Franklin Templeton, a leading global investment management firm headquartered in the United States, has been a cornerstone of the financial services industry since its founding in 1947. With a strong presence in key markets across North America, Europe, Asia, and beyond, the firm offers a diverse range of investment solutions tailored to meet the needs of individual and institutional investors. Specialising in mutual funds, alternative investments, and customised portfolio management, Franklin Templeton is renowned for its commitment to research-driven strategies and long-term performance. The firm has achieved notable milestones, including significant assets under management and a reputation for innovation in investment products. With a focus on delivering value and fostering client relationships, Franklin Templeton continues to solidify its position as a trusted partner in the investment landscape.
How does Franklin Templeton'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 Templeton's score of 29 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Franklin Templeton reported significant carbon emissions, totalling approximately 116,245,600 kg CO2e for Scope 1, 134,666,000 kg CO2e for Scope 2, and 4,789,700 kg CO2e for Scope 3 emissions. This data highlights the company's comprehensive approach to measuring its carbon footprint across all relevant scopes. In 2020, the firm recorded emissions of about 8,000,000 kg CO2e for Scope 1, 28,000,000 kg CO2e for Scope 2, and 50,000,000 kg CO2e for Scope 3, indicating a focus on transparency in its emissions reporting. However, there are no specified reduction targets or initiatives documented in their recent reports, suggesting a need for clearer commitments towards emission reductions. Franklin Templeton's climate commitments appear to be evolving, with a focus on sustainability and environmental impact, but specific reduction targets have not been established. The company has engaged in activities that contribute to carbon emissions avoidance, such as producing energy from new renewable sources and restoring reforested areas, although quantifiable targets are not outlined. Overall, while Franklin Templeton has made strides in emissions reporting and sustainability initiatives, the absence of defined reduction targets may limit its effectiveness in addressing climate change comprehensively.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2023 | |
---|---|---|---|
Scope 1 | 9,334,000 | 0,000,000 | 000,000,000 |
Scope 2 | 29,015,000 | 00,000,000 | 000,000,000 |
Scope 3 | - | 00,000,000 | 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 Templeton 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.