T. Rowe Price Achieves MLT Black Equity at Work Silver Certification
T. Rowe Price has achieved Silver Status in Management Leadership for Tomorrow's (MLT) Black Equity at Work Certification, demonstrating its commitment to racial equity in the workplace. The certification evaluates companies across five key pillars: representation, compensation equity, workplace culture, business practices, and inclusive procurement practices. The firm is also participating in MLT's Hispanic Equity at Work certification process. T. Rowe Price partners with various organizations to promote diversity and has invested $50 million in deposits to support under-resourced communities through CNote.
T. Rowe Price ha raggiunto lo Status Argento nella certificazione Black Equity at Work di Management Leadership for Tomorrow (MLT), dimostrando il suo impegno per l'equità razziale sul posto di lavoro. La certificazione valuta le aziende su cinque pilastri fondamentali: rappresentanza, equità nella retribuzione, cultura aziendale, pratiche commerciali e pratiche di approvvigionamento inclusive. La società partecipa anche al processo di certificazione Hispanic Equity at Work di MLT. T. Rowe Price collabora con varie organizzazioni per promuovere la diversità e ha investito 50 milioni di dollari in depositi per supportare le comunità meno avvantaggiate attraverso CNote.
T. Rowe Price ha alcanzado el Estado Plata en la certificación Black Equity at Work de Management Leadership for Tomorrow (MLT), demostrando su compromiso con la equidad racial en el lugar de trabajo. La certificación evalúa a las empresas en cinco pilares clave: representación, equidad en la compensación, cultura laboral, prácticas comerciales y prácticas de adquisiciones inclusivas. La firma también participa en el proceso de certificación Hispanic Equity at Work de MLT. T. Rowe Price se asocia con varias organizaciones para promover la diversidad y ha invertido 50 millones de dólares en depósitos para apoyar a comunidades subfinanciadas a través de CNote.
T. Rowe Price는 Management Leadership for Tomorrow(MLT)의 Black Equity at Work 인증에서 은 인증을 달성하며 직장에서의 인종 평등에 대한 헌신을 보여주었습니다. 이 인증은 회사들을 다섯 가지 주요 기둥, 즉 대표성, 보상 공평성, 직장 문화, 비즈니스 관행, 포용적 조달 관행을 기준으로 평가합니다. 이 회사는 MLT의 Hispanic Equity at Work 인증 과정에도 참여하고 있습니다. T. Rowe Price는 다양한 조직과 파트너십을 맺고 다양성을 증진하기 위해 노력하며, CNote를 통해 자원이 부족한 지역 사회를 지원하기 위해 5천만 달러를 투자했습니다.
T. Rowe Price a obtenu le Statut Argent dans la certification Black Equity at Work de Management Leadership for Tomorrow (MLT), démontrant ainsi son engagement envers l'équité raciale au travail. Cette certification évalue les entreprises selon cinq piliers clés : représentation, équité salariale, culture d'entreprise, pratiques commerciales et pratiques d'approvisionnement inclusives. La firme participe également au processus de certification Hispanic Equity at Work de MLT. T. Rowe Price s'associe à diverses organisations pour promouvoir la diversité et a investi 50 millions de dollars en dépôts pour soutenir les communautés sous-financées via CNote.
T. Rowe Price hat den Silberstatus im Black Equity at Work-Zertifizierungsprogramm von Management Leadership for Tomorrow (MLT) erreicht, was sein Engagement für Rassengleichheit am Arbeitsplatz zeigt. Die Zertifizierung bewertet Unternehmen anhand von fünf zentralen Säulen: Vertretung, Vergütungsgleichheit, Arbeitskultur, Geschäftspraktiken und inklusive Beschaffungspraktiken. Das Unternehmen nimmt auch am Zertifizierungsprozess für Hispanic Equity at Work von MLT teil. T. Rowe Price arbeitet mit verschiedenen Organisationen zusammen, um Vielfalt zu fördern, und hat 50 Millionen Dollar in Einlagen investiert, um unterversorgte Gemeinschaften über CNote zu unterstützen.
- Achieved MLT Black Equity at Work Silver Certification, demonstrating commitment to workplace diversity
- Strategic $50 million investment in under-resourced deposit institutions through CNote partnership
- None.
Management Leadership for Tomorrow (MLT) Certification is a measurable standard for racial equity and provides a road map to achieving Black equity in the workplace
BALTIMORE, MD / ACCESSWIRE / October 31, 2024 / T. Rowe Price, a global investment management firm and a leader in retirement, proudly announces its achievement of Silver Status in Management Leadership for Tomorrow's (MLT) Black Equity at Work Certification. The certification establishes a measurable standard for racial equity and provides a road map to achieving racial equity in the workplace, incorporating the systemic disadvantages that African American/Black talent face. In addition, the firm also is participating in MLT's Hispanic Equity at Work certification process.
"Earning the Black Equity at Work Certification reinforces our commitment to accountability and our focus on ensuring the inclusion of all voices at T. Rowe Price," said Raymone Jackson, head of Community Investment and Diversity, Equity, and Inclusion at T. Rowe Price. "We understand the importance of employers actively committing to racial equity for all diverse groups, and this certification is a testament to our ongoing work with Management Leadership for Tomorrow. By continuously learning and taking actionable steps toward inclusion, we push toward a more successful and equitable future for all."
MLT's Racial Equity at Work Certification programs began in 2020 with MLT Black Equity at Work Certification. The three-year first-class certification process establishes a clear and comprehensive Black equity standard for employers. Companies report on five key pillars-representation at every level, compensation equity, workplace culture, business practices, inclusive procurement practices, and contributions and investments-to drive Black equity in their workplace and close racial wealth gaps.
In addition, T. Rowe Price actively partners with organizations like the Robert Toigo Foundation, the Association of African American Financial Advisors, Money Management Institute, the UK's Diversity Project, and several other organizations to create equal access and opportunity within the industry, source diverse talent, and foster a culture of inclusion. Internally, the firm's African Heritage Community, part of the MOSAIC @ T. Rowe Price associate-led business resource groups for ethnically diverse associates, provides year-round networking and development opportunities. Advisory groups like the Black Leadership Council and MOSAIC's Amplify Voices work as a channel of communication between firm management and Black associates to ensure that there is active dialogue on matters of importance (e.g., attraction, retention, advancement, priorities, climate). The firm also deployed
About T. Rowe Price
Founded in 1937, T. Rowe Price (NASDAQ - GS: TROW) helps individuals and institutions around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Clients rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price serves millions of clients globally and manages US
About Management Leadership for Tomorrow
MLT is a national nonprofit that is dedicated to closing racial wealth gaps by improving the economic trajectories of people of color and helping employers implement more rigorous racial equity strategies. We believe everyone should have equal access to opportunities to pursue the American Dream. MLT offers an array of initiatives including career and leadership development for college students and professionals as well as expert advice to employers so they can foster equitable workplaces. Learn more at mlt.org.
T. ROWE PRICE CONTACTS:
Tiane Harrison
410-577-2216
tiane.harrison@troweprice.com
102024-3980134
T. Rowe Price is Silver Certified in MLT's Black Equity at Work
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