T. Rowe Price Environmental, Social and Governance Investment Policy Statement
At T. Rowe Price, fundamental analysis is the foundation of our investment decisions. Through our bottom-up approach, we endeavour to understand the long-term sustainability of a company’s business model, and the factors that could cause it to change.
We believe that environmental, social and governance (ESG) issues can influence investment risk and return and, therefore, incorporate ESG risk considerations into our fundamental investment analysis. Accordingly, T. Rowe Price is a signatory of the Principles for Responsible Investment (UN PRI)1. We support the PRI framework as an effective means to encourage better dialogue among investors and improve disclosure from companies globally. Our ESG analysis serves to complement our ultimate objective of delivering superior long-term investment returns to clients.
How do we integrate ESG issues?
1 Launched in 2006, the UN Principles for Responsible Investment (UN PRI) are a set of voluntary best-practice standards that asset owners and asset managers pledge to uphold in order to incorporate environmental, social and governance (ESG) issues into their investment processes. We are also members of the Carbon Disclosure Project and compliant with the UK Financial Reporting Council’s Stewardship Code.