Putnam Sustainability Profile
Putnam Investments, a prominent player in the asset management industry, is headquartered in the United States, with significant operations across North America and Europe. Founded in 1937, Putnam has established itself as a trusted provider of investment solutions, catering to a diverse clientele that includes individual investors, financial advisors, and institutions. The firm offers a wide range of products and services, including mutual funds, retirement plans, and investment management, distinguished by a commitment to research-driven strategies and innovative investment approaches. Putnam's focus on delivering long-term value has earned it a strong market position, recognised for its performance and client-centric philosophy. With a legacy of over eight decades, Putnam continues to adapt to the evolving financial landscape, maintaining its reputation as a leader in the investment management sector.
DitchCarbon Score
How does Putnam'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
Putnam's score of 23 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Putnam's reported carbon emissions
In 2022, Putnam LLC reported greenhouse gas emissions with a greenhouse gas intensity of approximately 0.20902 kg CO2e per unit of revenue, although specific total emissions figures for Scope 1, 2, and 3 were not disclosed. The company has not set any specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce emissions at this time. Putnam's emissions data is cascaded from its parent company, Putnam LLC, which is classified as a current subsidiary. This means that while Putnam has access to emissions data from its parent, it does not currently report detailed emissions figures or reduction initiatives of its own. Overall, Putnam's climate commitments appear limited, with no significant reduction targets or achievements reported. The absence of disclosed emissions data and reduction strategies suggests that the company may need to enhance its climate action framework to align with industry standards and expectations.
How Carbon Intensive is Putnam's Industry?
How Carbon Intensive is Putnam's Location?
Putnam's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Putnam has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
