📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.
Franklin Resources Inc
Franklin Resources's GHG Emissions Data Preview
In 2024, Franklin Resources completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Franklin Resources has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
a
b
b
a
b
b
a
b
b
a
b
a
b
a
b
b
a
b
b
b
b
a
b
bVerified Sources Behind Franklin Resources’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Franklin Resources’s data sources below and access millions more through our Disclosure Search.
Insights into Franklin Resources's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofFranklin Resources amounted to31,903metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Franklin Resourcesincreased by 15.85%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Franklin Resources's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Franklin Resources's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Franklin Resources were 13,138 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Franklin Resources reduced its Scope 1 emissions over time?
Since 2019, Franklin Resources's Scope 1 emissions have decreased by 12.09%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Franklin Resources's Scope 1 emissions increased by 21.93%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Franklin Resources's Scope 2 emissions?
In 2024, Franklin Resources reported Scope 2 greenhouse gas (GHG) emissions of 18,900 tCOâ‚‚e using the market-based method and 18,765 tCOâ‚‚e using the location-based method.a
Has Franklin Resources reduced its Scope 2 emissions over time?
Since 2019, Franklin Resources's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 35.54%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Franklin Resources's Scope 2 emissions(Location-Based) rose by 11.94% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does Franklin Resources use for Scope 2 reporting?
In 2024, Franklin Resources reported its Scope 2 emissions using the market-based method and using the location-based method.a
Franklin Resources's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Franklin Resources's Value Chain Emissions
In 2024, Franklin Resources reported 167,779 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Franklin Resources includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,down from 9 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
Franklin Resources's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Franklin Resources's Scope 3 emissions?
In 2024, Franklin Resources reported total Scope 3 emissions of 167,779 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 95.68%of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.32%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Franklin Resources reduced its Scope 3 emissions over time?
Since 2019, Franklin Resources's Scope 3 emissionshave increased by 1,535.75%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Franklin Resources's Scope 3 emissions increased by 37.97%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
What categories of Scope 3 emissions does Franklin Resources disclose?
In 2024, Franklin Resources reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Franklin Resources's Scope 3 emissions?
In 2024, the largest contributors to Franklin Resources's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 112,802 tCOâ‚‚e(67.23%)
- Business Travel (Cat. 6): 22,231 tCOâ‚‚e(13.25%)
- Capital Goods (Cat. 2): 12,744 tCOâ‚‚e(7.6%)
Franklin Resources's Scope 3 Emissions by Categories
Insights into Franklin Resources’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Franklin Resources reported Scope 1 greenhouse gas (GHG) emissions of 13,138 tCOâ‚‚e and total revenues of USD 8,478 millions. This translates into an emissions intensity of 1.55 tCOâ‚‚e per millions USD.a
Franklin Resources's Scope 1 Emissions Intensity Compared to Peers
How does Franklin Resources's GHG emissions intensity compare to its peers?
In 2024, Franklin Resources reported a Scope 1 emissions intensity of 1.55 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.12, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Franklin Resources rank on GHG emissions intensity within its industry?
In 2024, Franklin Resources ranked 24 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Franklin Resources among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Franklin Resources's Total Carbon Footprint
In 2024, Franklin Resources reported a total carbon footprint of 199,682 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 33.88% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Franklin Resources's total carbon footprint was Scope 3 emissions, accounting for 84.02% of the company's total carbon footprint, followed by Scope 2 emissions at 9.4%.a