Corporate sustainability

Our commitments to reduce our environmental impact and foster opportunity for all are focused on making a measurable difference. Learn more about our efforts to embed sustainability into our business.

2024 Sustainability Report 2024 Sustainability Report Summary

Our commitments

Achieve environmental certification for 60% of our global real estate by 20251

Achieve 75% reduction in scope 1 and 2 emissions by 2030 compared with 20212

Achieve net zero scope 1 & 2 emissions by 20403

Climate reports

Task Force on Climate-Related Financial Disclosures (TCFD)

Our report aligns to the TCFD recommendations and reflects our current understanding of our risks and opportunities related to climate change.

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Investor Climate Action Plan (ICAP)

Our Investor Climate Action Plan (ICAP) builds on the progress we’ve made through our commitment to sustainability initiatives and programs spanning more than a decade.

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As we evolve to meet our clients’ needs in a rapidly changing market environment, our core values remain constant. They are embedded in the principles and practices that have served us well since 1937 and underpin everything we do, including our long-standing commitment to sustainability.
Robert W. Sharps, CFA Robert W. Sharps, CFA Chair of the Board, Chief Executive Officer and President
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Global standards

Our sustainability reporting practices are guided by SASB Standards for Asset Management and Custody Activities, as published by the IFRS Sustainability Alliance.

We believe that measuring, managing, and disclosing climate-related risks and opportunities is a business imperative and became supporters of the Task Force on Climate-Related Financial Disclosures in 2020.

Since 2021, T. Rowe Price Group, Inc., has been committed to the UN Global Compact corporate responsibility initiative and its principles in the areas of human rights, labor, the environment, and anti-corruption.

Previous reports

Review reports from past years.

2023 Sustainability Report

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2022 ESG Corporate Report

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Demonstrating our commitment

Used with permission. © 2023 Dow Jones & Company, Inc.

Continue exploring our sustainability approach

ESG investing

Identifying, analyzing, and integrating information about ESG risk and opportunities enhances our ability to make better investment decisions.

Learn More About ESG Investing

Journey to Net Zero

Find out what we are doing, both as a business and as a fiduciary of our clients’ assets.

View Our Net Zero Approach

As measured by square feet. Targeting achievement by year-end 2025.
Targeting achievement by year-end 2030. Scope 1 (direct emissions from owned or controlled sources) and scope 2 (indirect emissions from the generation of purchased electricity, steam, or cooling).
Targeting achievement by year-end 2040.

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