San Mateo, CA, February 11, 2019 – Franklin Templeton is pleased to
announce that it has been selected for the 2019 Bloomberg Gender-Equality
Index (GEI), which distinguishes companies committed to transparency in
gender reporting and advancing women's equality. This is the third
consecutive year that Franklin Templeton has been selected for the index.
Jenny Johnson, President and Chief Operating Officer at Franklin Templeton,
commented: “We are delighted that Franklin Templeton’s commitment to
advancing diversity has been recognized again by the Bloomberg
Gender-Equality Index. Across our firm, we embrace individual differences
and the wealth of perspectives brought by global diversity. We know our
diversity helps us deliver excellent investment results and client service.
We foster a culture of inclusion because we value the talent and ideas
provided by individual experiences.”
Bloomberg's standardized reporting framework offers public companies the
opportunity to disclose information on how they promote gender equality
across four separate areas—company statistics, policies, community
engagement, and products and services. Reporting companies that score above
a globally-established threshold, based on the extent of disclosures and
the achievement of best-in-class statistics and policies, are included in
the GEI.
Sherry Dondo, VP of Talent Development and Diversity & Inclusion
(D&I) at Franklin Templeton, said: “Our firm has embraced numerous
measures to ensure and enhance diversity and equality. In 2017, our CEO
Greg Johnson signed the
CEO Action for Diversity and Inclusion pledge
, joining a group that now numbers more than 550 US business leaders
working toward elevating the discussions about D&I and creating a more
inclusive workplace. Last year, we launched an initiative with the
Ellevate Network
to advance the professional development of our female employees. In
addition, we have several employee-led Business Resource Groups that work
to enhance the understanding of diversity in the workplace and enrich our
culture of mutual respect.”
The Bloomberg Gender-Equality Index includes 230 companies from 10 sectors,
headquartered across 36 countries and regions. Collectively, these firms
have a combined market capitalization of $9 trillion and globally employ
more than 15 million people, of which seven million are women. Thirteen
markets are represented for the first time this year, including Argentina,
China, Israel and South Africa.
The framework is voluntary and has no associated costs. The GEI is a
reference index. All public companies can submit data to Bloomberg. Those
with a security listed on a U.S. exchange and a market capitalization of
USD1 billion or greater are eligible for index inclusion.
About Franklin Templeton
Franklin Resources, Inc. [NYSE:BEN] is a global investment management
organization operating as Franklin Templeton. Franklin Templeton’s goal is
to deliver better outcomes by providing global and domestic investment
management to retail, institutional and sovereign wealth clients in over
170 countries. Through specialized teams, the Company has expertise across
all asset classes, including equity, fixed income, alternatives and custom
multi-asset solutions. The Company’s more than 600 investment professionals
are supported by its integrated, worldwide team of risk management
professionals and global trading desk network. With employees in over 30
countries, the California-based company has more than 70 years of
investment experience and over $649 billion in assets under management as
of December 31, 2018. For more information, please visit franklintempleton.com.
# # #
Copyright © 2019. Franklin Templeton. All rights reserved.