Putnam Investments, a prominent player in the asset management industry, is headquartered in Delaware and operates extensively across the United States and internationally. Founded in 1937, Putnam has established itself as a trusted provider of investment solutions, focusing on mutual funds, retirement plans, and institutional investment services. With a commitment to innovation, Putnam offers a diverse range of products, including equity, fixed income, and multi-asset strategies, distinguished by their rigorous research and active management approach. The firm has garnered recognition for its strong performance and client-centric philosophy, positioning itself as a leader in the competitive investment landscape. Notable achievements include a robust track record of delivering value to investors, underscoring Putnam's dedication to excellence in investment management.
How does Putnam Investments'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 Funds, trusts, and financial vehicles 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 Investments's score of 19 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Putnam Investments, headquartered in Delaware, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Franklin Resources, Inc., which may influence its climate commitments and reporting practices. As a part of its corporate family, Putnam Investments may inherit climate-related initiatives and targets from Franklin Resources, Inc. However, no specific reduction targets or climate pledges have been documented for Putnam Investments itself. In the context of the broader industry, it is essential for investment firms like Putnam to engage in climate action and transparency, especially as stakeholders increasingly demand accountability regarding environmental impacts. While Putnam Investments has not disclosed its own emissions or reduction initiatives, the company is positioned within a sector that is progressively adopting sustainability practices and setting ambitious climate goals. Overall, without specific emissions data or reduction targets, Putnam Investments' climate commitments remain unclear, highlighting the need for enhanced transparency and reporting in line with industry standards.
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 Investments 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.