T. Rowe Price has released its 2017 Corporate Social Responsibility (CSR) Update, which is available at troweprice.com/CSRreport. The firm publishes a full CSR Report bi-annually, and the 2017 Update offers new data to complement and update information previously reported in the 2016 – 2017 CSR Report.
Highlights from the 2017 Update include:
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Achieved a perfect 100 score on the Corporate Equality Index published by the Human Rights Campaign.
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27% of the firm’s U.S. workforce are minorities and 44% of its global workforce are women.
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Associates volunteered 43,000 hours in the community in 2017.
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$22.4 million in total firm giving to charitable causes in 2017.
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4.3 million people were reached through the firm’s financial education program, Money Confident Kids, in 2017.
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Reduced greenhouse gas emissions by -14.6% between 2010 and 2017. While the firm’s associate population grew by 57.5% during that timeframe, it reduced greenhouse gas emissions per associate by 45.8%.
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Renee Christoff, head of Corporate Responsibility T. Rowe Price
“We are pleased to share our progress and how the firm is having a positive impact. Corporate Responsibility isn’t just a nice-to-do at T. Rowe Price—it is an integral part of how we operate as a global investment manager. Our client first philosophy attracts people who have a desire to serve others and that translates into how we invest for clients, our associates, and our communities.”
ABOUT T. ROWE PRICE
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) is a global investment management organization with $1.044 trillion in assets under management as of June 30, 2018. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price’s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research. For more information, visit troweprice.com or our Twitter, YouTube, LinkedIn, Instagram, and Facebook sites.
