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. The Scope 3 emissions included notable contributions from employee commuting, which accounted for about 11,090,234,000 kg CO2e, and downstream leased assets, contributing approximately 2,656,662,800 kg CO2e. Despite these figures, Franklin Templeton has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The firm has disclosed emissions across all three scopes, indicating a comprehensive approach to tracking their carbon footprint. Franklin Templeton's climate commitments remain vague, with no specific pledges or initiatives outlined to mitigate their carbon emissions. As the financial services industry increasingly prioritises sustainability, Franklin Templeton's future actions will be crucial in aligning with global climate goals.
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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.
