Fidelity to reduce portfolio emissions by 50% by 2030

Business also commits to ‘gradual exit’ from thermal coal

clock • 2 min read
Fidelity International global head of stewardship and sustainable investing Jenn-Hui Tan
Image:

Fidelity International global head of stewardship and sustainable investing Jenn-Hui Tan

Fidelity International has committed to reduce CO2 emissions across its portfolio by 50% by 2030 and will introduce proprietary climate ratings to "guide this process".

The asset manager, which has total client assets of $787.1bn (£569.6bn), also committed to phasing out exposure to the thermal coal sector in Organisation for Economic Co-operation and Development ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Proposals on IHT pension changes need 'radical' revisions, industry says

Proposals on IHT pension changes need 'radical' revisions, industry says

Industry outlines alternative IHT/pension strategies as HMRC consultation closes

Jenna Brown
clock 22 January 2025 • 6 min read
News Digest: Applying IHT to pensions 'risks delays and higher costs'

News Digest: Applying IHT to pensions 'risks delays and higher costs'

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 22 January 2025 • 1 min read
Katharine Photiou: Looking to 2025, boosting outcomes, and 'incredible change' in the industry

Katharine Photiou: Looking to 2025, boosting outcomes, and 'incredible change' in the industry

L&G’s Katharine Photiou speaks to Holly Roach following her lifetime achievement recognition

Holly Roach
clock 21 January 2025 • 5 min read
Trustpilot