Franklin Templeton

California
Diversified Financials

Risk Level:

Rating - Clear
Lower Risk

Summary:

Franklin Templeton has not terminated business relationships due to religious or political beliefs, though it does vet suppliers according to LGBTQ policies. Franklin Templeton protects employees from viewpoint discrimination. The company does cover costs for abortion travel, though it has not used its reputation to support ideological agendas externally. For these reasons, Franklin Templeton receives a "Lower Risk" rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Franklin Templeton received a score of 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means the company has pledged to vet vendors based on LGBTQ policies (1). There are no known instances of Franklin Templeton terminating business relationships because of political or religious beliefs.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Franklin Templeton does not discriminate against religious organizations in its charitable giving (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Franklin Templeton protects its employees against viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Franklin Templeton’s LGBTQ employee resource group has hosted various optional events for Pride Month (1). The company has not externally advocated for any ideological agendas.

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Franklin Templeton covers travel costs for employees’ abortions (1).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Franklin Templeton has not used its PAC donations for ideological purposes (1).

All links were last accessed and all information was updated on:
March 24, 2023

Company reports are intended for educational use only. Full Disclaimer

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