Putnam Investments

Massachusetts
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Clear
Lower Risk

Putnam Investments has not funded ideological organizations hostile to freedom of expression, though it does provide ESG funds for clients. Putnam does not discriminate against religious organizations in its charitable giving. There are no publicly known cases of Putnam terminating business relationships due to views or beliefs. However, Putnam uses its corporate reputation to support LGBTQ identities. For these reasons, Putnam 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

There are no publicly known cases of Putnam terminating business relationships due to 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

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

Criteria

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

Risk Level
Rationale

Putnam does not provide its employees with protections 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

Putnam has integrated DEI goals through the Putnam Pride Alliance (1). Putnam integrates ESG into all of its business practices through the ESG Leadership Committee (2).

Criteria

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

Risk Level
Rationale

Putnam does not use corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression (1). However, Putnam does provide ESG funds for clients (2). 

Criteria

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

Risk Level
N/A
Rationale

Putnam does not operate its PAC at this time (1).

All links were last accessed and all information was updated on:
September 29, 2023

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