Fidelity International has appointed Jenn-Hui Tan to the newly created position of chief sustainability officer (CSO).
The role will have oversight of both Fidelity’s sustainable investing and corporate sustainability teams to ensure consistent, end-to-end governance of Fidelity’s sustainable approach across its corporate operations and client service areas.
This includes investment management, advisory and personal investment platform services, and retirement solutions.
In his capacity as CSO, Jenn will be responsible for the delivery of Fidelity’s sustainability approach and be the accountable executive for the firm’s strategy, execution, and governance in this area.
Jenn, who was global head of stewardship & sustainable investing at Fidelity, will retain management of the sustainable investing team, with the corporate sustainability team moving to report to him.
“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,” said Andrew McCaffery, global chief investment officer, Fidelity International.
He added, “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.”
Jenn joined Fidelity International in 2007 from Norton Rose Fulbright, where he was a corporate finance lawyer advising on capital market and M&A transactions.
©Markets Media Europe 2023
