AMWatch

Fidelity plans to halve CO2 in investment portfolios by 2030

Fidelity International's target will initially be limited to portfolio companies' direct emissions and those that stem from energy the company buys, so-called Scope 1 and Scope 2 emissions. The manager intends to add Scope 3 emissions once it has access to better data.

Fidelity International unveiled plans to halve the carbon footprint of its investment portfolio by 2030. | Photo: Kirill Kudryavtsev/AFP/Ritzau Scanpix

Fidelity International unveiled plans to halve the carbon footprint of its investment portfolio by 2030, becoming the latest in a string of fund managers to make such pledges as the industry faces growing calls to stop enabling toxic emissions.

The London-based firm, which manages more than USD 785bn, is a founding member of the Net Zero Asset Managers Initiative.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch