A ShareAction report highlighted in a Morningstar article reveals that Fidelity Investments, one of the world’s largest asset management firms, is among the poorest performers on human rights policies. The report criticizes the firm's limited commitment to integrating robust human rights practices into its investment decisions, raising concerns about its ethical responsibility toward labor and human rights.

A Financial Times report accuses Fidelity Investments, alongside Vanguard and JPMorgan, of neglecting human rights, signaling a failure to address labor rights and worker protection adequately.

Seaport Hotel workers in Boston rallied outside Fidelity Investment’s headquarters on July 20, 2023, supporting their effort to unionize. The rally, following the demotion of over 75% of banquet waiters which led to losses of key benefits such as health insurance, paid time off, and 401(k)s, reflects growing labor dissatisfaction and a push for fairer working conditions.

Fidelity Investments, along with other major asset managers, was called out by responsible investment charity ShareAction for not using its considerable influence to address glaring human rights and labor rights abuses, as reported by FNLondon.

Progressive Jewish groups and coalition activists have called on Fidelity Charitable to disclose and stop channeling funds through donor-advised funds that support organizations accused of promoting racism, anti-LGBT sentiment, and funding Israeli settlements, which are seen as enabling anti‐Palestinian violence.

Activists have confronted Fidelity Investments after a report revealed that Fidelity Charitable funneled $4.9 million to 31 hate groups between 2015 and 2017. The coalition, including Muslim Justice League and other community organizations, delivered a letter to the Boston headquarters demanding transparency about the charity’s screening processes and a reevaluation of its funding practices, which are seen as indirectly supporting anti-immigrant, anti-Muslim, anti-Black, and anti-LGBTQ rhetoric.

Critics allege that Fidelity Investments' donor-advised charitable fund has facilitated donations to organizations identified as hate groups, including the Family Research Council and the Center for Immigration Studies. The fund, which operates separately from Fidelity's corporate account, is being criticized for following donor preferences that have led to support for organizations with anti-LGBT and anti-immigrant stances.