In the weeds with one of the world's largest pulp producers

In the weeds with one of the world's largest pulp producers

Engaging with companies is core to Fidelity’s investment approach. Learn about how we engaged with Brazilian pulp and paper manufacturer Suzano to help improve biodiversity, alongside cutting emissions.

Fidelity International engaged with Brazilian pulp and paper manufacturer Suzano in February 2021 after a competitor’s rewilding bond planted a seed for broader engagement on biodiversity, alongside cutting emissions.

During the engagement, Sustainable Investing Analyst Aela Cozic and Portfolio Manager Kris Atkinson spoke to Suzano about how it could preserve natural capital and be bolder on emissions. Suzano was receptive to our suggestions and four months later set a target to reconnect 500,000 hectares of fragmented land by 2030.

In the video, we hear from Kris and Aela and see live footage from the engagement in February. We also follow Portfolio Manager Fabio Riccelli to Suzano’s headquarters in Brazil where he talks to CFO Marcelo Feriozzi Bacci about the company’s new nature-based target and the role that active investors play in pushing companies to become more sustainable.

This document is issued by FIL Responsible Entity (Australia) Limited ABN 33 148 059 009, AFSL No. 409340 (“Fidelity Australia”).  Fidelity Australia is a member of the FIL Limited group of companies commonly known as Fidelity International.

Prior to making an investment decision, retail investors should seek advice from their financial adviser. This document is intended as general information only. Please remember past performance is not a guide to the future. Investors should also obtain and consider the Product Disclosure Statements ("PDS") for the fund(s) mentioned in this document before making any decision about whether to acquire the product. The PDS is available on www.fidelity.com.au or can be obtained by contacting Fidelity Australia on 1800 119 270. The relevant Target Market Determination (TMD) is available via www.fidelity.com.au. This document has been prepared without taking into account your objectives, financial situation or needs. You should consider such matters before acting on the information contained in this document. This document may include general commentary on market activity, industry or sector trends or other broad-based economic or political conditions which should not be construed as investment advice. Information stated herein about specific securities is subject to change. Any reference to specific securities should not be construed as a recommendation to buy, sell or hold these securities. While the information contained in this document has been prepared with reasonable care, no responsibility or liability is accepted for any errors or omissions or misstatements however caused. The document may not be reproduced or transmitted without prior written permission of Fidelity Australia. The issuer of Fidelity's funds is FIL Responsible Entity (Australia) Limited ABN 33 148 059 009. References to ($) are in Australian dollars unless stated otherwise. Details of Fidelity Australia’s provision of financial services to retail clients are set out in our Financial Services Guide, a copy of which can be downloaded from our website.

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