T. Rowe Price’s CSR Report Shows Emissions and Waste Reductions

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T. Rowe Price’s CSR Report Shows Emissions and Waste Reductions

By Alyssa Danigelis
7,000 solar panels help power four buildings at T. Rowe Price’s Owings Mills, Maryland campus and reduced the firm’s carbon footprint by 3% in 2016 (Photo Credit: Pfister Energy)

7,000 solar panels help power four buildings at T. Rowe Price’s Owings Mills, Maryland campus and reduced the firm’s carbon footprint by 3% in 2016 (Photo Credit: Pfister Energy)

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Monday, March 19, 2018 - 11:30am

CAMPAIGN: Conducting Business Responsibly

CONTENT: Article

T. Rowe Price has published its 2016 – 2017 corporate social responsibility report. The Baltimore-based global investment management organization demonstrated reductions in greenhouse gas emissions per associate over a six-year period.

Between 2010 and 2016, the firm’s total GHG emissions went down 4% and were reduced by 31% per associate, according to the report. This occurred despite a 51% increase in the firm’s associate population.

In addition, T. Rowe Price’s Scope 1, 2, and 3 emissions per square foot went down by 6% over the six-year period. Emissions per revenue decreased by 46%.

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Keywords: Environment | Climate Action | Corporate Social Responsibility | T. Rowe Price | carbon footprint | environmental committment | environmental sustainability

CAMPAIGN: Conducting Business Responsibly

CONTENT: Article