{"id":14415,"date":"2023-11-10T09:51:59","date_gmt":"2023-11-10T09:51:59","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=14415"},"modified":"2023-11-10T09:52:00","modified_gmt":"2023-11-10T09:52:00","slug":"fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/","title":{"rendered":"Fidelity to Vote Against Companies That Don\u2019t Meet Deforestation-Related Expectations"},"content":{"rendered":"<!--themify_builder_content-->\n<div id=\"themify_builder_content-14415\" data-postid=\"14415\" class=\"themify_builder_content themify_builder_content-14415 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n\n\n<p>Investment management firm Fidelity International announced the publication of its Nature Roadmap, outlining the company\u2019s approach to the integration of nature in its sustainable investments and stewardship processes, and setting a series of commitments including a pledge to begin voting against companies that fail to meet expectations on deforestation-related practices and disclosure from 2024.<\/p>\n\n\n\n<p>The new voting policy follows the signing by Fidelity at the 2021 COP26 UN climate conference of the Financial Sector Commitment Letter on Eliminating Commodity-Driven Deforestation, committing to use engagement and stewardship towards a best efforts goal to eliminate forest-risk agricultural commodity-driven deforestation activities in investment strategies by 2025.<\/p>\n\n\n\n<p>The firm is also a foundation member and signatory of the <a href=\"https:\/\/www.esgtoday.com\/financial-institutions-representing-e3-trillion-join-finance-for-biodiversity-pledge\/\">Finance for Biodiversity<\/a> pledge, a collaboration of more than 150 financial institutions representing more than $22 trillion in assets under management, committed to protect and restore biodiversity through their financing activities and investments, sharing knowledge; engage with companies, assess impact, set targets and reporting publicly on these activities before 2025.&nbsp;<\/p>\n\n\n\n<p>Jenn-Hui Tan, Chief Sustainability Officer, Fidelity International said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\u201cThe loss of natural capital is a systematic risk to capital markets, and as such, prioritising and contributing to the health and preservation of our biodiversity and ecosystems is essential.<\/p>\n\n\n\n<p>\u201cThe launch of our Nature Roadmap, along with the application of our deforestation voting principles and guidelines, demonstrates our commitment to natural capital conservation, setting out the approach we have chosen and articulating the broad range of tools we have at our disposal to integrate nature in our investment and stewardship processes.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>Additional actions set out in the roadmap included ensuring robust governance and oversight of sustainability related issues including nature, integrating nature in Fidelity\u2019s ESG tools \u2013 including ESG ratings, its SDG tool, climate rating \u2013 and leveraging external tools and data to enhance the integration of nature-related impacts, risks and opportunities, and embedding nature in the firm\u2019s sustainable investment framework, in addition to policy engagement and system-wide stewardship initiatives.<\/p>\n\n\n\n<p>Tan added:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\u201cWe seek to make a difference not only through direct corporate dialogue but in collaboration with the industry through system-wide stewardship, helping to shape an enabling policy and regulatory environment which places a fair value on natural capital and the ecosystem services from which we all benefit.&#8221;<\/p>\n<\/blockquote><span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Investment management firm Fidelity International announced the publication of its Nature Roadmap, outlining the company\u2019s approach to the integration of nature in its sustainable investments and stewardship processes, and setting a series of commitments including a pledge to begin voting against companies that fail to meet expectations on deforestation-related practices and disclosure from 2024. The [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":14416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[12,2],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fidelity to Vote Against Companies That Don\u2019t Meet Deforestation-Related Expectations - ESG Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fidelity to Vote Against Companies That Don\u2019t Meet Deforestation-Related Expectations - ESG Today\" \/>\n<meta property=\"og:description\" content=\"Investment management firm Fidelity International announced the publication of its Nature Roadmap, outlining the company\u2019s approach to the integration of nature in its sustainable investments and stewardship processes, and setting a series of commitments including a pledge to begin voting against companies that fail to meet expectations on deforestation-related practices and disclosure from 2024. The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/\" \/>\n<meta property=\"og:site_name\" content=\"ESG Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ESGToday\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-10T09:51:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-10T09:52:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/11\/Fidelity-International2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1115\" \/>\n\t<meta property=\"og:image:height\" content=\"627\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Susan Lahey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:site\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Susan Lahey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/\"},\"author\":{\"name\":\"Susan Lahey\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/97e13a5b49d5c769104360ded30d2826\"},\"headline\":\"Fidelity to Vote Against Companies That Don\u2019t Meet Deforestation-Related Expectations\",\"datePublished\":\"2023-11-10T09:51:59+00:00\",\"dateModified\":\"2023-11-10T09:52:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/\"},\"wordCount\":379,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"articleSection\":[\"Environment\",\"Investors\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/\",\"url\":\"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/\",\"name\":\"Fidelity to Vote Against Companies That Don\u2019t Meet Deforestation-Related Expectations - ESG Today\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/#website\"},\"datePublished\":\"2023-11-10T09:51:59+00:00\",\"dateModified\":\"2023-11-10T09:52:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.esgtoday.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fidelity to Vote Against Companies That Don\u2019t Meet Deforestation-Related Expectations\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.esgtoday.com\/#website\",\"url\":\"https:\/\/www.esgtoday.com\/\",\"name\":\"ESG Today\",\"description\":\"ESG investing news, analysis, research and information\",\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.esgtoday.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.esgtoday.com\/#organization\",\"name\":\"ESG Today\",\"url\":\"https:\/\/www.esgtoday.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png\",\"contentUrl\":\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png\",\"width\":618,\"height\":350,\"caption\":\"ESG Today\"},\"image\":{\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ESGToday\/\",\"https:\/\/twitter.com\/EsgToday\",\"https:\/\/www.linkedin.com\/company\/esg-today\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/97e13a5b49d5c769104360ded30d2826\",\"name\":\"Susan Lahey\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/cab60e69514f8fa9da35d98b8240df92?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/cab60e69514f8fa9da35d98b8240df92?s=96&d=mm&r=g\",\"caption\":\"Susan Lahey\"},\"description\":\"Susan Lahey started her career as a business reporter for The Kansas City Star and has worked as a freelancer covering business, investment, technology, sustainability and science for numerous publications. She has also worked as a writer and editor for publicly funded projects mandating environmental cleanup of a molybdenum mine in Northern New Mexico; and recovery and resiliency measures following Hurricane Maria in Puerto Rico. Recently she worked as Director of Communications for a European wave energy company.\",\"url\":\"https:\/\/www.esgtoday.com\/author\/susan-lahey\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fidelity to Vote Against Companies That Don\u2019t Meet Deforestation-Related Expectations - ESG Today","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/","og_locale":"en_US","og_type":"article","og_title":"Fidelity to Vote Against Companies That Don\u2019t Meet Deforestation-Related Expectations - ESG Today","og_description":"Investment management firm Fidelity International announced the publication of its Nature Roadmap, outlining the company\u2019s approach to the integration of nature in its sustainable investments and stewardship processes, and setting a series of commitments including a pledge to begin voting against companies that fail to meet expectations on deforestation-related practices and disclosure from 2024. The [&hellip;]","og_url":"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/","og_site_name":"ESG Today","article_publisher":"https:\/\/www.facebook.com\/ESGToday\/","article_published_time":"2023-11-10T09:51:59+00:00","article_modified_time":"2023-11-10T09:52:00+00:00","og_image":[{"width":1115,"height":627,"url":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/11\/Fidelity-International2.jpg","type":"image\/jpeg"}],"author":"Susan Lahey","twitter_card":"summary_large_image","twitter_creator":"@EsgToday","twitter_site":"@EsgToday","twitter_misc":{"Written by":"Susan Lahey","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/#article","isPartOf":{"@id":"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/"},"author":{"name":"Susan Lahey","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/97e13a5b49d5c769104360ded30d2826"},"headline":"Fidelity to Vote Against Companies That Don\u2019t Meet Deforestation-Related Expectations","datePublished":"2023-11-10T09:51:59+00:00","dateModified":"2023-11-10T09:52:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/"},"wordCount":379,"commentCount":0,"publisher":{"@id":"https:\/\/www.esgtoday.com\/#organization"},"articleSection":["Environment","Investors"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/","url":"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/","name":"Fidelity to Vote Against Companies That Don\u2019t Meet Deforestation-Related Expectations - ESG Today","isPartOf":{"@id":"https:\/\/www.esgtoday.com\/#website"},"datePublished":"2023-11-10T09:51:59+00:00","dateModified":"2023-11-10T09:52:00+00:00","breadcrumb":{"@id":"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.esgtoday.com\/fidelity-to-vote-against-companies-that-dont-meet-deforestation-related-expectations\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.esgtoday.com\/"},{"@type":"ListItem","position":2,"name":"Fidelity to Vote Against Companies That Don\u2019t Meet Deforestation-Related Expectations"}]},{"@type":"WebSite","@id":"https:\/\/www.esgtoday.com\/#website","url":"https:\/\/www.esgtoday.com\/","name":"ESG Today","description":"ESG investing news, analysis, research and information","publisher":{"@id":"https:\/\/www.esgtoday.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.esgtoday.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.esgtoday.com\/#organization","name":"ESG Today","url":"https:\/\/www.esgtoday.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png","contentUrl":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png","width":618,"height":350,"caption":"ESG Today"},"image":{"@id":"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ESGToday\/","https:\/\/twitter.com\/EsgToday","https:\/\/www.linkedin.com\/company\/esg-today\/"]},{"@type":"Person","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/97e13a5b49d5c769104360ded30d2826","name":"Susan Lahey","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cab60e69514f8fa9da35d98b8240df92?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cab60e69514f8fa9da35d98b8240df92?s=96&d=mm&r=g","caption":"Susan Lahey"},"description":"Susan Lahey started her career as a business reporter for The Kansas City Star and has worked as a freelancer covering business, investment, technology, sustainability and science for numerous publications. She has also worked as a writer and editor for publicly funded projects mandating environmental cleanup of a molybdenum mine in Northern New Mexico; and recovery and resiliency measures following Hurricane Maria in Puerto Rico. Recently she worked as Director of Communications for a European wave energy company.","url":"https:\/\/www.esgtoday.com\/author\/susan-lahey\/"}]}},"builder_content":"","_links":{"self":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts\/14415"}],"collection":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/comments?post=14415"}],"version-history":[{"count":0,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts\/14415\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/media\/14416"}],"wp:attachment":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/media?parent=14415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/categories?post=14415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/tags?post=14415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}