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Company Directory

Company Directory - Fidelity Investments

Company Details - Fidelity Investments

Fidelity Investments Logo

Fidelity Investments

Website

Boston, United States

Fidelity Investments is a financial services corporation offering brokerage, investment, retirement, and wealth management services. Renowned for its family of mutual funds and investment management offerings, the company serves individual investors, institutions, and financial intermediaries.

CCI Score

CCI Score: Fidelity Investments

-38.52

0.02%

Latest Event

Fidelity Investments Lobbying Activity Highlighted by OpenSecrets

OpenSecrets' detailed profile reveals Fidelity Investments' lobbying efforts, indicating significant involvement in political contributions and lobbying activities. This raises concerns about the firm's influence on public policy and democratic accountability, potentially aligning corporate agendas with authoritarian practices.

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TOADIE

Fidelity Investments is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • Fidelity Investments Lobbying Activity Highlighted by OpenSecrets Logo
    FEB
    19
    2025

    OpenSecrets' detailed profile reveals Fidelity Investments' lobbying efforts, indicating significant involvement in political contributions and lobbying activities. This raises concerns about the firm's influence on public policy and democratic accountability, potentially aligning corporate agendas with authoritarian practices.

  • -30

    Political Contributions and Lobbying Efforts

    March 23

    The OpenSecrets profile shows that Fidelity Investments actively engages in lobbying efforts. Such activities may contribute to corporate influence over public policy, undermining democratic processes and aligning with practices that facilitate authoritarian tendencies. From a left-leaning perspective that scrutinizes corporate complicity in enabling undue political influence, this score reflects significant concerns.

    Fidelity Investments Lobbying Profile • OpenSecrets

  • Accusations of Ignoring Human Rights in Investment Practices Logo
    JAN
    01
    2025

    A Financial Times report accuses Fidelity Investments, alongside Vanguard and JPMorgan, of paying lip service to human rights, raising concerns over their commitment to upholding ethical labor practices and human rights standards.

  • -60

    Labor Relations and Human Rights Practices

    March 23

    The report highlights accusations that Fidelity Investments is neglecting human rights, suggesting that the firm prioritizes profit over ethical labor practices. Such an approach not only undermines workers’ rights but also contributes to a broader environment where corporate actions can indirectly support authoritarian practices.

    Fidelity, Vanguard and JPMorgan accused of ignoring human rights

  • Fidelity Investments Lobbying Profile Raises Concerns Over Corporate Political Influence Logo
    JAN
    01
    2024

    Fidelity Investments' lobbying activities, as highlighted by OpenSecrets, have raised concerns that their political spending supports policy outcomes favoring corporate control and potentially authoritarian results. From a left-leaning anti-fascist perspective, such influence is seen as undermining democratic accountability.

  • -40

    Political Contributions and Lobbying Efforts

    March 23

    OpenSecrets' documentation of Fidelity Investments' lobbying efforts indicates a sustained campaign of political spending that may be used to influence policy in favor of corporate interests. From an anti-fascist viewpoint, this behavior potentially contributes to a regulatory environment in which corporate power undermines democratic processes and enables authoritarian practices. The significant allocation of resources towards lobbying is seen as a red flag regarding the company’s complicity in supporting oppressive power structures.

    Fidelity Investments Profile: Lobbying • OpenSecrets

  • Criticism over Inaction on Human Rights Abuses Logo
    MAY
    10
    2023

    On May 10, 2023, Fidelity Investments was among major asset managers criticized for failing to leverage its substantial influence to address severe human rights abuses in its investment strategies.

  • -50

    Labor Relations and Human Rights Practices

    March 23

    Fidelity Investments has been called out by advocacy groups like ShareAction for not using its influence to confront serious human rights abuses. This neglect in addressing labor rights and ethical responsibilities reveals a complicity in systems that can perpetuate oppressive practices.

    BlackRock, Vanguard, Fidelity among fund groups called out over failure to tackle human rights abuses

  • Fidelity Charitable Funding Controversy: Alleged Support for Hate Groups Logo
    OCT
    01
    2021

    Fidelity Investments, through its charitable arm Fidelity Charitable, has been accused of funneling $4.9 million to organizations classified as hate groups between 2015 and 2017. Critics argue that the organization's 'cause neutral' funding strategy, which lacks rigorous screening, indirectly supports extremist ideologies and white supremacist rhetoric, thereby contributing to the rise of fascism and authoritarianism.

  • -60

    Public and Political Behavior

    March 23

    Fidelity Investments' public engagement is questioned as its charitable arm appears to indirectly support hate groups through its cause-neutral funding policy. This behavior not only reflects a disregard for the societal impact of funding extremist organizations but also suggests a potential undermining of democratic values, contributing to the rise of fascism.

    Fidelity Charitable exposed for funding hate groups, activists demand disclosure

  • -80

    Business Practices and Ethical Responsibility

    March 23

    The business practices of Fidelity Investments, particularly regarding its charitable funding through Fidelity Charitable, display a lack of ethical responsibility. The organization’s adherence to a 'cause neutral' policy has allowed funds to be directed toward hate groups, reflecting poor due diligence in grant allocation and a failure to provide transparency in screening, thereby indirectly supporting extremist viewpoints and authoritarian tendencies.

    Fidelity Charitable exposed for funding hate groups, activists demand disclosure

  • Fidelity Investments Criticized for Failing to Uphold Human Rights Standards Logo
    MAY
    13
    2020

    A study by ShareAction has highlighted that Fidelity Investments, among other major asset management firms, is failing to implement robust human rights and labor policies. The report criticizes the firm for not taking sufficient action against investments that could be linked to human rights abuses, including controversial weapons and sovereign bonds from regimes under international sanctions.

  • -50

    Labor Relations and Human Rights Practices

    March 23

    The article underscores that Fidelity Investments is among asset managers that fail to enforce or develop policies to exclude investments in areas linked to human rights abuses. This neglect of robust labor and human rights practices contributes to corporate complicity in systems that may indirectly support authoritarian policies. Given the lack of meaningful action despite public pledges, the firm's performance in the 'Labor Relations and Human Rights Practices' category is scored significantly negative.

    Asset managers failing on human rights abuse, study finds

  • Fidelity Charitable Fund and Criticism Over Funding Hate Groups Logo
    DEC
    04
    2019

    Critics claim that Fidelity Investments' donor-advised charitable fund has enabled donations to organizations characterized as hate groups, raising serious concerns about the firm’s role in channeling support that may legitimize extremist ideologies and undermine ethical business practices.

  • -50

    Public and Political Behavior

    March 23

    Fidelity’s donor-advised charitable fund has been used to channel funds to organizations such as the Family Research Council, Center for Immigration Studies, and New Century Foundation, which have been linked to extremist and hate-driven rhetoric. This practice raises serious concerns under Public and Political Behavior as it indirectly supports groups that propagate policies undermining the rights of marginalized communities and may fuel authoritarian ideologies.

    Fidelity charitable fund bankrolls "hate groups," critics say

  • -40

    Business Practices and Ethical Responsibility

    March 23

    By allowing its donor-advised charitable fund to make grants to organizations that have been documented as hate groups, Fidelity Investments faces criticism for a lack of ethical oversight in its business practices. The company’s claim of being ‘cause-neutral’ is challenged by critics, who argue that such practices indirectly finance groups that contribute to discrimination and authoritarian narratives.

    Fidelity charitable fund bankrolls "hate groups," critics say

Industries

522210
Credit Card Issuing
523999
Miscellaneous Financial Investment Activities
523110
Investment Banking and Securities Dealing
523930
Investment Advice
523920
Portfolio Management