Download data
A Global Canopy project
Menu

Select an assessment year:

Download data
  • Overall approach
    1/10
    • Overarching commitment on deforestation
      0/6
    • Deforestation as a business risk
      0/2
    • Target to reduce emissions in scope 1/2
      Yes
      0/0
      Type of climate target: Other/unclear

      What is the target date for the financial institution to achieve their climate target?: 2040
      "We expect investee companies to have policies in place to reduce carbon and other greenhouse gas emissions. They should also have the ability to meet potential regulation on climate change, e.g. via the management of their energy mix (the proportion of energy provided by fossil fuel, renewable, nuclear and others), a strategy to reduce scope 3 emissions (greenhouse gas emissions beyond a company’s direct control but within its value chain), and carbon price assumptions."; "Fidelity International has committed to be net zero by 2040 or earlier, our asset management initiatives support net zero emissions on or before 2050 and our workplace investing business will be net zero by 2050 or earlier in its FutureWise default strategy." 
      Open source document Open source document
    • Company must have anti-corruption policy
      1/2
      Yes, either an anti-corruption policy or a policy on prohibiting abusive tax arrangements
      1/2
      "The board should ensure that the company fosters a culture of acting lawfully, ethically and responsibly. To this end, the board should ensure that the company has adequate whistle blower, anti-bribery and corruption policies in place and is actively monitoring the application of those policies.
      Open source document
  • Commodity score
    8/90
    • Beef & Leather
      0/90
      • Commitment Strength
        0/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          0/4.6
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        0/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Palm oil
      16/90
      • Commitment Strength
        6/31
        • Commodity-specific deforestation financing policy
          6.3/9.6
          • Commitment details
            Zero-net deforestation
            5/8
            Commitment details
            Zero-net deforestation
            5/8
            "As investors, we constantly assess biodiversity risks and believe it is essential for the companies we invest in to conduct biodiversity impact assessments of their operations and supply chains, and to achieve net zero deforestation objectives within clear timeframes. Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "As investors, we constantly assess biodiversity risks and believe it is essential for the companies we invest in to conduct biodiversity impact assessments of their operations and supply chains, and to achieve net zero deforestation objectives within clear timeframes. Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "As investors, we constantly assess biodiversity risks and believe it is essential for the companies we invest in to conduct biodiversity impact assessments of their operations and supply chains, and to achieve net zero deforestation objectives within clear timeframes. Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "As investors, we constantly assess biodiversity risks and believe it is essential for the companies we invest in to conduct biodiversity impact assessments of their operations and supply chains, and to achieve net zero deforestation objectives within clear timeframes. Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            "As investors, we constantly assess biodiversity risks and believe it is essential for the companies we invest in to conduct biodiversity impact assessments of their operations and supply chains, and to achieve net zero deforestation objectives within clear timeframes. Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
        • Companies must be legally operated
          0/4.6
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        5/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          3.4/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            "We expect companies to practice fair treatment of workers, including contractors and sub-contractors, and we look for decent wages, collective bargaining policies, freedom of association and grievance mechanisms. These expectations also apply to companies’ supply chains, to the extent that they should take responsibility, and be able to account for both the human and materials/produce sourcing side of their supply chains. Companies should have measures in place to ensure suppliers meet a code of conduct, applicable to tier 2 (and below) suppliers, with robust policies and training in place to help find and mitigate against instances of modern slavery. And companies should be able to trace suppliers’ compliance with its code to the source. "
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "We expect companies to practice fair treatment of workers, including contractors and sub-contractors, and we look for decent wages, collective bargaining policies, freedom of association and grievance mechanisms. These expectations also apply to companies’ supply chains, to the extent that they should take responsibility, and be able to account for both the human and materials/produce sourcing side of their supply chains. Companies should have measures in place to ensure suppliers meet a code of conduct, applicable to tier 2 (and below) suppliers, with robust policies and training in place to help find and mitigate against instances of modern slavery. And companies should be able to trace suppliers’ compliance with its code to the source. "
            Open source document
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "We expect companies to practice fair treatment of workers, including contractors and sub-contractors, and we look for decent wages, collective bargaining policies, freedom of association and grievance mechanisms. These expectations also apply to companies’ supply chains, to the extent that they should take responsibility, and be able to account for both the human and materials/produce sourcing side of their supply chains. Companies should have measures in place to ensure suppliers meet a code of conduct, applicable to tier 2 (and below) suppliers, with robust policies and training in place to help find and mitigate against instances of modern slavery. And companies should be able to trace suppliers’ compliance with its code to the source. "
            Open source document
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "We expect companies to practice fair treatment of workers, including contractors and sub-contractors, and we look for decent wages, collective bargaining policies, freedom of association and grievance mechanisms. These expectations also apply to companies’ supply chains, to the extent that they should take responsibility, and be able to account for both the human and materials/produce sourcing side of their supply chains. Companies should have measures in place to ensure suppliers meet a code of conduct, applicable to tier 2 (and below) suppliers, with robust policies and training in place to help find and mitigate against instances of modern slavery. And companies should be able to trace suppliers’ compliance with its code to the source. "
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "We expect companies to practice fair treatment of workers, including contractors and sub-contractors, and we look for decent wages, collective bargaining policies, freedom of association and grievance mechanisms. These expectations also apply to companies’ supply chains, to the extent that they should take responsibility, and be able to account for both the human and materials/produce sourcing side of their supply chains. Companies should have measures in place to ensure suppliers meet a code of conduct, applicable to tier 2 (and below) suppliers, with robust policies and training in place to help find and mitigate against instances of modern slavery. And companies should be able to trace suppliers’ compliance with its code to the source." [...] "Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          1.9/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "We believe that welcoming and inclusive organizations that hire, foster, promote, and remunerate employees on the basis of merit and without regard for gender, age, ethnicity, religion, sexual orientation, economic background, disability, or other factors make better use of their human capital. Moreover, an increasing body of research has shown that organizations that promote diversity are more productive and better performing. Portfolio companies are therefore encouraged to establish comprehensive and effective non-discrimination policies and actively ensure that these policies are upheld."
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "We believe that welcoming and inclusive organizations that hire, foster, promote, and remunerate employees on the basis of merit and without regard for gender, age, ethnicity, religion, sexual orientation, economic background, disability, or other factors make better use of their human capital. Moreover, an increasing body of research has shown that organizations that promote diversity are more productive and better performing. Portfolio companies are therefore encouraged to establish comprehensive and effective non-discrimination policies and actively ensure that these policies are upheld."
            Open source document
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "We believe that welcoming and inclusive organizations that hire, foster, promote, and remunerate employees on the basis of merit and without regard for gender, age, ethnicity, religion, sexual orientation, economic background, disability, or other factors make better use of their human capital. Moreover, an increasing body of research has shown that organizations that promote diversity are more productive and better performing. Portfolio companies are therefore encouraged to establish comprehensive and effective non-discrimination policies and actively ensure that these policies are upheld."
            Open source document
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "We believe that welcoming and inclusive organizations that hire, foster, promote, and remunerate employees on the basis of merit and without regard for gender, age, ethnicity, religion, sexual orientation, economic background, disability, or other factors make better use of their human capital. Moreover, an increasing body of research has shown that organizations that promote diversity are more productive and better performing. Portfolio companies are therefore encouraged to establish comprehensive and effective non-discrimination policies and actively ensure that these policies are upheld."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Manufacturers
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Manufacturers
            0.2/0.4
            "We believe that welcoming and inclusive organizations that hire, foster, promote, and remunerate employees on the basis of merit and without regard for gender, age, ethnicity, religion, sexual orientation, economic background, disability, or other factors make better use of their human capital. Moreover, an increasing body of research has shown that organizations that promote diversity are more productive and better performing. Portfolio companies are therefore encouraged to establish comprehensive and effective non-discrimination policies and actively ensure that these policies are upheld." [...] "Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        5/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Annual or more frequent review
          2/2
          Policy is reviewed and updated
          Annual or more frequent review
          2/2
          "SIOC meets monthly to review the sustainable investing activities of the firm and this Policy is reviewed and updated at least annually (and more frequently as required)."
          Open source document
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          Fidelity in position to have constructive dialogues with corporates and work towards superior ESG outcomes. Therefore, our preferred course, as active owners, is to engage rather than exclude. [...] That said, Fidelity will consider the exclusion of companies from our investment universe based on specific ESG criteria. We adopt a principlesbased approach to ESG matters, and as part of this, we place companies which we regard as unsuitable investments on an Exclusion List. When deciding on whether to exclude a company we are guided by international conventions, particularly the Convention on Cluster Munitions, the International Convention on the Prohibition of the use of, stockpiling, production, and transfer of Anti-Personnel Mines, guidance from the United Nations, The World Bank, and other global regulations which uphold ESG principles.
          Open source document
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Soy
      16/90
      • Commitment Strength
        6/31
        • Commodity-specific deforestation financing policy
          6.4/9.6
          • Commitment details
            Zero-net deforestation
            5/8
            Commitment details
            Zero-net deforestation
            5/8
            "As investors, we constantly assess biodiversity risks and believe it is essential for the companies we invest in to conduct biodiversity impact assessments of their operations and supply chains, and to achieve net zero deforestation objectives within clear timeframes. Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "As investors, we constantly assess biodiversity risks and believe it is essential for the companies we invest in to conduct biodiversity impact assessments of their operations and supply chains, and to achieve net zero deforestation objectives within clear timeframes. Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "As investors, we constantly assess biodiversity risks and believe it is essential for the companies we invest in to conduct biodiversity impact assessments of their operations and supply chains, and to achieve net zero deforestation objectives within clear timeframes. Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "As investors, we constantly assess biodiversity risks and believe it is essential for the companies we invest in to conduct biodiversity impact assessments of their operations and supply chains, and to achieve net zero deforestation objectives within clear timeframes. Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Manufacturers
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Manufacturers
            0.2/0.4
            "As investors, we constantly assess biodiversity risks and believe it is essential for the companies we invest in to conduct biodiversity impact assessments of their operations and supply chains, and to achieve net zero deforestation objectives within clear timeframes. Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
        • Companies must be legally operated
          0/4.6
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        5/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          3.4/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            "We expect companies to practice fair treatment of workers, including contractors and sub-contractors, and we look for decent wages, collective bargaining policies, freedom of association and grievance mechanisms. These expectations also apply to companies’ supply chains, to the extent that they should take responsibility, and be able to account for both the human and materials/produce sourcing side of their supply chains. Companies should have measures in place to ensure suppliers meet a code of conduct, applicable to tier 2 (and below) suppliers, with robust policies and training in place to help find and mitigate against instances of modern slavery. And companies should be able to trace suppliers’ compliance with its code to the source. "
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "We expect companies to practice fair treatment of workers, including contractors and sub-contractors, and we look for decent wages, collective bargaining policies, freedom of association and grievance mechanisms. These expectations also apply to companies’ supply chains, to the extent that they should take responsibility, and be able to account for both the human and materials/produce sourcing side of their supply chains. Companies should have measures in place to ensure suppliers meet a code of conduct, applicable to tier 2 (and below) suppliers, with robust policies and training in place to help find and mitigate against instances of modern slavery. And companies should be able to trace suppliers’ compliance with its code to the source. "
            Open source document
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "We expect companies to practice fair treatment of workers, including contractors and sub-contractors, and we look for decent wages, collective bargaining policies, freedom of association and grievance mechanisms. These expectations also apply to companies’ supply chains, to the extent that they should take responsibility, and be able to account for both the human and materials/produce sourcing side of their supply chains. Companies should have measures in place to ensure suppliers meet a code of conduct, applicable to tier 2 (and below) suppliers, with robust policies and training in place to help find and mitigate against instances of modern slavery. And companies should be able to trace suppliers’ compliance with its code to the source. "
            Open source document
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "We expect companies to practice fair treatment of workers, including contractors and sub-contractors, and we look for decent wages, collective bargaining policies, freedom of association and grievance mechanisms. These expectations also apply to companies’ supply chains, to the extent that they should take responsibility, and be able to account for both the human and materials/produce sourcing side of their supply chains. Companies should have measures in place to ensure suppliers meet a code of conduct, applicable to tier 2 (and below) suppliers, with robust policies and training in place to help find and mitigate against instances of modern slavery. And companies should be able to trace suppliers’ compliance with its code to the source. "
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "We expect companies to practice fair treatment of workers, including contractors and sub-contractors, and we look for decent wages, collective bargaining policies, freedom of association and grievance mechanisms. These expectations also apply to companies’ supply chains, to the extent that they should take responsibility, and be able to account for both the human and materials/produce sourcing side of their supply chains. Companies should have measures in place to ensure suppliers meet a code of conduct, applicable to tier 2 (and below) suppliers, with robust policies and training in place to help find and mitigate against instances of modern slavery. And companies should be able to trace suppliers’ compliance with its code to the source. " [...] " Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          1.9/5.6
          • Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            Commitment details
            Companies must address gender related worker and labour rights only for own operations - Encouraged
            0.5/4
            "We believe that welcoming and inclusive organizations that hire, foster, promote, and remunerate employees on the basis of merit and without regard for gender, age, ethnicity, religion, sexual orientation, economic background, disability, or other factors make better use of their human capital. Moreover, an increasing body of research has shown that organizations that promote diversity are more productive and better performing. Portfolio companies are therefore encouraged to establish comprehensive and effective non-discrimination policies and actively ensure that these policies are upheld."
            Open source document
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "We believe that welcoming and inclusive organizations that hire, foster, promote, and remunerate employees on the basis of merit and without regard for gender, age, ethnicity, religion, sexual orientation, economic background, disability, or other factors make better use of their human capital. Moreover, an increasing body of research has shown that organizations that promote diversity are more productive and better performing. Portfolio companies are therefore encouraged to establish comprehensive and effective non-discrimination policies and actively ensure that these policies are upheld."
            Open source document
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "We believe that welcoming and inclusive organizations that hire, foster, promote, and remunerate employees on the basis of merit and without regard for gender, age, ethnicity, religion, sexual orientation, economic background, disability, or other factors make better use of their human capital. Moreover, an increasing body of research has shown that organizations that promote diversity are more productive and better performing. Portfolio companies are therefore encouraged to establish comprehensive and effective non-discrimination policies and actively ensure that these policies are upheld."
            Open source document
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "We believe that welcoming and inclusive organizations that hire, foster, promote, and remunerate employees on the basis of merit and without regard for gender, age, ethnicity, religion, sexual orientation, economic background, disability, or other factors make better use of their human capital. Moreover, an increasing body of research has shown that organizations that promote diversity are more productive and better performing. Portfolio companies are therefore encouraged to establish comprehensive and effective non-discrimination policies and actively ensure that these policies are upheld."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Manufacturers
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Manufacturers
            0.2/0.4
            "We believe that welcoming and inclusive organizations that hire, foster, promote, and remunerate employees on the basis of merit and without regard for gender, age, ethnicity, religion, sexual orientation, economic background, disability, or other factors make better use of their human capital. Moreover, an increasing body of research has shown that organizations that promote diversity are more productive and better performing. Portfolio companies are therefore encouraged to establish comprehensive and effective non-discrimination policies and actively ensure that these policies are upheld." "Such companies include producers of palm oil, cocoa or soy, or food manufacturers."
            Open source document
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        5/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Annual or more frequent review
          2/2
          Policy is reviewed and updated
          Annual or more frequent review
          2/2
          "SIOC meets monthly to review the sustainable investing activities of the firm and this Policy is reviewed and updated at least annually (and more frequently as required)."
          Open source document
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          "Fidelity in position to have constructive dialogues with corporates and work towards superior ESG outcomes. Therefore, our preferred course, as active owners, is to engage rather than exclude. [...] That said, Fidelity will consider the exclusion of companies from our investment universe based on specific ESG criteria. We adopt a principlesbased approach to ESG matters, and as part of this, we place companies which we regard as unsuitable investments on an Exclusion List. When deciding on whether to exclude a company we are guided by international conventions, particularly the Convention on Cluster Munitions, the International Convention on the Prohibition of the use of, stockpiling, production, and transfer of Anti-Personnel Mines, guidance from the United Nations, The World Bank, and other global regulations which uphold ESG principles."
          Open source document
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Timber, Pulp & Paper
      0/90
      • Commitment Strength
        0/31
        • Commodity-specific deforestation financing policy
          0/9.6
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          0/4.6
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        0/27
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        0/31
        • Commitments must be timebound
          No
          0/5
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant companies
          No
          0/5
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
  • Commitment strength
    3/31
    Avg. score
  • Reporting and Implementation
    2/31
    Avg. score
  • Social considerations
    2/28
    Avg. score

Profile

Fidelity Investments are a financial services company headquartered in the US offering investment and asset management services for individuals and institutions. Their services include annuities, workplace pensions, wealth management and institutional investment products. As of 2017, Fidelity has 2.4 trillion USD in global assets under management and 6.5 trillion USD of customer assets in total. Fidelity Investments are one of the top shareholders in Forest 500 companies, including cosmetics, food, construction and agriculture.

HQ
HQ 
United States

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

Full finance sector performance data Forest 500 assessment methodology

More financial institutions

National Australia Bank
6%
East West Banking Corporation
0%
Lincoln National Corp.
0%
Atmos Capital Gestão de Recursos Ltda
0%
Dynamo - Administração de Recursos
0%
Export Import Bank of Thailand
0%

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.