{"id":474843,"date":"2021-04-12T11:43:05","date_gmt":"2021-04-12T15:43:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-launches-corporate-social-responsibility-report\/"},"modified":"2021-04-12T11:43:05","modified_gmt":"2021-04-12T15:43:05","slug":"franklin-templeton-launches-corporate-social-responsibility-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-launches-corporate-social-responsibility-report\/","title":{"rendered":"Franklin Templeton Launches Corporate Social Responsibility Report"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Franklin Templeton Launches Corporate Social Responsibility Report<\/b><\/p>\n<p class=\"bwalignc\"><i>Report Introduces Enhanced Global Citizenship Framework and Goals on ESG Investing, Environment, Diversity and Inclusion<\/i><\/p>\n<p>SAN MATEO, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nFranklin Templeton has launched its Corporate Social Responsibility (CSR) Report in recognition of the firm\u2019s long-standing belief that being a responsible corporate citizen is vital to the long-term sustainability of its business, in addition to the well-being of the communities in which its employees live and work. Franklin Templeton has established specific goals for fiscal year 2021 focused on three areas: environmental, social and governance (ESG) investing; the environment; and diversity and inclusion (D&amp;I).\n<\/p>\n<p>\n\u201cThe events of the past year, including the global pandemic and ongoing racial and social injustices, have further reinforced the importance of global citizenship both as a business imperative and as part of our responsibility as industry leaders,&#8221; said Jenny Johnson, President and CEO. &#8220;At Franklin Templeton, we have embedded principles of corporate citizenship into our company culture and our investment strategy. While there is more work to be done, we continue to make important strides to keep these values at the core of what we do for our stockholders, clients, employees and communities.\u201d\n<\/p>\n<p>\nFranklin Templeton has established goals and key priorities for fiscal year 2021 within the following focus areas:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li><i>ESG investing: <\/i>In March 2021, the firm launched its Stewardship and Sustainability Council to guide the continued evolution of ESG infrastructure and best practices. It also published its Stewardship Report, which details its active ownership approach, such as proxy voting and engagement activities.\n<\/li>\n<li><i>D&amp;I:<\/i> The firm plans to publicly disclose gender and ethnicity representation data as per the U.S. Department of Labor\u2019s Employment Information Report, known as EEO-1. It also plans to invest in female and Black entrepreneurs and expand strategies to increase the attraction, recruitment and development of underrepresented employees, including a focus on further building inclusive leadership capabilities.\n<\/li>\n<li><i>Environment:<\/i> As it continues to work to reduce its emissions, Franklin Templeton will expand its Scope 3 emissions reporting, set emissions targets and launch an Environmental Committee to advance existing green initiatives.\n<\/li>\n<\/ul>\n<p><b>CSR Report Highlights<\/b><\/p>\n<p>\nThe report is organized around Franklin Templeton\u2019s six dimensions of CSR. In addition to ESG investing, the environment and D&amp;I, this includes employee experience; community engagement; and responsible corporate practices.\n<\/p>\n<p>\n\u201cWe are proud to continue to develop our CSR reporting as we grow in this critical space, expanding and adapting our corporate citizenship platform and initiatives along the way,\u201d said Kristin Kosmides, Head of Global Citizenship, who led Legg Mason\u2019s CSR function from 2008 until its acquisition by Franklin Templeton in July 2020. \u201cIn addition to helping us coalesce around our shared values, the joining of these two companies has allowed us to solidify our approach and work together to build an even stronger corporate citizenship framework.\u201d\n<\/p>\n<p>\nHighlights of Franklin Templeton\u2019s CSR efforts include the following:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nThe firm is a signatory of the United Nations-supported Principles for Responsible Investment (PRI), a set of six investment principles that offer ways to incorporate ESG issues into investment practice. All its specialist independent organizations \u2013 Brandywine Global, Clarion Partners, ClearBridge Investments, Martin Currie, Royce Investment Partners, and Western Asset Management \u2013 are PRI signatories in their own right, as is Edinburgh Partners.\n<\/li>\n<li>\nWith the addition of Regina Curry, Franklin Templeton\u2019s first chief diversity officer, who held that role with Legg Mason, the firm has recommitted to the CEO Action Pledge for Diversity &amp; Inclusion and joined Connecticut\u2019s corporate call to action to address economic and racial disparities.\n<\/li>\n<li>\nThe firm is a signatory of the Task Force on Climate-Related Financial Disclosures (TCFD) and an investor signatory and participant in the rigorous Carbon Disclosure Project (CDP) annually.\n<\/li>\n<li>\nFranklin Templeton\u2019s CSR efforts are aligned with selected metrics from the Sustainability Accounting Standards Board (SASB), and the report provides disclosures to stockholders, investors and other key stakeholders based on those selected metrics. SASB is an independent nonprofit organization that sets standards to guide companies in the disclosure of financially material sustainability information. Franklin Templeton is providing information in accordance with certain standards SASB has identified for the Asset Management and Custody Activities segment of the Financials sector.\n<\/li>\n<\/ul>\n<p>\nFranklin Templeton\u2019s CSR Report is available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.franklinresources.com%2Fdownload%2Fftresources%2Fcommon%2Fkmhhmn66%2Fft-corporate-social-responsibility-report.pdf&amp;esheet=52410165&amp;newsitemid=20210412005712&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=6503df9d8dc6370522193b21ce3d56ac\">here<\/a>.\n<\/p>\n<p><b>About Franklin Templeton<\/b><\/p>\n<p>\nFranklin Resources, Inc. [NYSE:BEN], is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton\u2019s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 70 years of investment experience and approximately $1.5 trillion in assets under management as of February 28, 2021. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.franklintempleton.com%2F&amp;esheet=52410165&amp;newsitemid=20210412005712&amp;lan=en-US&amp;anchor=franklintempleton.com&amp;index=2&amp;md5=bfba0c0f0d6776df11f0c370f9755236\">franklintempleton.com<\/a> and follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ffranklin-templeton%2F&amp;esheet=52410165&amp;newsitemid=20210412005712&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=328ac96417aa08b098fa56fcb2e0845a\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FFTI_US&amp;esheet=52410165&amp;newsitemid=20210412005712&amp;lan=en-US&amp;anchor=Twitter&amp;index=4&amp;md5=08c5d4270bbb433c269a6a515345e6ce\">Twitter<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Ffranklintempleton%2F&amp;esheet=52410165&amp;newsitemid=20210412005712&amp;lan=en-US&amp;anchor=Facebook&amp;index=5&amp;md5=83c4650b2aa10ceb27fefabd790ac0b8\">Facebook<\/a>.\n<\/p>\n<p><i>Copyright \u00a9 2021. Franklin Templeton. All rights reserved.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210412005712r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210412005712\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210412005712\/en\/<\/a><\/span><\/p>\n<p>\nFranklin Templeton<br \/>\n<br \/>Corporate Communications:<br \/>\n<br \/>Lisa Tibbitts, (917) 674-8060, <a rel=\"nofollow\" href=\"mailto:Lisa.Tibbitts@franklintempleton.com\">lisa.tibbitts@franklintempleton.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Consulting Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Franklin Templeton Launches Corporate Social Responsibility Report Report Introduces Enhanced Global Citizenship Framework and Goals on ESG Investing, Environment, Diversity and Inclusion SAN MATEO, Calif.&#8211;(BUSINESS WIRE)&#8211; Franklin Templeton has launched its Corporate Social Responsibility (CSR) Report in recognition of the firm\u2019s long-standing belief that being a responsible corporate citizen is vital to the long-term sustainability of its business, in addition to the well-being of the communities in which its employees live and work. Franklin Templeton has established specific goals for fiscal year 2021 focused on three areas: environmental, social and governance (ESG) investing; the environment; and diversity and inclusion (D&amp;I). \u201cThe events of the past year, including the global pandemic and ongoing racial and social injustices, have further reinforced the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-launches-corporate-social-responsibility-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Franklin Templeton Launches Corporate Social Responsibility Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-474843","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Franklin Templeton Launches Corporate Social Responsibility Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-launches-corporate-social-responsibility-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Franklin Templeton Launches Corporate Social Responsibility Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Franklin Templeton Launches Corporate Social Responsibility Report Report Introduces Enhanced Global Citizenship Framework and Goals on ESG Investing, Environment, Diversity and Inclusion SAN MATEO, Calif.&#8211;(BUSINESS WIRE)&#8211; Franklin Templeton has launched its Corporate Social Responsibility (CSR) Report in recognition of the firm\u2019s long-standing belief that being a responsible corporate citizen is vital to the long-term sustainability of its business, in addition to the well-being of the communities in which its employees live and work. Franklin Templeton has established specific goals for fiscal year 2021 focused on three areas: environmental, social and governance (ESG) investing; the environment; and diversity and inclusion (D&amp;I). \u201cThe events of the past year, including the global pandemic and ongoing racial and social injustices, have further reinforced the &hellip; Continue reading &quot;Franklin Templeton Launches Corporate Social Responsibility Report&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-launches-corporate-social-responsibility-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-12T15:43:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210412005712r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/franklin-templeton-launches-corporate-social-responsibility-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/franklin-templeton-launches-corporate-social-responsibility-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Franklin Templeton Launches Corporate Social Responsibility Report\",\"datePublished\":\"2021-04-12T15:43:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/franklin-templeton-launches-corporate-social-responsibility-report\\\/\"},\"wordCount\":862,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/franklin-templeton-launches-corporate-social-responsibility-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210412005712r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/franklin-templeton-launches-corporate-social-responsibility-report\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/franklin-templeton-launches-corporate-social-responsibility-report\\\/\",\"name\":\"Franklin Templeton Launches Corporate Social Responsibility Report - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-launches-corporate-social-responsibility-report\/","og_locale":"en_US","og_type":"article","og_title":"Franklin Templeton Launches Corporate Social Responsibility Report - Market Newsdesk","og_description":"Franklin Templeton Launches Corporate Social Responsibility Report Report Introduces Enhanced Global Citizenship Framework and Goals on ESG Investing, Environment, Diversity and Inclusion SAN MATEO, Calif.&#8211;(BUSINESS WIRE)&#8211; Franklin Templeton has launched its Corporate Social Responsibility (CSR) Report in recognition of the firm\u2019s long-standing belief that being a responsible corporate citizen is vital to the long-term sustainability of its business, in addition to the well-being of the communities in which its employees live and work. Franklin Templeton has established specific goals for fiscal year 2021 focused on three areas: environmental, social and governance (ESG) investing; the environment; and diversity and inclusion (D&amp;I). \u201cThe events of the past year, including the global pandemic and ongoing racial and social injustices, have further reinforced the &hellip; Continue reading \"Franklin Templeton Launches Corporate Social Responsibility Report\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-launches-corporate-social-responsibility-report\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-12T15:43:05+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210412005712r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-launches-corporate-social-responsibility-report\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-launches-corporate-social-responsibility-report\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Franklin Templeton Launches Corporate Social Responsibility Report","datePublished":"2021-04-12T15:43:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-launches-corporate-social-responsibility-report\/"},"wordCount":862,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-launches-corporate-social-responsibility-report\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210412005712r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-launches-corporate-social-responsibility-report\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/franklin-templeton-launches-corporate-social-responsibility-report\/","name":"Franklin Templeton Launches Corporate Social Responsibility Report - 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