T. Rowe Price Equity Index 500 Fund
Shareclass
T. Rowe Price Equity Index 500 (PREIX)
Type
Open-end mutual fund
Manager
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments
How we track deforestation-risk investments
C
14%
INVESTED IN DEFORESTATION-RISK COMPANIES
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
48
holdings flagged
14%
of assets flagged
This fund contains
$4.72 BILLION invested
in holdings flagged for deforestation riskT. Rowe Price has huge investments in companies like Sysco, Tyson, Hormel and Sumitomo Rubber that grow, trade or use palm oil, cattle, rubber and soy in their products but have failed to eliminate deforestation from their operations. This means T. Rowe Price has a key role to play in voting for No Deforestation policies at these companies and engaging with company management to make sure these policies are implemented. In order to do that, T. Rowe Price needs to get its own house in order. Tell T. Rowe Price to adopt a No Deforestation Policy!
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Commodity producers
5 holdings
0.17% of assets
$58.8 MILLION invested
Banks and lenders
4 holdings
2.29% of assets
$771.77 MILLION invested
Major consumer brands
43 holdings
12% of assets
$3.94 BILLION invested
Commodity producers
5 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
5 HOLDINGS
- % of portfolio$ invested
- 1. Archer-Daniels Midland Co
0.06%0.06% of portfolio$19.59M$19.59M invested - 2. International Paper Co
0.03%0.03% of portfolio$11.7M$11.7M invested - 3. Tyson Foods Inc Class A
0.03%0.03% of portfolio$11.67M$11.67M invested - 4. Bunge Global SA0.03%0.03% of portfolio$9.41M$9.41M invested
- 5. Hormel Foods Corp0.02%0.02% of portfolio$6.43M$6.43M invested
Banks and lenders
4 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
4 HOLDINGS
Major consumer brands
43 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
43 HOLDINGS
- % of portfolio$ invested
- 1. Amazon.com Inc
3.56%3.56% of portfolio$1.2B$1.2B invested - 2. Procter & Gamble Co0.83%0.83% of portfolio$281.64M$281.64M invested
- 3. The Home Depot Inc0.82%0.82% of portfolio$277.54M$277.54M invested
- 4. Costco Wholesale Corp0.8%0.8% of portfolio$271.48M$271.48M invested
- 5. Johnson & Johnson0.8%0.8% of portfolio$269.48M$269.48M invested
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DATA AS OF 30 Sep 2024
Sustainability report card
As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.
T. Rowe Price Equity Index 500 Fund PREIX
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Find more financial data on PREIX at Morningstar.com
Find more financial data on PREIX at Morningstar.comTake Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
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