T Rowe Price Retirement Blend 2050 Fund - T Rowe Price

Shareclass
T Rowe Price Retirement Blend 2050 Fund (TRBSX)
Type
Open-end mutual fund
Target date
T Rowe Price Retirement Blend Fund - T Rowe Price
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments
D
10.78%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
156
holdings flagged
11%
of assets flagged
This fund contains
 $74.55 MILLION invested 
in holdings flagged for deforestation risk
T. 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!
Sign the petition
producers
Commodity producers
20 holdings
0.6% of assets
$4.15 MILLION invested
banks
Banks and lenders
33 holdings
3.45% of assets
$23.88 MILLION invested
consumers
Major consumer brands
112 holdings
6.9% of assets
$47.74 MILLION invested
Commodity producers
Commodity producers
20 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%.
20 HOLDINGS
  • % of portfolio
    $ invested
  • 1. International Paper Co
    Paper/pulp producer
    0.2%0.2% of portfolio
    $1.38M$1.38M invested
    Paper/pulp producer
  • 2. Glencore PLC
    Soy producerPalm oil producer
    0.09%0.09% of portfolio
    $621,588$621,588 invested
    Soy producerPalm oil producer
  • 3. Stora Enso Oyj
    Timber producerPaper/pulp producer
    0.05%0.05% of portfolio
    $373,815$373,815 invested
    Timber producerPaper/pulp producer
  • 4. Mitsubishi Corp
    Palm oil producer
    0.05%0.05% of portfolio
    $372,551$372,551 invested
    Palm oil producer
  • 5. ITOCHU Corp
    Timber producerRubber producerPaper/pulp producerPalm oil producer
    0.05%0.05% of portfolio
    $331,926$331,926 invested
    Timber producerRubber producerPaper/pulp producerPalm oil producer
View next 5
Banks and lenders
Banks and lenders
33 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).
33 HOLDINGS
  • % of portfolio
    $ invested
  • 1. JPMorgan Chase & Co
    0.83%0.83% of portfolio
    $5.77M$5.77M invested
  • 2. Bank of America Corp
    0.36%0.36% of portfolio
    $2.51M$2.51M invested
  • 3. HSBC Holdings PLC
    0.25%0.25% of portfolio
    $1.73M$1.73M invested
  • 4. Citigroup Inc
    0.21%0.21% of portfolio
    $1.46M$1.46M invested
  • 5. Mitsubishi UFJ Financial Group Inc
    0.2%0.2% of portfolio
    $1.38M$1.38M invested
View next 5
Major consumer brands
Major consumer brands
112 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).
112 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.78%1.78% of portfolio
    $12.31M$12.31M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Johnson & Johnson
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.34%0.34% of portfolio
    $2.36M$2.36M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 3. Procter & Gamble Co/The
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.33%0.33% of portfolio
    $2.31M$2.31M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 4. Home Depot Inc/The
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
    0.3%0.3% of portfolio
    $2.07M$2.07M invested
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
  • 5. Walmart Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.29%0.29% of portfolio
    $1.98M$1.98M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
View next 5
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DATA AS OF 30 Nov 2025





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