DES MOINES, Iowa, November 21, 2024 /CSRwire/ - The Principal^® Charity Classic released its 2024 Sustainability Report, showcasing its continued commitment to integrating sustainability into every facet of the tournament. This year’s report highlights significant progress in environmental stewardship, community engagement, and the expansion of strategic partnerships to support sustainable practices across Central Iowa.

Key Achievements in 2024: 

• Waste Diversion and Reduction: The tournament achieved a 23.7% waste diversion rate, up from 13.9% in 2023, with a goal of reaching 40% by 2025. Key initiatives included working with Iowa Waste Exchange, Metro Waste Authority, SEI Investments Company, and St. Vincent de Paul to recycle, repurpose, and compost materials.
• Energy and Emissions Reduction: Through its work with MidAmerican Energy, the event supplied 88.5% clean energy to the Wakonda Club and retired Renewable Energy Certificates (RECs) to further reduce its carbon footprint. The Principal Charity Classic is on track to become a carbon-neutral event by 2035.
• Community Engagement: Pedal to the PCC encouraged spectators to bike to the event, contributing to emissions reductions and promoting sustainable transportation. The tournament also donated over 4,400 pounds of food to local communities through a partnership with Supply Hive.
• Sustainability Grove: For the first time, the tournament hosted Sustainability Grove, where attendees engaged with local sustainability organizations and initiatives, further educating the public on environmental responsibility.
• Growing Relationships: In 2024, the Tournament doubled its number of sustainability partners. Key strategic partners such as MidAmerican Energy, Salesforce, and GreenState Credit Union played a pivotal role in enhancing waste diversion efforts, while new collaborations with organizations like Des Moines Water Works and Trees Forever supported clean energy, water conservation, and reforestation.

“At the Principal Charity Classic, we are dedicated to raising funds to support Iowa youth while also leading the charge in sustainability,” said Alex McCarty Principal Charity Classic Tournament Director. “With the ongoing support of Principal^® and our new and legacy partners, we are setting the standard for environmentally responsible event management.”

The Principal Charity Classic continues to align its efforts with the United Nations Sustainable Development Goals, reinforcing its role as a leader in event sustainability on the PGA TOUR Champions.

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About the Principal Charity Classic 
The Principal Charity Classic is an annual and award-winning PGA TOUR Champions event, hosted in Des Moines, Iowa, dedicated to helping Iowa youth succeed. Tournament funds benefit organizations that provide a broad level of support to Iowa youth in the areas of education and culture, financial security and stability, and health and wellness. For more information, visit principalcharityclassic.com, or connect with the tournament on social media: Facebook facebook.com/principalcharityclassic, Twitter @PCCTourney, and Instagram @principalcharityclassic.

Golf Charitable Foundation of Greater Des Moines, operating as Principal Charity Classic, is a duly recognized 501(c)(3) organization focused on providing philanthropic support to youth serving programs across the State of Iowa. While Principal Charity Classic receives funding from Principal Financial Group® and Principal® Foundation, Principal Charity Classic is a distinct, independent, charitable entity.

About Principal Financial Group^®    

Principal Financial Group^® (Nasdaq: PFG) is a global financial company with 20,000 employees¹ passionate about improving the wealth and well-being of people and businesses. In business for 145 years, we’re helping more than 64 million customers¹ plan, protect, invest, and retire, while working to support the communities where we do business, and build a diverse, inclusive workforce. Principal^® is proud to be recognized as one of the 2024 World’s Most Ethical Companies², a member of the Bloomberg Gender Equality Index, and named as a “Best Places to Work in Money Management³.” Learn more about Principal and our commitment to sustainability, inclusion, and purpose at principal.com.  

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. Principal Global Investors leads global asset management. Referenced companies are members of the Principal Financial Group^®, Des Moines, Iowa 50392.

3980445-102024

¹ As of June 30, 2024   
² Ethisphere, 2024    
³ Pensions & Investments, 2023  

Media Contact: 
Karena Ries, karena@principalcharityclassic.com, 641- 745-7853 
Megan Grandgeorge, grandgeorge.megan@principal.com, 515-878-1146

Principal Financial Group, Inc.

Principal Financial Group, Inc.

About Principal Financial Group®
Principal Financial Group® (Nasdaq: PFG) is a global financial company with nearly 19,000 employees¹ passionate about improving the wealth and well-being of people and businesses. In business for 145 years, we’re helping approximately 68 million customers1 plan, protect, invest, and retire, while working to support the communities where we do business, and build a diverse, inclusive workforce. Principal® is proud to be recognized as one of the 2024 World’s Most Ethical Companies², a member of the Bloomberg Gender Equality Index, and named as a “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, 2024
² Ethisphere, 2024
³ Pensions & Investments, 2023

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