Putnam Investments

Climate Impact & Sustainability Data (2019, 2020)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:Not disclosed

Scope 1 Emissions:Not disclosed

Scope 2 Emissions:Not disclosed

Scope 3 Emissions:Not disclosed

Renewable Energy Share:Not disclosed

Total Energy Consumption:Not disclosed

Water Consumption:Not disclosed

Waste Generated:Not disclosed

Carbon Intensity:Reported for both portfolios, compared to benchmarks.

ESG Focus Areas

Environmental
Social
Governance

Environmental Achievements

Improved MSCI ESG portfolio peer relative ranking for both Putnam Sustainable Leaders Fund and Putnam Sustainable Future Fund.
Putnam Sustainable Future Fund shows considerably lower carbon intensity than the S&P 500.

Social Achievements

Increased weighted average female representation on boards of directors in both portfolios, exceeding their respective benchmarks.
Higher-than-market representation of companies with 30% or more female board members.

Governance Achievements

Not disclosed

Climate Goals & Targets

Long-term Goals:

Not disclosed

Medium-term Goals:

Not disclosed

Short-term Goals:

Not disclosed

Environmental Challenges

High carbon intensity in Putnam Sustainable Leaders Fund due to utility holdings.
Lack of complete standardization and data in ESG metrics.

Mitigation Strategies

Selective investment in carbon-intensive companies with demonstrated commitment to renewable energy transition and transparent reporting.
Focus on context-specific analysis and forward-looking projections rather than solely relying on historical data.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

Walmart's collaboration with The Sustainability Consortium to create a Sustainability Index for products.

Climate-Related Risks & Opportunities

Physical Risks

Not disclosed

Transition Risks

Not disclosed

Opportunities

Investment in companies transitioning away from carbon-intensive energy sources.

Reporting Standards

Frameworks Used: SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

SDG #3 (Good Health & Well-Being)
SDG #7 (Affordable and Clean Energy)
SDG #13 (Climate Action)
SDG #15 (Life on Land)
SDG #5 (Gender Equality)
SDG #8 (Decent Work and Economic Growth)
SDG #10 (Reduced Inequalities)
SDG #1 (No Poverty)
SDG #4 (Quality Education)
SDG #9 (Industry, Innovation, and Infrastructure)
SDG #12 (Responsible Consumption and Production)

Investments in companies addressing various SDGs through product offerings and operational practices.

Sustainable Products & Innovation

McCormick's low-sugar spices and seasonings
Simply Good Foods' low-sugar snacks
Nomad Foods' plant-based meals
Ecolab's water-efficient products
DocuSign's digital document management tools

Awards & Recognition

Not disclosed

Reporting Period: 2020