Climate change, diversity, and systemic inequality topped the ESG agenda in 2020
The coronavirus pandemic, escalating attacks on people of color, and rising activism against racism and income inequality heightened the focus on ESG issues by corporations, investors and other stakeholders in 2020
T. Rowe Price s third ESG Annual Report also finds that corporate leaders, once resistant to ESG trends, now see addressing them and providing adequate disclosure and transparency as essential to attracting and retaining top talent
The $1.5-trillion global asset manager sees need for improved and expanded environmental and social disclosure, regulation, and data integrity and is working with its investee companies, industry groups, global regulatory bodies, and other stakeholders to encourage further progress
Climate Change, Diversity, and Systemic Inequality Topped the ESG Agenda in 2020
Published 5 hours ago
Submitted by T. Rowe Price
The coronavirus pandemic, escalating attacks on people of color, and rising activism against racism and income inequality heightened the focus on ESG issues by corporations, investors and other stakeholders in 2020
T. Rowe Price’s third ESG Annual Report also finds that corporate leaders, once resistant to ESG trends, now see addressing them and providing adequate disclosure and transparency as essential to attracting and retaining top talent
The $1.5-trillion global asset manager sees need for improved and expanded environmental and social disclosure, regulation, and data integrity and is working with its investee companies, industry groups, global regulatory bodies, and other stakeholders to encourage further progress
News
T. Rowe Price (NASDAQ-GS: TROW) today launched its first product giving investors the opportunity to simultaneously pursue their financial goals and to have a positive impact on the global environment and social equity issues. The T. Rowe Price Global Impact Equity Fund recognizes the significant, secular changes afoot in financial markets as many investors seek to marry these goals and as corporations, investors and other stakeholders increasingly appreciate the link between societal good and financial performance.
The fund will employ an active management approach to seek companies that are on the right side of these changes. It will initially be offered to U.S. investors, but the firm intends eventually to introduce the strategy to clients around the world.