Franklin Templeton

Brandywine Global
California
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Franklin Templeton vets vendors according to LGBTQ policies, though the company has not publicly terminated business relationships due to views or beliefs. Franklin Templeton also provides viewpoint protections for its employees. However, the company covers abortion-related travel costs and the cost of "medically necessary transition-related care" for its employees and their children. Franklin Templeton is a copper sponsor of Out & Equal and its specialist investment manager is part of Glasgow's Net Zero Alliance, a signatory of Climate Action 100+, and a Ceres Network member. However, it does not discriminate against religious organizations in its charitable giving and has not used its PAC contributions for ideological purposes. For these reasons, Franklin Templeton receives a Medium 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). However, there are no known instances of Franklin Templeton terminating business relationships because of views or 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)(2).

Criteria

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

Risk Level
Rationale

Franklin Templeton provides protections against viewpoint discrimination for its employees (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 has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). Franklin Templeton Investments and its specialist investment manager Brandywine Global are part of the Net Zero Asset Managers initiative, committed to carbon neutrality with its investment by 2050 (3)(4). Franklin Templeton and subsidiary Brandywine Global are signatories of Climate Action 100+ and Franklin Templeton is a Ceres Network Member (5)(6). The CEO of Franklin Templeton has signed the CEO Action for Diversity and Inclusion Pledge (7). Franklin Templeton held multiple corporate events celebrating Pride Month, including drag queen bingo and pronoun discussions (8).

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). Franklin Templeton is a copper sponsor of Out & Equal (2).

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:
August 18, 2023

Company reports are intended for educational use only. Full Disclaimer

Generate Reports
Clear
Toast