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Subject: Corporate Social Responsibility

Franklin Templeton Launches Corporate Social Responsibility Report

Franklin Templeton has launched its Corporate Social Responsibility (CSR) Report in recognition of the firm's 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&I).

"The 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," said Jenny Johnson, President and CEO. "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."

Franklin Templeton has established goals and key priorities for fiscal year 2021 within the following focus areas:

CSR Report Highlights

The report is organized around Franklin Templeton's six dimensions of CSR. In addition to ESG investing, the environment and D&I, this includes employee experience; community engagement; and responsible corporate practices.

"We 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," said Kristin Kosmides, Head of Global Citizenship, who led Legg Mason's CSR function from 2008 until its acquisition by Franklin Templeton in July 2020. "In 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."

Highlights of Franklin Templeton's CSR efforts include the following:

Franklin Templeton's CSR Report is available here.

About Franklin Templeton

Franklin 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's 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 franklintempleton.com and follow us on LinkedIn, Twitter and Facebook.

Copyright © 2021. Franklin Templeton. All rights reserved.

News published on 12 april 2021 at 11:45 and distributed by: