Franklin Resources, commonly known as Franklin Templeton, is a leading global investment management firm headquartered in the United States. Founded in 1947, the company has established a strong presence in key operational regions, including North America, Europe, Asia, and Australia. Specialising in investment solutions, Franklin Templeton offers a diverse range of products and services, including mutual funds, alternative investments, and customised portfolio management. With a commitment to innovation and client-centric strategies, Franklin Templeton has achieved significant milestones, such as expanding its global footprint through strategic acquisitions. The firm is recognised for its expertise in fixed income, equity, and multi-asset strategies, positioning it as a trusted partner for investors seeking tailored financial solutions. As a prominent player in the asset management industry, Franklin Templeton continues to uphold its reputation for delivering value and performance to clients worldwide.
How does Franklin Resources's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Franklin Resources's score of 33 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Franklin Resources reported total carbon emissions of approximately 11655000 kg CO2e for Scope 1 and about 22096000 kg CO2e for Scope 2, with an additional 109460000 kg CO2e attributed to Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions from 11804000 kg CO2e in 2019, while Scope 2 emissions have also seen a reduction from about 29926980 kg CO2e in the same year. Franklin Resources has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of detailed reduction commitments suggests a need for further transparency regarding their long-term climate strategy. Overall, the company’s emissions profile indicates a focus on managing its operational carbon footprint, particularly in Scope 1 and 2 emissions, while Scope 3 emissions remain significantly higher, highlighting an area for potential improvement in their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2021 | 2023 | |
---|---|---|---|
Scope 1 | 11,804,000 | 0,000,000 | 00,000,000 |
Scope 2 | 29,926,980 | 00,000,000 | 00,000,000 |
Scope 3 | - | 00,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Franklin Resources is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.