An active commitment to diversity and inclusion

Putnam is dedicated to creating a diverse and inclusive environment that embraces and recognizes the benefits of what makes each of us unique and different: gender, age, ethnicity, religious or cultural background, disability, marital or family status, sexual orientation, gender identity, and more.

Creating a culture where everyone can thrive

Putnam’s Office of Diversity and Inclusion, founded in 2008, is a central focus for our commitment.

One key responsibility of the office is championing Business Impact Groups that promote networking and engage hundreds of associates in constructive dialogue to make the company better on all levels. These circles of support focus on education and awareness, development, and retention, and help us build stronger relationships with and gain deeper insights into one other.

Initiatives from office of Diversity and Inclusion [Click logos to learn more about each group.]

Established in 2004, the Diversity Advisory Council includes members representing all levels of employees and all parts of our business. The council provides guidance on Putnam's overall diversity and inclusion efforts.

Advance a caring, affirming, and welcoming community that advocates for and celebrates Putnam’s LGBTQIA+ associates and allies.

Support and increase the diverse representation of women at Putnam and enable a culture of inclusion.

Advance the inclusion of Black associates by providing development opportunities and mentoring as well as creating a pipeline of diverse talent at all levels throughout the organization.

Foster celebration and respect for the different cultures, ethnicities, and religions of the world.

Support one another by sharing caregiving experiences and tips, and help guide members to Putnam benefit and wellness resources.

Leading with clear pillars for continuing improvement

Our goals for diversity and inclusion help us live up to Putnam’s guiding principles, which include creating value for investors and being the company of choice for talented professionals.

Accountability

Embrace a commitment to diversity and inclusion at all levels in our organization. Ensure the goals remain a leadership priority.

Communication

Communicate the value of diversity and inclusion – for each associate, the firm, our clients, and the community. Create space for and elevate voices not often heard.

Culture

Ensure an environment where all associates feel they belong and are respected, included, and encouraged to realize their greatest potential.

Talent management

Cultivate a diverse talent pool through initiatives that attract, retain, develop, and advance all individuals.

Measurement

Measure and track progress with transparency to drive continuous improvement.

Enacting a dream

This year represents 60 years since Dr. Martin Luther King’s “I have a dream” speech. In the climax of the speech, when he evokes the idea of integration, Dr. King preached that we all should have an equal chance for a slice of the economic pie being served. Here at Putnam, we continue our march to a truly integrated workplace, one that brings us all together and breaks down barriers to achieving Dr. King’s vision.

We’re creating access to opportunities for all associates, ensuring that everyone is included, and institutionalizing diversity and inclusion into all aspects of our business. The vision is for all associates to reach their maximum potential and have a sense of being part of an organization that is vested in helping them succeed.

We know there is more work to be done, but our leaders and associates are committed to ensuring that we all can achieve success and can all share in a slice of the pie.

Stephen R. Denny
Head of Human Resources, Diversity and Inclusion

For more on our initiatives and objectives — along with a complete listing of our programs, events, and initiatives — download our Diversity and Inclusion Annual Report (PDF).

Associate composition

We measure and track progress with transparency to drive continuous improvement.

Women

Overall

New hires

Promotions

Racially and/or
ethnically diverse
associates

Overall

New hires

Promotions

Source: Associate data is self-reported. Putnam internal data, as of December 31 for each full year shown. 2023 is through 3/31/23.

Partnership spotlight

Putnam is proud to be a mentor and to partner with Elegant Stitches, a certified Minority Business Enterprise and family-owned small business located in Pittsfield, MA. The relationship is an example of Putnam's commitment to diversifying our supplier mix, supporting our associates, and advancing our corporate sustainability practices.