Public Profile

T Rowe Price

T. Rowe Price Group, Inc., commonly known as T. Rowe Price, is a prominent investment management firm headquartered in the United States. Founded in 1937, the company has established itself as a leader in the financial services industry, specialising in mutual funds, retirement plans, and investment advisory services. With a strong presence in major operational regions including North America, Europe, and Asia, T. Rowe Price is renowned for its disciplined investment approach and commitment to long-term performance. The firm offers a diverse range of core products, including equity, fixed income, and multi-asset strategies, distinguished by its rigorous research and risk management processes. T. Rowe Price has consistently achieved notable milestones, such as being recognised for its innovative investment solutions and strong client service, solidifying its position as a trusted partner for investors worldwide.

DitchCarbon Score

How does T Rowe Price's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

44

Industry Average

Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

30

Industry Benchmark

T Rowe Price's score of 44 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

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T Rowe Price's reported carbon emissions

In 2023, T. Rowe Price reported total carbon emissions of approximately 149,454,000 kg CO2e, comprising 681,000 kg CO2e from Scope 1 emissions, 18,649,000 kg CO2e from Scope 2 emissions, and 130,124,000 kg CO2e from Scope 3 emissions. The total emissions for 2022 were about 34,976,000 kg CO2e, indicating a significant increase in emissions year-on-year. T. Rowe Price has set ambitious climate commitments, aiming to reduce Scope 1 and 2 emissions by 75% by the end of 2030, using 2021 as the baseline year. Additionally, the firm has established a long-term net zero target for Scope 1 and 2 emissions by 2040, alongside the launch of its first Net Zero Transition strategy. These initiatives reflect T. Rowe Price's commitment to addressing climate change and reducing its carbon footprint in alignment with industry standards.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201520162017201820192020202120222023
Scope 1
928,000
0,000,000
0,000,000
0,000,000
0,000,000
000,000
000,000
000,000
000,000
Scope 2
36,650,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
5,941,000
0,000,000
0,000,000
0,000,000
00,000,000
0,000,000
0,000,000
00,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. T Rowe Price's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for T Rowe Price is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

T Rowe Price is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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