Impact Investing
Invest in companies which make an impact
We believe we can generate both compelling investment returns and social and environmental impacts for our investors.
Invest in societal and environmental change
Why should we consider impact investing? We are living in a time of environmental and societal change that is defining a generation. Therefore it is increasingly important to ensure our investments are aligned to changing expectations around sustainability and fairness.
More and more investors are clearly inclined towards sustainability; but impact investing goes further. It aims to identify companies on the right side of change with the potential to deliver environmental and social impact, as well as positive financial return.
As impact investors, we believe we have a unique opportunity to play a key role in helping deliver positive outcomes that the world is increasingly seeking — partnering with clients, investors, and business interests in the process.
- Why T. Rowe Price?
- Global Impact Equity
- Impact Equity Case Studies
- Global Impact Credit
- Impact Credit Case Studies
- Latest Insights
Why T. Rowe Price for impact investing?
Investing in Sustainable Solutions
- We align our investments with one or more of the UN Sustainable Development Goals, aiming to direct capital toward specific impact outcomes.
- We integrate ESG factors into our investment analysis and base each investment decision on a material and measurable positive impact thesis under one of the three proprietary pillars: Climate and Resource Impact, Social Equity and Quality of Life, Sustainable Innovation and Productivity.
Forward-looking and Resilient
- We apply a forward-looking mindset and a perspective on change, in order to seek positive social and environmental impact and potential financial returns for our clients.
- We identify inefficiencies embedded in markets by combining our active and high conviction approach, with our traditional and responsible investment research capability.
Active Engagement
- We commit to using our scale and resources to promote and progress the impact agenda via active ownership and impact-oriented company engagement.
- We adopt an outcome-oriented approach to active ownership and report on progress regularly.
Watch the video to find out how we view impact investing as a way to drive environmental and societal change
We are living in a time of environmental and societal change that is defining a generation. And it is increasingly important to consider changing expectations around sustainability and fairness for us as individuals, for the world, for our generation, and for generations to come.
When considering how we can best play our part and contribute to this new agenda, there is one area of our lives where our decisions may have a truly significant effect: our investments. Why?
Because the companies we invest in are vital or driving environmental and social change. As investors, we have the responsibility to understand the sustainability of our investments.
The opportunity to invest in businesses that create a positive environmental impact has never been broader, with more and more investors clearly inclined towards sustainability, positive impact, and identifying companies that are on the side of secular change that aligns with our impact goals. But navigating market complexity is essential for good outcomes, and it is important to choose the right partner and the appropriate investment vehicles.
T. Rowe Price is a global asset manager committed to strategic investing. We don't stop at surface-level analysis. We go beyond the numbers. We believe the strategic investing approach is essential to maximize the potential of sustainable investing.
We have taken time to build experience and expertise in environmental, social, and governance issues. We think that societal and environmental change creates real opportunity to select stocks that we believe can deliver a positive impact and the potential for superior outcomes.
Responding to the accelerating demand for sustainability, we have extended our sustainable investment capabilities to create a range of impact strategies. We look for positive impact while embracing change on a global scale.
With deep global research and established expertise across our equity and fixed income capabilities, we have a desire to be part of a sustainable global solution.
Our impact strategies are aligned to the UN Sustainable Development Goals. We employ active fundamental research, specialist ESG resources, and a dynamic global approach to analyze a business's social and environmental impact. Alongside its future return potential over a long-term horizon.
We aim to partner with our clients to invest in companies that want to create sustainable, positive and measurable impact without compromising returns. Another example of our commitment to sustainable investing.
Spotlight on Global Impact Equity
Our Global Impact Equity Strategy has a dual mandate that aims to deliver both long-term capital appreciation and seeking to have positive environmental or social impact.
Hear our Portfolio Manager
Introducing the 2024 Global Impact Equity Strategy Annual Impact Report
Hear our Lead Portfolio Analyst
Impact Investing: Looking Ahead
Fund documents
Read our Global Impact Equity Statement
Read our 2024 Annual Impact Report
T. Rowe Price Strategy Focus on Global Impact Equity
T. Rowe Price Global Impact Equity Fund
I Class
Dual mandate portfolio which seeks both long-term capital growth as well as seeking to have a positive impact on the environment and society by investing in companies whose current or future business activities are expected to generate a positive impact under one of the following two impact pillars (“Impact Pillars”):
- Climate and resource impact; and
- Social equity and quality of life.
| Inception Date | 29 March 2021 |
| Base Currency | AUD |
| Management Fees & Costs* | 0.85% p.a. |
| APIR Code | ETL6342AU |
| Benchmark | MSCI All Country World ex Australia Index (net of withholding tax) |
*The Management Fee for the T. Rowe Price Global Impact Equity Fund - I Class is 0.85% p.a. and the Indirect Cost is 0.00% p.a. Full details of other fees and charges are available within the Fund's Product Disclosure Statement and Reference Guide.
Fund literature
Past performance is not a guarantee or a reliable indicator of future performance.
View Important Research House Rating Information
Impact Equity Case Studies
Badger Meter
Hari Balkrishna, Portfolio Manager, Global Impact Equity discusses Badger Meter from the Impact Sub-pillar Promoting Healthy Ecosystems.
Trane Technologies
Hari Balkrishna, Portfolio Manager, Global Impact Equity discusses Trane Technologies from the Impact Sub-pillar Reducing Greenhouse Gases.
Nu Holdings
Hari Balkrishna, Portfolio Manager, Global Impact Equity discusses Nu Holdings from the Impact Sub-pillar Enabling Social Equity.
Spotlight on Global Impact Credit
Our Global Impact Credit Strategy aims to invest in companies that create positive and measurable impact whilst also seeking outperformance.
Hear our Portfolio Manager
Matt Lawton talks about three years of Global Impact Credit and capturing impact in a volatile environment
Introducing the 2024 Global Impact Credit Strategy Annual Impact Report
Impact Statement
T. Rowe Price Global Impact Credit Strategy
T. Rowe Price Global Impact Credit Strategy
Annual Report
Global Impact Credit Strategy Annual Report
Our impact annual report articulates the decisions we have taken in the context of our core investment principles. Specifically, it aims to share with you the impact that those decisions have made on our environment and society.
Article
Impact Investing in Credit: Debunking Four Common Misconceptions
We attempt to debunk four popular myths about impact investing, as well as showing how T. Rowe Price’s Global Impact Credit Strategy addresses them.
Q&A
Meet the Manager
Q&A with Matt Lawton, Portfolio Manager on his professional and personal motivations in managing an impact credit strategy.
Impact Credit Case Studies
The World Bank Amazon Reforestation-Linked Outcome Bond
A discussion with Ellen O’Doherty, Analyst, Impact Credit on a pioneering outcomes-based transaction.
Wildlife Conservation Bond – the “Rhino Bond”
Matt Lawton, Portfolio Manager, Global Impact Credit discusses Wildlife Conservation Bond – the “Rhino Bond” from the Impact Sub-pillar Promoting Healthy Ecosystems.
CaixaBank
Matt Lawton, Portfolio Manager, Global Impact Credit discusses CaixaBank from the Impact Sub-pillar Enabling Social Equity.
Rady Children's Hospital
Matt Lawton, Portfolio Manager, Global Impact Credit Discusses Rady Children's Hospital from the Impact Sub-pillar Improving Health.
NXP Semiconductors
Matt Lawton, Portfolio Manager, Global Impact Credit discusses NXP Semiconductors from the Impact Sub-pillar Sustainable Technology.
Latest insights
General Portfolio Risks
Conflicts of Interest risk – The investment manager's obligations to a portfolio may potentially conflict with its obligations to other investment portfolios it manages. Counterparty risk – Counterparty risk may materialise if an entity with which the portfolio does business becomes unwilling or unable to meet its obligations to the portfolio. Custody risk – In the event that the depositary and/or custodian becomes insolvent or otherwise fails, there may be a risk of loss or delay in return of certain portfolio's assets. Cybersecurity risk – The portfolio may be subject to operational and information security risks resulting from breaches in cybersecurity of the digital information systems of the portfolio or its third-party service providers. ESG risk – ESG integration as well as events may result in a material negative impact on the value of an investment and performance of the portfolio. Investment portfolio risk – Investing in portfolios involves certain risks an investor would not face if investing in markets directly. Inflation risk – Inflation may erode the value of the portfolio and its investments in real terms. Market risk – Market risk may subject the portfolio to experience losses caused by unexpected changes in a wide variety of factors. Market Liquidity risk – In extreme market conditions it may be difficult to sell the portfolio's securities and it may not be possible to redeem at short notice. Operational risk – Operational risk may cause losses as a result of incidents caused by people, systems, and/or processes. Sustainability risk – Portfolios that seek to promote environmental and/or social characteristics may not or only partially succeed in doing so.
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