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. 

Read more about Fidelity’s engagement with Suzano here

Kris Atkinson

Kris Atkinson

Portfolio Manager

Aela Cozic

Aela Cozic

Sustainable Investing Analyst and Portfolio Manager

Fabio Riccelli

Fabio Riccelli

Portfolio Manager

Sebastian Morton-Clark

Sebastian Morton-Clark

Amber Stevenson

Amber Stevenson

Investment Writer