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 31 is higher than 87% 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 (market-based), alongside significant Scope 3 emissions of around 109460000 kg CO2e. This data indicates a comprehensive approach to tracking emissions across all relevant scopes. In 2021, the company recorded Scope 1 emissions of about 6729670 kg CO2e, Scope 2 emissions of approximately 23798240 kg CO2e (market-based), and Scope 3 emissions of around 14330310 kg CO2e. The emissions for 2019 were approximately 11804000 kg CO2e for Scope 1 and about 29926980 kg CO2e for Scope 2 (location-based). Despite these figures, Franklin Resources has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for further commitment to climate action within the industry context. Overall, the company’s emissions data reflects a significant environmental impact, particularly in Scope 3 emissions, which often represent the largest share of total emissions for financial services firms.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 committed to any reduction initiatives 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.