T Rowe Price

T. Rowe Price, a US-headquartered company in the Services auxiliary to financial intermediation industry, reported its most recent carbon emissions for 2024. The company's Scope 1 emissions were approximately 1,845,000 kg CO2e, and its Scope 2 market-based emissions were about 17,219,000 kg CO2e. For Scope 3, their purchased goods and services accounted for roughly 113,323,000 kg CO2e.

Looking back, in 2023, T. Rowe Price's Scope 1 emissions were approximately 681,000 kg CO2e, and their Scope 2 location-based emissions were about 18,340,000 kg CO2e. In 2022, Scope 1 emissions were around 941,000 kg CO2e, with Scope 2 location-based emissions at approximately 19,210,000 kg CO2e. In 2021, Scope 1 emissions were about 877,000 kg CO2e, and Scope 2 location-based emissions were roughly 18,887,000 kg CO2e.

T. Rowe Price has committed to significant emissions reductions. The company has pledged to cut its Scope 1 and 2 emissions by 75% by the end of 2030, using a 2021 baseline. They also have an earlier commitment to reduce carbon emissions by 50-52% below 2005 levels by 2030 for both Scope 1 and Scope 2. Furthermore, T. Rowe Price has established a long-term net-zero target for 2040, encompassing all scopes of GHG emissions. This commitment includes their Scope 1 and 2 GHG emissions, and there is also a 2040 net-zero target specifically for Scope 3 emissions.