Fidelity Investments, often referred to simply as Fidelity, is a leading financial services corporation headquartered in the United States. Founded in 1946, Fidelity has established itself as a key player in the investment management and brokerage industry, serving millions of individual and institutional clients across North America and beyond. The company offers a diverse range of services, including asset management, retirement planning, brokerage services, and wealth management. Fidelity is renowned for its innovative technology and user-friendly platforms, which enhance the investment experience for its clients. With a strong market position, Fidelity consistently ranks among the top investment firms, recognised for its commitment to customer service and comprehensive financial solutions.
How does Fidelity's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Fidelity's score of 22 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Fidelity reported total carbon emissions of approximately 195,434,000 kg CO2e. This figure includes 11,139,738 kg CO2e from Scope 1 emissions, 63,711,484 kg CO2e from Scope 2 emissions, and a significant 120,582,778 kg CO2e from Scope 3 emissions. Comparatively, in 2020, Fidelity's total emissions were about 156,671,000 kg CO2e, with Scope 1 contributing 9,536,000 kg CO2e, Scope 2 at 80,443,000 kg CO2e, and Scope 3 at 66,692,000 kg CO2e. This indicates an increase in total emissions over the three-year period. Fidelity has not disclosed specific reduction targets or initiatives related to carbon emissions, nor have they committed to any climate pledges. The absence of defined reduction strategies suggests a need for enhanced climate action within the organisation. Overall, Fidelity's emissions data highlights the importance of addressing both direct and indirect emissions to align with industry standards for climate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2023 | |
---|---|---|
Scope 1 | 9,536,000 | 00,000,000 |
Scope 2 | 80,443,000 | 00,000,000 |
Scope 3 | 66,692,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Fidelity is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.