In 2022, 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 7 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 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2022, the total operational greenhouse gas (GHG) emissions of Franklin Resources amounted to 32,603 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).
Compared to 2021, the total operational greenhouse gas (GHG) emissions of Franklin Resources increased by 0.44%, suggesting that the company faced challenges in reducing its emissions from its core operations.
In 2022, the total Scope 1 emissions of Franklin Resources were 11,655 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Since 2019, Franklin Resources's Scope 1 emissions have decreased by 1.26%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2021), Franklin Resources's Scope 1 emissions increased by 17.22%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
In 2022, Franklin Resources reported Scope 2 greenhouse gas (GHG) emissions of 22,096 tCOâ‚‚e using the market-based method and 20,948 tCOâ‚‚e using the location-based method.
Since 2019, Franklin Resources's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 30%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2021), Franklin Resources's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Franklin Resources 's emissions have plateaued with no significant change in its energy consumption footprint.
In 2022, Franklin Resources reported its Scope 2 emissions using the market-based method and using the location-based method.
In 2022, Franklin Resources reported 109,442 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2022 disclosure of Franklin Resources includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2021, reflecting improved emissions accounting practices and greater transparency across the company's value chain
In 2022, Franklin Resources reported total Scope 3 emissions of 109,442 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 98.19% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.81% came from downstream activities like product use, distribution, and end-of-life treatment.
Since 2019, Franklin Resources's Scope 3 emissions have increased by 848.95%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2021), Franklin Resources's Scope 3 emissions decreased by 14.65%, highlighting the company's efforts to lower indirect emissions from its value chain.
In 2022, Franklin Resources reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
In 2022, the largest contributors to Franklin Resources's Scope 3 emissions were:
In 2022, Franklin Resources reported a total carbon footprint of 142,045 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.6% decrease compared to 2021, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Franklin Resources's total carbon footprint was Scope 3 emissions, accounting for 77.05% of the company's total carbon footprint, followed by Scope 2 emissions at 14.75%.