Franklin Resources Inc
Franklin Resources's GHG Emissions Data Preview
In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified 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 2023, the total operational greenhouse gas (GHG) emissions of Franklin Resources amounted to 27,539 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Franklin Resources decreased by 15.53%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Franklin Resources's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Franklin Resources's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Franklin Resources were 10,775 metric tons of CO₂ equivalent (tCO₂e). a
Has Franklin Resources reduced its Scope 1 emissions over time?
Since 2019, Franklin Resources's Scope 1 emissions have decreased by 8.72%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Franklin Resources's Scope 1 emissions decreased by 7.55%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Franklin Resources's Scope 2 emissions?
In 2023, Franklin Resources reported Scope 2 greenhouse gas (GHG) emissions of 17,778 tCO₂e using the market-based method and 16,764 tCO₂e 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 43.98%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Franklin Resources's Scope 2 emissions (Location-Based) fell by 19.97% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does Franklin Resources use for Scope 2 reporting?
In 2023, 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 2023, Franklin Resources reported 121,609 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Franklin Resources includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain 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 2023, Franklin Resources reported total Scope 3 emissions of 121,609 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 91.85% of these emissions originated from upstream activities such as purchased goods and capital goods, while 8.15% 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 emissions have increased by 1,085.62%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Franklin Resources's Scope 3 emissions increased by 11.1%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Franklin Resources disclose?
In 2023, Franklin Resources reported emissions for 9 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 2023, the largest contributors to Franklin Resources's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 87,219 tCO₂e (71.72%)
- Business Travel (Cat. 6): 10,547 tCO₂e (8.67%)
- Downstream Leased Assets (Cat. 13): 9,907 tCO₂e (8.15%)
Franklin Resources's Scope 3 Emissions by Categories
Insights into Franklin Resources’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Franklin Resources reported Scope 1 greenhouse gas (GHG) emissions of 10,775 tCO₂e and total revenues of USD 7,849 millions. This translates into an emissions intensity of 1.37 tCO₂e 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 2023, Franklin Resources reported a Scope 1 emissions intensity of 1.37 tCO₂e per millions USD. Compared to the peer group median of 146.18 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Franklin Resources rank on GHG emissions intensity within its industry?
In 2023, Franklin Resources ranked 1 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Franklin Resources among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Franklin Resources's Total Carbon Footprint
In 2023, Franklin Resources reported a total carbon footprint of 149,148 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.99% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Franklin Resources's total carbon footprint was Scope 3 emissions, accounting for 81.54% of the company's total carbon footprint, followed by Scope 2 emissions at 11.24%. a