Why stewardship is an essential part of the investment toolkit

Today, we’re chatting with Jenn-Hui Tan, Global Head of Stewardship and Sustainable Investing at Fidelity International. Over the course of his 15 year tenure at Fidelity, he’s watched as the definition of fiduciary duty has expanded as investors have begun to realize that the boundary of responsibility should not stop at the door of capital allocation, but should also include value creation. This specifically comes into play with the climate transition, and he takes us through the principles of long termism, the materiality spectrum and the complete stewardship toolbox. He also explains how stewardship is just one piece of the systemic change needed to solve the climate crisis.