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 46 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Franklin Resources reported total carbon emissions of approximately 42,108,290 kg CO2e, comprising 34,560,200 kg CO2e from Scope 1, 45,840 kg CO2e from Scope 2, and 7,502,260 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, with all three scopes disclosed. In 2023, the company recorded emissions of about 109,460,000 kg CO2e in Scope 3, alongside 11,655,000 kg CO2e in Scope 1 and approximately 22,096,000 kg CO2e in Scope 2 (market-based). The significant Scope 3 emissions highlight the impact of the company's value chain on its overall carbon footprint. Franklin Resources has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The emissions data is cascaded from its parent company, Franklin Resources, Inc., which provides a broader context for understanding the company's climate commitments. Overall, Franklin Resources's emissions data illustrates a substantial carbon footprint, particularly in Scope 3, while the lack of defined reduction strategies suggests an opportunity for enhanced climate action in the future.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2021 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 11,804,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 29,926,980 | 00,000,000 | 00,000,000 | 00,000 |
Scope 3 | - | 00,000,000 | 000,000,000 | 0,000,000 |
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.