T Rowe Price Target 2050 Fund - T Rowe Price
Shareclass
T Rowe Price Target 2050 Fund (TRFOX)
Type
Open-end mutual fund
Manager
Filing
Target date
T Rowe Price Target 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
How we track deforestation-risk investments
D
9.51%
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
98
holdings flagged
9.51%
of assets flagged
This fund contains
$37.69 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
12 holdings
0.56% of assets
$2.2 MILLION invested
Banks and lenders
24 holdings
3.04% of assets
$12.05 MILLION invested
Major consumer brands
69 holdings
6.07% of assets
$24.07 MILLION invested
Commodity producers
12 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
12 HOLDINGS
- % of portfolio$ invested
- 1. International Paper Co
0.3%0.3% of portfolio$1.21M$1.21M invested - 2. Stora Enso Oyj
0.1%0.1% of portfolio$394,735$394,735 invested - 3. Glencore PLC
0.05%0.05% of portfolio$210,377$210,377 invested - 4. Mitsubishi Corp0.03%0.03% of portfolio$135,508$135,508 invested
- 5. Klabin SA0.02%0.02% of portfolio$96,479$96,479 invested
View next 5
Banks and lenders
24 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
24 HOLDINGS
View next 5
Major consumer brands
69 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
69 HOLDINGS
- % of portfolio$ invested
- 1. Amazon.com Inc
1.51%1.51% of portfolio$5.99M$5.99M invested - 2. Procter & Gamble Co/The0.41%0.41% of portfolio$1.63M$1.63M invested
- 3. Unilever PLC0.35%0.35% of portfolio$1.39M$1.39M invested
- 4. McDonald's Corp0.34%0.34% of portfolio$1.35M$1.35M invested
- 5. Mondelez International Inc0.28%0.28% of portfolio$1.1M$1.1M invested
View next 5
DATA AS OF 30 Nov 2025
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T Rowe Price Target 2050 Fund - T Rowe Price TRFOX
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