T. Rowe Price Group, Inc.
Industry Group: Diversified Financials
Country/Region: United States of America
Identifier: NAS:TROW
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of August 2023, the firm had $1.402 trillion in managed assets, composed of equity (52%), balanced (33%), fixed-income (12%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 9% of its AUM from overseas.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Diversified Financials 143 out of 879
Universe
Global Universe 3650 out of 15622
What are the ESG Risk Ratings?
Notice: The information is provided as is, for informational, non-commercial purposes only, does not constitute investment advice and is subject to conditions available in our Legal Disclaimer. Usage of this information is not permitted in any way, unless otherwise agreed in writing. By way of exception, usage of this information is permitted to the rated subject, limited to a single reference to the score on the rated subject’s sustainability webpage or CSR report, mentioning Sustainalytics as a source.
Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| 3i Group Plc |
11.1
Low
|
23 out of 879 |
| EQT AB |
16.9
Low
|
100 out of 879 |
| T. Rowe Price Group, Inc. |
18.9
Low
|
143 out of 879 |
| Partners Group Holding AG |
19.2
Low
|
156 out of 879 |
| Ameriprise Financial, Inc. |
20.3
Medium
|
183 out of 879 |
For corporate professionals interested in direct competitor insights
Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for T. Rowe Price Group, Inc.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted T. Rowe Price Group, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
