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

Fidelity Investments

PRI reporting framework 2020

Export Public Responses
Pdf-img

You are in Strategy and Governance » Promoting responsible investment

Promoting responsible investment

SG 09. Collaborative organisations / initiatives

09.1. Select the collaborative organisation and/or initiatives of which your organisation is a member or in which it participated during the reporting year, and the role you played.

Select all that apply

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

Fidelity participates in the Sustainable Development Goals & Active Ownership PRI working groups. 

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

Fidelity is member of the Ceres Investor Network and is involved with other investors through other investment and governance organizations. There are periodic meetings and calls with other investors at which a wide range of governance issues are discussed. Fidelity actively participates in several Ceres working groups focused on carbon disclosure and water risks.

          SASB
        

Your organisation’s role in the initiative during the reporting year (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

Fidelity is an active participant in SASB's investor advisory group. This group allows participants to collaborate on and review initiatives such as the UN Sustainable Development Goals, and receive updates on progress regarding collaborative company engagement initiatives. We believe it is vital to create standards for sustainability disclosure in order to evaluate companies in an accurate and effective manner.

          Task Force on Climate-Related Financial Disclosures (TCFD)
        

Your organisation’s role in the initiative during the reporting year (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

Fidelity is a public supporter of the Financial Stability Board (FSB) Task Force on Climate-Related Financial Disclosures (TCFD).  As a long-term investor, Fidelity supports climate-related disclosures from companies that provide meaningful information to the investment management process.  Supporting the TCFD formalizes our ongoing commitment to enhancing our consideration of ESG factors, including climate-related factors, in our investment process.

          Focusing Capital on the Long Term (FCLT) Global
        

Your organisation’s role in the initiative during the reporting year (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

As a long-term investment manager, Fidelity has always believed in the power of long-termism in investing. Focusing Capital on the Long Term (FCLT) Global is focused on spreading a long-term value approach to investing while mitigating long-term risk. As members of FCLT, our organization is aligned to support the principles outlined for investment managers to be more long-term focused. We believe that this approach to investing is vital in order to safeguard the long-term savings of our customers.

          30% Club
        

Your organisation’s role in the initiative during the reporting year (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

The 30% Club sets an objective of achieving gender balance on boards and in senior management, tracking progress towards a target of 30% female diversity. We joined the 30% club because we focus on this issue and believe that diverse boards better enable companies to compete in the global marketplace, attract and retain top talent, and create long-term shareholder value.


SG 09.2. Assets managed by PRI signatories (Private)


SG 10. Promoting RI independently

10.1. Indicate if your organisation promotes responsible investment, independently of collaborative initiatives.

10.2. Indicate the actions your organisation has taken to promote responsible investment independently of collaborative initiatives. Provide a description of your role in contributing to the objectives of the selected action and the typical frequency of your participation/contribution.

Description

          Our investment professionals participate in various training and education programs for clients, including financial and product discussions, research, and Question and Answer on RIA panels, Bloomberg TV, CNBC, LinkedIn, and Twitter.  Fidelity frequently hosts public webinars and publishes research on Fidelity.com reviewing ESG basics, ESG market landscape, and how to evaluate portfolio impact.
        

Frequency of contribution

Description

          Fidelity has made financial contributions to two entities focused on research.
        

Frequency of contribution

Description

          Fidelity is a signatory of the Task Force for Climate-related Financial Disclosure and encourages companies and industries to provide greater transparency on key metrics using the TCFD and SASB frameworks as guidance.
        

Frequency of contribution

Description

          Our Head of ESG Stewardship, Head of ESG Investing, and ESG analysts speak publicly at events and conferences, promoting responsible investment to retail clients, RIAs, plan sponsors, and consultants.
        

Frequency of contribution

Description

          ESG factors are part of the research mosaic our portfolio managers and analysts use to evaluate their investment opportunities and build their investment thesis. To this end, we are committed to providing our investment teams with published research to inform their investment decisions about individual securities.  This includes research and data on ESG topics to aid in the evaluation of companies we invest in.
        

Frequency of contribution

Description

          As signatory to PRI, we are held accountable for ensuring that we uphold those principles, and we are committed to this.
        

Frequency of contribution

Description

          Fidelity published, and communicated via webinars, topics on responsible investment.  These topics included, but were not limited to, ESG characteristics, measuring impact using screening, demand for ESG products, and performance implications for ESG investing.
        

Frequency of contribution

Description

          Fidelity is a member of the Sustainable Development Goals & Active Ownership PRI working groups.
        

Frequency of contribution

10.3. Describe any additional actions and initiatives that your organisation has taken part in during the reporting year to promote responsible investment [Optional]


SG 11. Dialogue with public policy makers or standard setters (Private)


Top