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 us and international stock, hybrid, bond, and money market funds. At the end of August 2024, the firm had $1.612 trillion in managed assets, composed of equity (51%), balanced (34%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of 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 us-based asset manager, deriving less than 10% of its AUM from overseas.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Diversified Financials 119 out of 875
Universe
Global Universe 2865 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
T. Rowe Price Group, Inc. |
17.4
Low
|
119 out of 875 |
Ares Management Corp. |
18.6
Low
|
147 out of 875 |
State Street Corp. |
22
Medium
|
242 out of 875 |
Northern Trust Corp. |
24.9
Medium
|
339 out of 875 |
Brookfield Asset Management Ltd. |
25.8
Medium
|
367 out of 875 |
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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.
T. Rowe Price Group, Inc.'s Exposure is Medium
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.
T. Rowe Price Group, Inc.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for T. Rowe Price Group, Inc.
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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