Day with V Foundation Partnership

Principal Financial Group Takes Action Against Cancer on World Cancer Day

On February 4, Principal Financial Group® hosts a significant educational event at its global headquarters in Des Moines, in partnership with the V Foundation for Cancer Research. This initiative aligns with World Cancer Day, underscoring the importance of cancer research and the direct impact it has on health and wellness. The event features keynote speeches from Shane Jacobson, CEO of the V Foundation, and Dr. Susanna Greer, its Chief Scientific Officer. They emphasize the urgent need for continued investment in cancer research, particularly given that cancer is the second-leading cause of death in the United States, with Iowa experiencing one of the highest cancer rates in the nation.

The V Foundation, founded by ESPN and the late basketball coach Jim Valvano, has committed nearly $400 million to cancer research grants across North America, championing its mission to achieve "Victory Over Cancer®." Jo Christine Miles, director of the Principal® Foundation, expresses the company's pride in supporting these efforts and raising awareness for ongoing cancer initiatives. The event not only serves as a platform for education but also highlights the critical intersection of corporate responsibility and health advocacy, exemplifying Principal’s commitment to community wellness.

In addition to the educational event, Principal announces the "Move to Make a Difference" challenge, aiming to engage employees in a physical fitness initiative that contributes to cancer research funding. Employees are encouraged to collectively log one million miles between January 13 and June 30, 2025. For every mile logged, Principal will donate $1 to the V Foundation, with a goal of raising $1 million for cancer research. Jacobson expresses enthusiasm about partnering with Principal to mobilize employee engagement for a cause that has profound implications for many families and communities. This initiative exemplifies Principal’s strategic focus on enhancing health and wellness, ultimately contributing to transformative advancements in cancer research.

In addition to its commitment to cancer research, Principal Financial Group continues to demonstrate its dedication to fostering a diverse and inclusive workforce. With nearly 20,000 employees and a history spanning 145 years, the company remains focused on enhancing wealth and well-being for both individuals and businesses. Principal has been recognized as one of the 2024 World’s Most Ethical Companies® and is a member of the Bloomberg Gender Equality Index, reinforcing its commitment to ethical practices and community support.