Impact Beyond the Obvious

Global Impact Equity Strategy

Our strategy has a dual mandate that aims to deliver both benchmark outperformance and positive environmental or social impact.

In 2020, T. Rowe Price committed to launching its first impact investment strategy. This followed several years of investment to build the firm’s capabilities in responsible investing and to meet our clients’ rapidly evolving needs with respect to integrating environmental, social, and governance (ESG) factors. ​

The Global Impact Equity Strategy was born through our desire to contribute in a positive way to the challenges our planet and society face today—challenges that require commitment and action. We believe impact investing is the most direct way we can influence and address these challenges—via conscious action, engagement, and skilled execution.​

Hear Our Portfolio Manager

Hari Balkrishna talks about impact investing and what it means to him. 


Hari Balkrishna, Portfolio Manager, looks back on the first year of managing an impact portfolio.


Impact Investing in an Era of Change

Hari Balkrishna shares his thoughts on decisions he makes in the context of our core investment principles.


Meet the Manager

Q&A with Hari Balkrishna on our approach to impact investing, and the opportunities and challenges that lie in this increasingly popular asset class.

Global Impact Equity Strategy Annual Report

Our inaugural 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​.

In the report we estimate some short-term outcomes, as well as long-term impact delivered by a sample of companies we invest in. We demonstrate how we seek to deliver impact in more ways than simply owning companies whose business activities lead to positive social and environmental outcome.

Find out more about our Global Impact Equity inaugural impact annual report.

Case Studies

Climate and Resource Impact 


Social Equity & Quality of Life


Sustainable Innovation & Productivity


Latest Insights 


What Makes an “Impact” Investment Manager?

What Makes an “Impact” Investment Manager?

What Makes an “Impact” Investment Manager?

Understanding the required foundation to build, manage, and measure an impact portfolio.

By Harishankar Balkrishna

Harishankar Balkrishna Portfolio Manager


Meet Hari Balkrishna

Meet Hari Balkrishna

Meet Hari Balkrishna

Portfolio Manager, Global Impact Equity Strategy

By Harishankar Balkrishna

Harishankar Balkrishna Portfolio Manager

How We View Impact Investing

We believe we can generate both compelling investment returns and social and environmental impacts for our investors.

Our Thinking on ESG 

Learn more about our approach to ESG investing and explore our insights.