Our purpose is to work together to build better financial futures. This highlights the importance of collaboration to our business - working together as colleagues and in partnership with our clients - and underlines our focus on sustainable, long-term outcomes. For this reason, sustainability is incorporated into business operations, as well as our investment process.
Our goal is to create a safe and healthy work environment. We are committed to building a culture where all our employees feel welcomed, valued and supported.
We are proud to currently be the only asset manager to be recognised as a Stonewall Top Global Employer for our efforts on LGBT+ Inclusion and Equality. In 2019, we achieved our target to have 30% of senior management positions globally held by women and have since set a new target of 35% for December 2023. Our company-wide Enhanced Parental Leave policy also enables fathers and secondary carers to take the same amount of paid leave as mothers and primary carers.
We aim to conduct current and future business operations in a sustainable manner to minimise our impact on the environment. Our Environmental Sustainability framework is designed to ensure pollution prevention, carbon reduction, waste minimisation and responsible use of resources.
Climate change is arguably the most pressing threat facing our planet and we are committed to achieving net zero emissions by 2030 for Fidelity’s operational emissions. We are also signatories of Climate Action 100+, a supporter of the Taskforce on Climate-Related Financial Disclosure (TCFD) and members of a number of bodies, including the Institutional Investors Group on Climate Change (IIGCC) and the Carbon Disclosure Project.
Financial inclusion is an essential part of improving people’s social and economic mobility. We are passionate about improving access for those that have traditionally been excluded through education and advocacy.
Our employee Corporate Social Responsibility Committees donate almost US$1m a year to causes in their local communities, with a strong focus on tackling social disadvantage and the environment.
Supply chain sustainability has been one of our main engagement themes as investors and we apply the same standards and rules to our own supply chain. Our suppliers are expected to comply with our Supplier Code of Conduct which sets out our standards, values and principles.
Our Responsible Supply Chain Programme focuses on three key pillars:
We do not tolerate modern slavery or human trafficking within our business and take a risk-based approach to managing our supply chain.
Through our engagement, we aim to encourage better practices amongst our investee companies to increase transparency and disclosure regarding supply chain management. This should ensure systematic monitoring of human rights in company supply chains.