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.
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.
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.
Putnam's score of 23 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Putnam reported a greenhouse gas intensity of approximately 0.20902 kg CO2e per unit of revenue, although specific total emissions figures were not disclosed. The company has not specified its Scope 1, 2, or 3 emissions, nor has it set any formal reduction targets or climate pledges. This lack of detailed emissions data and commitments suggests that Putnam may be in the early stages of developing a comprehensive climate strategy. As the industry increasingly prioritises sustainability, it will be essential for Putnam to establish clear climate commitments and reduction initiatives to align with global climate goals.
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.
Putnam is not committed to any reduction initiatives 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.