T. Rowe Price's Sustainable Efforts Help London Office Receive a Gold Award for Its Contribution to Keep the City Clean

Jun 16, 2015 3:30 PM ET

The Clean City Awards Scheme recently recognized the firm’s London office building, at 60 Queen Victoria Street, with a gold award and special commendation for its outstanding sustainability efforts.

In 1994, the City of London established the Clean City Awards Scheme as a way to recognize businesses with exceptional waste management and sustainability practices. The initiative is meant to develop partnerships with city businesses to raise the profile of responsible waste management while encouraging office buildings to reduce, reuse, and recycle.

T. Rowe Price moved into the building in March 2001, and in 2010, the firm expanded the office to support growth. Shortly after this expansion, the firm started a refurbishment project to update and maximize the office’s space. The renovation incorporated sustainable strategies such as:

  • Updating energy and water systems to be more efficient,
  • Using materials high in recyclable content,
  • Using paints and materials low in volatile organic compounds,
  • Maximizing access to daylight, and
  • Enhancing the office recycling program.

Additionally, T. Rowe Price worked closely with the building manager to ensure that all of the office’s waste was processed through an incinerator and converted into energy rather than dumped into a landfill.  

Following the project’s completion in 2014, the building also achieved a Building Research Establishment Environmental Assessment Methodology (BREEAM) certification for developing a healthy, safe, and sustainable work environment.