Investors failing to act on just transition, Fidelity International says
Investors are failing to act on calls to facilitate a 'just transition' to net zero, despite many believing it will have positive impacts on returns in the long run, according to a survey by Fidelity International.
Transition finance requires 'fundamental shift' in investor approach
Transition finance requires a "bigger leap of faith" than green bonds, as it requires a "fundamental shift" in approach from sustainable investors, according to MetLife Investment Management (MIM).
Taxonomy-linked 'greenwashing' rules could hurt EM transition financing
Regulations to tackle greenwashing which are tied to European 'green' taxonomies could inadvertently constrain "necessary" transition financing in emerging markets, according to Fidelity International.
Quantitative data is not 'cure' for transition transparency, honesty challenge
Disclosing more quantitative data will not be sufficient to "cure" issues around transparency and honesty in transition finance, investors told an Environmental Finance event.
Say-on-climate 'needs more evidence', says Fidelity
Fidelity International committed to continue voting in 'say on climate' votes, but it admitted more evidence is needed that they are leading to "real world emissions reductions".
Fidelity International to vote against company management for climate inaction
From 2022, US asset management giant Fidelity International will vote against management at companies that fail to address the climate change crisis.
Fidelity launches trio of ESG ETFs
Fidelity International is to extend its 'sustainable' range of funds, with the launch of three actively managed, exchange-traded funds (ETFs).