Creative Investment Research Urges Fidelity to Defend Long-Term Value

WASHINGTON - Aug. 21, 2025 - PRLog -- Creative Investment Research today announced that it sent a letter on August 4, 2025 to Abigail Johnson, CEO of Fidelity Investments, urging her firm to reject political attempts to undermine responsible investing and fiduciary responsibility.

The letter, authored by William Michael Cunningham, MA, MBA, CEO of Creative Investment Research, responded to the July 29, 2025 communication from 26 Republican state financial officers pressuring Fidelity and other asset managers to abandon environmental, social, and governance (ESG) strategies. Cunningham's letter emphasized that "environmental risk is financial risk" and urged Fidelity to maintain its climate-informed frameworks as central to long-term portfolio stewardship.

News reports stated that, on August 21, 2025, Democratic state officials, including treasurers and comptrollers from New York, California, and Maryland, echoed this position in letters to major asset managers. They warned that the GOP's anti-ESG campaign misrepresents fiduciary duty and jeopardizes retirement security for millions of Americans. As they stated, ignoring risks related to climate, governance, and supply chains is not neutrality, but negligence.

Creative Investment's letter anticipated these concerns, stressing that dismissing ESG considerations in favor of short-term political gains undermines both the financial health of retirees and the intergenerational transfer of environmental and economic assets. "To neglect this duty is to fail in one of the most fundamental fiduciary obligations: protecting long-term value across generations," Cunningham wrote.

Key Points from the August 4 Letter:

• Climate risk is market risk: From insurance costs to bond yields, the financial impact of climate change is already material.
• ESG is not ideology but necessity: Responsible integration of environmental and social risks represents modern financial stewardship, not political activism.
• Intergenerational fiduciary duty: Asset managers must safeguard long-term value for future beneficiaries, not just short-term returns.

For a copy of the letter, email info@creativeinvest.com

A Call for Leadership

By acting early, before the Democrat's August 21 statement, Creative Investment Research underscored the urgency of rejecting partisan efforts to politicize investment oversight. Cunningham urged Fidelity to respond with "data, evidence, and transparency," reaffirming its commitment to the financial security of retirees, pensioners, and taxpayers.

For more information, see: How Environmental Issues Impact Stock Returns.
https://www.eventbrite.com/e/how-environmental-issues-imp...