This report shows public data only. Is this your organisation? If so, login here to view your full report.

Fidelity International

PRI reporting framework 2017

You are in Direct - Listed Equity Active Ownership » Engagement » Overview


LEA 01. Description of approach to engagement

New selection options have been added to this indicator. Please review your prefilled responses carefully.

01.1. Indicate whether your organisation has a formal engagement policy.

01.2. Indicate what your engagement policy covers:

01.3. Attach or provide a URL to your engagement policy. [Optional]

01.4. Provide a brief overview of your organization’s approach to engagement

We adopt a positive engagement approach whereby we discuss ESG issues with the management of the companies in which we invest, or are considering investing, on behalf of our clients. We believe it is an advantage to us and our clients to build positive relationships with our investee companies as this enhances our ability to introduce constructive change where required.

We use the information gathered both to inform our investment decisions and also to encourage the company’s management to improve procedures and policies.  We believe that this is the most effective way to improve corporate responsibility in our investee companies.

Although the investment team meets the companies on an ongoing basis, members of our ESG team also attend these company meetings when specific ESG issues are being addressed.  They work with the investment team to determine the objectives of the engagement, how best to achieve them and then will ultimately discuss the results of the engagement with the investment team and any additional information relevant to our investment decision.  Our ESG engagements are both proactive and reactive in nature and they are mostly are conducted with our current investee companies.

We provide our clients with engagement examples quarterly.

01.5. Additional information [optional]

LEA 02. Reasoning for interaction on ESG issues (Not Completed)