T. Rowe releases 2020 sustainability report

T. Rowe Price Group has published its 2020 Sustainability Report.

The company says the report highlights progress on its sustainability journey, its commitment to increasing transparency and accountability, and plans for developing new environmental targets.  It is available at troweprice.com/SustainabilityReport.

The report is anchored in two frameworks designed to provide a robust set of environmental, social, and governance (ESG) disclosures: The Sustainability Accounting Standards Board (SASB) and the Taskforce on Climate-Related Financial Disclosures (TCFD). This is the second year the firm is following SASB standards for the asset management and custody activities industry and the first it is incorporating TCFD recommendations.