Franklin Templeton Responds to Connecticut's Call to Address Economic and Racial Disparities

Franklin Templeton Responds to Connecticut's Call to Address Economic and Racial Disparities

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Franklin Templeton is proud to join the #CorporateCallToAction working group, led by CT @TreasurerWooden & @FordFoundation, alongside other companies committed to addressing structural racism & racial inequity across the nation. https://bit.ly/3mZ82ci
Monday, October 5, 2020 - 10:00am

CONTENT: Press Release

SAN MATEO, Calif., October 5, 2020 /3BL Media/ – Franklin Templeton is proud be part of the Corporate Call to Action Working Group, joining leading financial services companies that are committed to addressing structural racism and racial inequity in the United States.

More than a dozen companies have signed on to this initiative, which was spearheaded by the Connecticut Office of the Treasurer and the Ford Foundation. Together, these companies represent more than 375,000 employees, $460 billion in market capitalization and approximately $21 trillion in assets under management.

Franklin Templeton is commited to working on improving diversity within the company and advancing racial and economic security and opportunities both internally and externally.

The coaltion efforts will include increasing diversity at all levels of the workforce, senior leadership in particular; initiatives to identify and address racial pay and opportunity disparities; and more.

To learn more, view the joint press release from the State of Connecticut’s Office of the Treasurer and the Ford Foundation here.

About Franklin Resources

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, alternatives and custom multi-asset solutions. With offices in over 30 countries and 1,300 investment professionals, the California-based company has more than 70 years of investment experience and approximately $1.4 trillion in assets under management as of August 31, 2020. For more information, please visit franklintempleton.com and follow us on LinkedIn, Twitter and Facebook.