Fidelity International grows sustainable finance team
The US$700 billion asset manager is in a race to reduce corporate and portfolio emissions.
Investment firm Fidelity International has hired two directors of sustainable investing, based in London. They join Chief Sustainability Officer Jenn-Hui Tan, who was appointed last August.
Phil Cliff was previously Head of Climate at M&G Investments (which is also undergoing a sustainability governance shake-up), where he led the climate strategy and transition plan, including the creation of the firm’s net zero investment framework, portfolio analytics tool, scenario modelling and climate reporting. He will focus on reducing Fidelity’s corporate and portfolio emissions in line with the company’s climate targets.