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 26 is higher than 63% 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 and 134,666,000 kg CO2e for Scope 2. Additionally, their Scope 3 emissions amounted to about 4,789,700 kg CO2e, with notable contributions from employee commuting (approximately 11,090,234,000 kg CO2e) and downstream leased assets (approximately 2,656,662,800 kg CO2e). Comparatively, 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. This indicates a substantial increase in emissions over the years, particularly in Scope 1 and 2 categories. Franklin Templeton has not publicly committed to specific reduction targets or initiatives, as there are no documented reduction targets or climate pledges available. The firm continues to engage in sustainability efforts, but further details on their long-term climate commitments remain unspecified.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 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.