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.
Our commitments
Maintain environmental certification for 60%+ of our global real estate.1
Achieve 50% reduction in Scope 1 and 2 emissions by 2030 compared with 20252
Achieve net zero Scope 1 and 2 emissions by 20503
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.
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.
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.
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.
2024 Sustainability Report
2023 Sustainability Report
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.
1 As measured by square feet.
2 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).
3 Targeting achievement by year-end 2050.
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