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.
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.
Industry Benchmark
T Rowe Price's score of 33 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
T Rowe Price's reported carbon emissions
In 2023, T. Rowe Price reported total carbon emissions of approximately 149,454,000 kg CO2e. This figure includes 681,000 kg CO2e from Scope 1 emissions, 18,649,000 kg CO2e from Scope 2 emissions, and a significant 130,124,000 kg CO2e from Scope 3 emissions. The company's total emissions for 2022 were about 34,976,000 kg CO2e, indicating a substantial increase in emissions year-on-year. T. Rowe Price has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. However, they have reported emissions across all three scopes, demonstrating a commitment to transparency in their climate impact. The absence of defined reduction targets suggests that while the company is aware of its emissions, it may not yet have formalised a strategy for significant reductions. Overall, T. Rowe Price's emissions data highlights the need for ongoing evaluation and potential action towards climate commitments, particularly in managing Scope 3 emissions, which constitute the majority of their carbon footprint.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| 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
Location emissions intensity
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 committed to some reduction initiatives 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.
