STOCK TITAN

Jackie VanderBrug Receives 2024 Joan Bavaria Award

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Jackie VanderBrug, Head of Sustainability Strategy at Putnam Investments, a Franklin Templeton company, has been named one of three recipients of the 2024 Joan Bavaria Award. The award recognizes influential work in developing gender lens investing. VanderBrug, along with Joy Anderson and the late Suzanne Biegel, was honored for catalyzing positive change in capital markets. The award presentation took place in Chicago during US SIF's Forum 2024.

VanderBrug leads Putnam's ESG-focused business functions, including stewardship, engagement, partnerships, and ESG strategy and integration. She co-authored the book 'Gender Lens Investing: Uncovering Opportunities for Growth, Returns, and Impact' in 2015. The award judges included leaders from Ceres, US SIF, and Trillium Asset Management, organizations founded or co-founded by Joan Bavaria.

Positive
  • Recognition of VanderBrug's work in gender lens investing may enhance Franklin Templeton's (BEN) reputation in ESG investing
  • VanderBrug's role as Head of Sustainability Strategy at Putnam Investments indicates BEN's commitment to ESG integration
Negative
  • None.

NORTHAMPTON, MA / ACCESSWIRE / July 16, 2024 / Franklin Templeton

Putnam Investments' Jackie VanderBrug has been announced as one of three winners of the 2024 Joan Bavaria Award, which is awarded for catalysing positive change in the capital markets. This year's award specifically recognizes the influential and collaborative work in developing the field of gender lens investing*. The award continues the legacy of the late Joan Bavaria, whose pioneering work is viewed as helping to catalyze positive change in capital markets.

The award presentation was held in Chicago in June, during US SIF's (Sustainable Investment Forum) Forum 2024. The award committee included Mindy Lubber, CEO and President of Ceres, Maria Lettini, CEO of US SIF, and Matthew Patsky, CEO of Trillium Asset Management. Each of these judges lead organizations that were founded or co-founded by Ms. Bavaria, who died in 2008 following a long battle with ovarian cancer.

The other recipients of the 2024 award are Joy Anderson (Founder and President of Criterion Institute), and Suzanne Biegel (posthumously) of Women Effect, and later GenderSmart.

"It is exciting to see recognition across the investment landscape that a gender lens is a powerful tool in identifying opportunities and risks in an increasingly dynamic global environment. The diversity of gender lens investment approaches demonstrates both the insights available and the client interest," said VanderBrug.

Jackie VanderBrug is Head of Sustainability Strategy at Putnam Investments, a Franklin Templeton company. She is responsible for leading Putnam's ESG-focused business functions, including stewardship, engagement, partnerships, and ESG strategy and integration. She is co-author of the 2015 book Gender Lens Investing: Uncovering Opportunities for Growth, Returns, and Impact and a co-trustee of Heading for Change.

Judging criteria included a subjective assessment of the nominee's initiatives or accomplishments that have been the most impactful. This involved consideration of how these achievements reflect a sustained and comprehensive commitment toward maintaining long-term impact in the capital markets. Nominees provided specific examples to convey how their individual accomplishments are especially visionary, groundbreaking, or otherwise unique. Judges also assessed three sources (e.g. press release/coverage, endorsement, or publications) relevant to the nominee's work.

Important Information

Franklin Templeton did not provide any compensation for Jackie to be considered for this award.

This material is intended to be of general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. It does not constitute legal or tax advice. The views expressed are those of the investment manager and the comments, opinions and analyses are rendered as at publication date and may change without notice. Franklin Templeton has certain environmental, social and governance (ESG) goals or capabilities; however, not all strategies are managed to "ESG" oriented objectives. Integrating ESG considerations into the investment process is not a guarantee that better performance will be achieved. All investments involve risks, including possible loss of principal. Data from third party sources may have been used in the preparation of this material and Franklin Templeton has not independently verified, validated or audited such data. Franklin Templeton accepts no liability whatsoever for any loss arising from use of this information and reliance upon the comments, opinions and analyses in the material is at the sole discretion of the user.

About Franklin Templeton

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 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 offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.6 trillion in assets under management as of June 30, 2024. For more information, please visit franklintempleton.com and follow us on LinkedIn, X and Facebook.

View additional multimedia and more ESG storytelling from Franklin Templeton on 3blmedia.com.

Contact Info:
Spokesperson: Franklin Templeton
Website: https://www.3blmedia.com/profiles/franklin-templeton
Email: info@3blmedia.com

SOURCE: Franklin Templeton



View the original press release on accesswire.com

FAQ

Who won the 2024 Joan Bavaria Award and how does it relate to Franklin Templeton (BEN)?

Jackie VanderBrug, Head of Sustainability Strategy at Putnam Investments (a Franklin Templeton company), was one of three winners of the 2024 Joan Bavaria Award for her work in gender lens investing.

What is Jackie VanderBrug's role at Franklin Templeton (BEN) and how does it relate to ESG?

Jackie VanderBrug is Head of Sustainability Strategy at Putnam Investments, a Franklin Templeton company. She leads Putnam's ESG-focused business functions, including stewardship, engagement, partnerships, and ESG strategy and integration.

How might the 2024 Joan Bavaria Award impact Franklin Templeton's (BEN) ESG reputation?

The award recognition for Jackie VanderBrug's work in gender lens investing may enhance Franklin Templeton's reputation in ESG investing, potentially attracting more ESG-focused investors and clients.

What book did Jackie VanderBrug co-author related to gender lens investing?

Jackie VanderBrug co-authored the book 'Gender Lens Investing: Uncovering Opportunities for Growth, Returns, and Impact' in 2015, which aligns with her work recognized by the 2024 Joan Bavaria Award.

Franklin Resources, Inc.

NYSE:BEN

BEN Rankings

BEN Latest News

BEN Stock Data

10.87B
523.00M
46.71%
49.99%
4.17%
Asset Management
Investment Advice
Link
United States of America
SAN MATEO