Putnam Investments does not provide viewpoint protections for its employees but has not publicly terminated business relationships based on views or beliefs. Putnam is a signatory of the Principles for Responsible Investment and supports ESG within its business practices. The company supports DEI within its business practices but has not used corporate funds for ideological purposes. Putnam does not discriminate against charitable organizations based on views or beliefs and has not used its political contributions for ideological purposes. For these reasons, Putnam receives a Lower Risk rating.