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T. Rowe Price Instl Large Cap Core Gr TPLGX Sustainability

| Analyst rating as of

Sustainability Analysis

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Sustainable Summary

T. Rowe Price Instl Large Cap Core Gr Fd has a number of attributes that may meet the expectations of sustainability-focused investors, despite some issues worthy of attention.

T. Rowe Price Instl Large Cap Core Gr Fd's holdings are exposed to average levels of ESG risk relative to those of its peers in the US Equity Large Cap Growth category, thus earning it an average Morningstar Sustainability Rating of 3 globes. Competing funds in the category with ratings of 4 or 5 globes have less ESG risk in their holdings. Unlike impact, which measures positive environmental and societal outcomes attributable to an investment, ESG risk reflects the degree to which investments could be affected by material ESG issues like climate change and inequalities.

One key area of strength for T. Rowe Price Instl Large Cap Core Gr Fd is its low Morningstar Portfolio Carbon Risk Score of 2.63 and very low fossil fuel exposure over the past 12 months, which earns it the Morningstar Low Carbon Designation. The fund is therefore well positioned to transition to a low-carbon economy. Currently, the fund's involvement in fossil fuels is negligible, and compares favorably with 3.37% for its average peer.

One potential issue for a sustainability-focused investor is that T. Rowe Price Instl Large Cap Core Gr Fd doesn’t have an ESG-focused mandate. Funds with an ESG-focused mandate are more likely to align with the expectations of an investor who cares about sustainability issues. The fund has significant exposure (15.87%) to companies with high or severe controversies. Companies with high or severe controversies may be involved in incidents such as corruption, employee abuses, environmental incidents, and corporate scandals that pose serious business risks to the company.

ESG Commitment Level Asset Manager

An ESG Commitment Level Asset Manager rating is not assigned to this investment.

Morningstar analysts award an ESG Commitment Level Asset Manager ratings to investments that also receive Morningstar Analyst Ratings. Not all investments currently have Asset Manager rating. Morningstar is expanding its coverage, prioritizing investments that are most relevant to investors.