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Franklin Templeton announces that its new Franklin Green Target Income 2024 Fund, launched in May 2019, has received an ESG (Environmental, Social, Governance) label by the Luxembourg Finance Labelling Agency (LuxFLAG), an independent and international non-profit association, which aims to promote the raising of capital for the responsible investment sector by granting a recognisable label to eligible investment vehicles.
David Zahn, Head of European Fixed Income at Franklin Templeton, commented: “We are delighted to have been granted the use of the ESG label from LuxFLAG, which is known for its high standards and rigorous assessment of funds’ investment policies. This label further validates our approach of applying an ESG focus to high-yield assets, which we believe...
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