Mutual fund
T. Rowe Price Retirement 2050 Fund
TickerTRRMX
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
10.95%
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
91
holdings flagged
11%
of assets flagged
This fund contains
$667.73 MILLION 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
15 holdings
0.45% of assets
$27.9 MILLION invested
Banks and lenders
13 holdings
2.44% of assets
$150.28 MILLION invested
Major consumer brands
71 holdings
8.14% of assets
$501.25 MILLION invested
Commodity producers
15 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
15 HOLDINGS
- % of portfolio$ invested
- 1. Glencore PLC
0.07%0.07% of portfolio$4.19M$4.19M invested - 2. Wilmar International Ltd0.06%0.06% of portfolio$3.88M$3.88M invested
- 3. POSCO Holdings Inc0.05%0.05% of portfolio$2.8M$2.8M invested
- 4. Stora Enso Oyj Class R
0.04%0.04% of portfolio$2.76M$2.76M invested - 5. Mitsubishi Corp0.04%0.04% of portfolio$2.61M$2.61M invested
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Banks and lenders
13 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
13 HOLDINGS
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Major consumer brands
71 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
71 HOLDINGS
- % of portfolio$ invested
- 1. Amazon.com Inc
1.14%1.14% of portfolio$70.14M$70.14M invested - 2. Johnson & Johnson0.74%0.74% of portfolio$45.64M$45.64M invested
- 3. Procter & Gamble Co0.51%0.51% of portfolio$31.34M$31.34M invested
- 4. McDonald's Corp0.44%0.44% of portfolio$26.88M$26.88M invested
- 5. Walmart Inc0.42%0.42% of portfolio$26.15M$26.15M invested
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DATA AS OF 12/31/22
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 Retirement 2050 Fund TRRMX
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Find more financial data on TRRMX at Morningstar.com
Find more financial data on TRRMX at Morningstar.comTake Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
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