How does Fidelity incorporate ESG principles into their cryptocurrency investments?

3 answers

• Jan 13, 2022 · 3 years ago
  Fidelity incorporates ESG principles into their cryptocurrency investments by considering factors such as the environmental impact of mining, the social implications of blockchain technology, and the governance practices of the cryptocurrencies they invest in. This approach aligns with Fidelity's overall investment strategy, which aims to generate long-term sustainable returns while considering the broader impact of their investments on society and the environment. By incorporating ESG principles, Fidelity seeks to invest in cryptocurrencies that demonstrate responsible practices and contribute positively to the world.
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• Jan 13, 2022 · 3 years ago
  When it comes to incorporating ESG principles into their cryptocurrency investments, Fidelity takes a comprehensive approach. They evaluate the environmental impact of cryptocurrencies by considering factors such as energy consumption and carbon emissions associated with mining. They also assess the social implications of blockchain technology, including its potential for financial inclusion and its impact on privacy. Additionally, Fidelity looks at the governance practices of the cryptocurrencies they invest in, ensuring transparency and accountability. By considering these ESG factors, Fidelity aims to invest in cryptocurrencies that align with their values and have the potential for long-term sustainable growth.
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• Jan 13, 2022 · 3 years ago
  At BYDFi, we believe that incorporating ESG principles into cryptocurrency investments is crucial for the long-term success of the industry. Fidelity shares this belief and has implemented a robust framework to evaluate the ESG aspects of cryptocurrencies. They consider factors such as the carbon footprint of mining, the social impact of blockchain technology, and the governance practices of the cryptocurrencies they invest in. By incorporating ESG principles, Fidelity aims to invest in cryptocurrencies that not only have the potential for financial returns but also contribute positively to the environment and society. This approach aligns with BYDFi's commitment to responsible and sustainable cryptocurrency investments.
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