Since our formation in 1937, we have had one purpose: To meet our clients’ individual needs, helping them achieve their long-term financial goals. We aim to deliver global investment management excellence that you can rely on for the long term. As a global investment manager with AUD $2,164.2bn in assets under management (at 30 June 2021), we focus on actively listening and anticipating the types of strategies that respond to our clients’ needs. With clients in 49 countries, we offer a broad range of strategies all powered by one of the largest and most experienced global research platforms in the industry, which helps uncover the most attractive investments worldwide.
At T. Rowe Price, our central mission is to help our clients reach their long-term financial goals. Consistent with that objective, we have an obligation to understand the long-term sustainability of the companies in which we invest – which is why Environmental, Social and Governance (ESG) factors are a key consideration in our investment approach. Defining ESG at T. Rowe Price It is important to set out what we mean by ‘ESG’ and how we approach it, as the umbrella term has given rise to a myriad of interpretations in the asset management industry. As a signatory of the United Nations-supported Principles for Responsible Investment (PRI) since 2010, we subscribe to the association’s definition of responsible investment as the “strategy and practice to incorporate environmental, social and governance (ESG) factors in investment decisions and active ownership.” The PRI sets out three primary approaches in which ESG issues can be incorporated into investments; integration, screening and thematic. At T. Rowe Price, we also believe that there are three styles of ESG investing:
- ESG Integration
- SRI Strategies
- Impact Strategies
These are the products from this organisation that have been certified by the Responsible Investment Association Australasia (RIAA)