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Franklin Resources Inc

Common Name
Franklin Resources
Country
United States
Sector
Financial Services
Industry
Asset Management
Employees
9,800
Ticker
BEN
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Franklin Resources Inc., commonly known as Franklin Templeton, is a prominent global investment management organization. Its primary purpose is to provide a wide range of investment solutions, includi...

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)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Franklin Resources’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified 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.

a. Franklin Resources's CSR Report 2024
b. Franklin Resources's TCFD Report 2024

Insights into Franklin Resources's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Franklin Resources amounted to 31,903 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 2023, the total operational greenhouse gas (GHG) emissions of Franklin Resources increased 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

20192020202120222023202404 k8 k12 k16 ktCO2e-55%+48%+17%-8%+22%
  • 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 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 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 tCO₂e using the market-based method and 18,765 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 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

20192020202120222023202408 k16 k24 k32 ktCO2e
  • 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 CO₂ equivalent (tCO₂e) 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 8 of 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

201920202021202220232024045 k90 k135 k180 ktCO2e+40%+795%-15%+11%+38%
  • 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 CO₂ equivalent (tCO₂e).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 emissions have 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 tCO₂e (67.23%)
  • Business Travel (Cat. 6): 22,231 tCO₂e (13.25%)
  • Capital Goods (Cat. 2): 12,744 tCO₂e (7.6%)

Franklin Resources's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(67.2%)Capital Goods(Cat. 2)(7.6%)Business Travel(Cat. 6)(13.3%)

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 tCO₂e and total revenues of USD 8,478 millions. This translates into an emissions intensity of 1.55 tCO₂e per millions USD.a

Franklin Resources's Scope 1 Emissions Intensity Compared to Peers

5505005,00020,000Scope 1 Emissions (tCO2e)1005002,00020,00050,000Revenues (Millions of USD)ATEAAres ManagementYear: 2024Scope 1: 1,166 tCO2eRevenue: $M 3,885Scope 1 Intensity: 0.30 tCO2e/$MBlue Owl CapitalYear: 2024Scope 1: 6 tCO2eRevenue: $M 2,308Scope 1 Intensity: 0.00 tCO2e/$MInvescoYear: 2024Scope 1: 585 tCO2eRevenue: $M 6,068Scope 1 Intensity: 0.10 tCO2e/$MPrincipal Financial GroupYear: 2024Scope 1: 5,015 tCO2eRevenue: $M 16,130Scope 1 Intensity: 0.31 tCO2e/$MAAArtisan PartnersYear: 2024Scope 1: 106 tCO2eRevenue: $M 1,112Scope 1 Intensity: 0.10 tCO2e/$MSEI InvestmentsYear: 2023Scope 1: 117 tCO2eRevenue: $M 1,921Scope 1 Intensity: 0.06 tCO2e/$MTTTPGYear: 2023Scope 1: 287 tCO2eRevenue: $M 1,817Scope 1 Intensity: 0.16 tCO2e/$MApollo Global ManagementYear: 2024Scope 1: 1,231 tCO2eRevenue: $M 26,136Scope 1 Intensity: 0.05 tCO2e/$MCarlyle GroupYear: 2024Scope 1: 975 tCO2eRevenue: $M 3,402Scope 1 Intensity: 0.29 tCO2e/$MEEEquitable HoldingsYear: 2024Scope 1: 1,548 tCO2eRevenue: $M 12,434Scope 1 Intensity: 0.12 tCO2e/$MKKR & CoYear: 2024Scope 1: 1,860 tCO2eRevenue: $M 21,628Scope 1 Intensity: 0.09 tCO2e/$MRaymond James FinancialYear: 2022Scope 1: 392 tCO2eRevenue: $M 10,859Scope 1 Intensity: 0.04 tCO2e/$MAAAllianceBernstein HoldingYear: 2024Scope 1: 278 tCO2eRevenue: $M 462Scope 1 Intensity: 0.60 tCO2e/$MNorthern TrustYear: 2021Scope 1: 1,797 tCO2eRevenue: $M 6,464Scope 1 Intensity: 0.28 tCO2e/$MBlackRockYear: 2024Scope 1: 7,188 tCO2eRevenue: $M 20,409Scope 1 Intensity: 0.35 tCO2e/$MAmeriprise FinancialYear: 2024Scope 1: 5,435 tCO2eRevenue: $M 17,265Scope 1 Intensity: 0.31 tCO2e/$MAres CapitalYear: 2021Scope 1: 47 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.03 tCO2e/$MT Rowe Price GroupYear: 2024Scope 1: 1,845 tCO2eRevenue: $M 7,093Scope 1 Intensity: 0.26 tCO2e/$MAffiliated Managers GroupYear: 2024Scope 1: 229 tCO2eRevenue: $M 2,041Scope 1 Intensity: 0.11 tCO2e/$MState StreetYear: 2024Scope 1: 4,813 tCO2eRevenue: $M 12,917Scope 1 Intensity: 0.37 tCO2e/$MBROOKFIELD ASSET MANAGEMENTYear: 2024Scope 1: 322 tCO2eRevenue: $M 482Scope 1 Intensity: 0.67 tCO2e/$MReinsurance Group of AmericaYear: 2024Scope 1: 422 tCO2eRevenue: $M 21,979Scope 1 Intensity: 0.02 tCO2e/$MBlackstoneYear: 2024Scope 1: 466 tCO2eRevenue: $M 10,939Scope 1 Intensity: 0.04 tCO2e/$MFranklin ResourcesYear: 2024Scope 1: 13,138 tCO2eRevenue: $M 8,478Scope 1 Intensity: 1.55 tCO2e/$M

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 tCO₂e 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 tCO₂e 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 CO₂ equivalent (tCO₂e) 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

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