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Fidelity appoints chief sustainability officer

ESG Investing Thursday 3 August 2023 14:05 GMT

Fidelity International has announced that Jenn-Hui Tan has been appointed as chief sustainability officer.

The newly created role will have oversight of both Fidelity’s sustainable investing and corporate sustainability teams including investment management, advisory and personal investment platform services, and retirement solutions. Tan will retain management of the firm’s sustainable investing team with the corporate sustainability team moving to report to him. He was formerly Global Head of Stewardship & Sustainable Investing at Fidelity.

Andrew McCaffery, Global Chief Investment Officer, Fidelity International says, “As an active steward of capital, we consider the longer-term consequences of our actions in both financial and societal terms – setting ambitious sustainability goals at an enterprise level is a core part of our approach to drive positive change. As the sustainability landscape continues to evolve in line with client and regulatory expectations, we believe it is important to have a single point of accountability across Fidelity to deliver a consistent, overarching sustainability strategy – setting policy and governing delivery of our sustainability commitments across our full business operations.”

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