I understand "meaning" here to signify reference, as in, "What is the object that Oscar and his twin refer to when they talk about 'water'?" The twins are psychologically identical, but it turns out that they refer to different objects by virtue of their environments. So meaning can't just be a matter of psychology.
I guess you might think that "meaning" is best understood as something other than reference. But that seems to be a starting point for Putnam.