Money was a topic that my dad made sure we talked about when I was a child. I learned a lot from him, and while he is no long here, I believe a lot of my good money habits came from him.
However, not everyone gets talked to about money.
According to T. Rowe Price's Parents, Kids & Money survey, they found that amount parents of 8-14 year olds:
T. Rowe Price sponsored a Money Confident Kids essay contest with Scholastic, in which kids grades five through eight were challenged to interview a parent or guardian. While the contest was open from August 17 through October 12, 2015, each student wrote a 200-250 word essay about a time their parent or guardian set and achieved a financial goal, connecting that story to financial concepts learned in class like saving and spending wisely.
T. Rowe Price completed a solar energy project on its Owings Mills, Maryland, campus, installing 7,000 solar panels above four garages. The installation will:
produce approximately 2.2 million kilowatt hours of electricity a year
supply 15% of the energy to the adjacent buildings and the 1,200 associates working within them
reduce the firm’s global carbon footprint by an estimated 4% in the first year, equivalent to removing more than 300 passenger vehicles from the road for a year.
T. Rowe Price has a longstanding—and growing— commitment to corporate social responsibility (CSR). As an investment management firm, we understand how results speak louder than words. That is why we place great emphasis on integrating our CSR efforts throughout our U.S. and global operations. And we are pleased to share our progress with you. To read the full report visit, TRowePrice.com/responsibility.
Holiday shopping can be a weak spot for even the most money savvy among us. When it comes to giving to others it’s tempting to go overboard and bust our budgets to make the holidays special. We want to give our families the best of everything, but at the end of the day we know that’s not a good long-term strategy. Not only does it put us in the position of being more financially insecure, but it also teaches our kids the exact wrong lesson about money.
Playground gives kids a place to play and an opportunity to be kids
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More than 200 volunteers, including T. Rowe Price associates, built a new playground at Gilmor Elementary School in West Baltimore.
The Gilmor project was one of three playgrounds raised in Baltimore, MD during the month of October as part of Play More B'More, an initiative spearheaded by KaBOOM!, a national nonprofit dedicated to giving all kids the childhood they deserve filled with play.
T. Rowe Price received a score of 95 on the Human Rights Campaign Foundation’s 2016 Corporate Equality Index (CEI), a national benchmarking tool on corporate policies and practices related to lesbian, gay, bisexual, and transgender (LGBT) employees.
The index scores companies in five categories: nondiscrimination policies, employee benefits, organizational competency and accountability around LGBT diversity and inclusion, positive engagement with the external LGBT community, and responsible citizenship. The 2016 CEI rated a total of 1,027 businesses in the report.
Each year, T. Rowe Price’s EDGE (Experience, Discover, Grow, Evolve) program places participants in thought-provoking business simulations, leadership skill building activities, and networking opportunities that help develop critical leadership competencies. These select and diverse associates implement a project that has a charitable and environmental focus.
The firm cuts landfill waste by 49%, expands recycling by 79%, and reduced greenhouse gas emissions by 3%
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T. Rowe Price’s 2014 Corporate Social Responsibility Report describes the firm’s progress on its commitment to reduce environmental impact. Between 2010 and 2014, the firm cut landfill waste by 49%, expanded recycling by 79%, and reduced greenhouse gas emissions by 3%, all while the associate population grew 30%.
Nearly a third of the firm’s real estate is now sustainably certified
