Back/Principal Financial Group Champions Cancer Research on World Cancer Day with Community Initiatives
cancer·January 16, 2025·pfg

Principal Financial Group Champions Cancer Research on World Cancer Day with Community Initiatives

ED
Editorial
Cashu Finance·2 min read
TL;DR
  • Principal Financial Group hosts an educational event with the V Foundation to raise cancer research awareness on World Cancer Day.
  • The company launches the "Move to Make a Difference" challenge, aiming to raise $1 million for cancer research.
  • Principal Financial Group is recognized for its commitment to ethical practices and community support, emphasizing employee well-being.

Principal Financial Group Takes a Stand Against Cancer on World Cancer Day

On February 4, Principal Financial Group® hosts an educational event at its global headquarters in Des Moines, Iowa, in collaboration with the V Foundation for Cancer Research. This initiative aligns with World Cancer Day, emphasizing the crucial role of cancer research in public health. The event features keynote speeches from Shane Jacobson, CEO of the V Foundation, and Dr. Susanna Greer, the organization's Chief Scientific Officer. They address the alarming cancer statistics in Iowa, where the state ranks second in cancer rates and experiences the fastest-growing number of new cases, according to the 2024 Iowa Cancer Registry.

The V Foundation, founded by ESPN and basketball coach Jim Valvano, has invested nearly $400 million in cancer research grants across North America, advocating for its mission to achieve "Victory Over Cancer®." Jo Christine Miles, director of the Principal® Foundation, underscores the company’s pride in partnering with the V Foundation to raise awareness about cancer research. This collaboration is not just a financial commitment but a strategic initiative to mobilize collective action and foster community well-being through enhanced health outcomes.

In addition to the educational event, Principal announces the "Move to Make a Difference" challenge, aiming to engage employees in a unique fundraising effort. The challenge encourages employees to collectively log one million miles between January 13 and June 30, 2025, with Principal matching each mile logged with a $1 donation to the V Foundation, ultimately targeting a fundraising goal of $1 million for cancer research. Jacobson expresses enthusiasm about partnering with Principal to boost employee engagement in funding transformative cancer research, demonstrating Principal's commitment to addressing critical health issues while enhancing community support.

In conjunction with these initiatives, Principal Financial Group emphasizes its long-standing dedication to community support and employee well-being. The company has earned recognition as one of the 2024 World’s Most Ethical Companies® by Ethisphere and is a member of the Bloomberg Gender Equality Index. These accolades reflect Principal's commitment to fostering a diverse and inclusive workforce while supporting vital health initiatives.

With nearly 20,000 employees and over 145 years of experience, Principal Financial Group remains focused on enhancing wealth and well-being for individuals and businesses across North America. The company's proactive stance on cancer research and community involvement highlights its role as a socially responsible leader in the financial services industry.