Franklin Templeton
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
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.
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Franklin Templeton's reported carbon emissions
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 various scopes, including direct emissions (Scope 1), indirect emissions from energy consumption (Scope 2), and other indirect emissions (Scope 3). In 2020, Franklin Templeton's emissions were approximately 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. This indicates a notable increase in emissions over the years, particularly in Scope 1 and 2 categories. Despite the lack of specific reduction targets or initiatives disclosed, Franklin Templeton has engaged in various sustainability efforts, including the avoidance of approximately 5,500 tonnes CO2e in 2021 and 6,400 tonnes CO2e in 2022 through unspecified measures. The company has also reported on its contributions to renewable energy and climate adaptation, although specific commitments or pledges were not detailed. Franklin Templeton's emissions data and sustainability efforts reflect its ongoing commitment to addressing climate change, although further transparency regarding reduction targets would enhance its accountability in this critical area.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
