Asset managers want progress on climate
Aviva fires warning on climate commitments
Asset manager demands measurable progress on climate and sustainability by companies it invests in
Global asset manager Aviva Investment has ramped up the pressure on companies it invests in to align with a clear set of measurable climate and sustainability standards. The London-based company, which has over £260bn ($350bn) of assets under management, has warned companies it expects them to show progress against clearly defined targets on climate change, biodiversity, human rights and executive pay. “We acknowledge the magnitude of many of these challenges and will evaluate companies on the strength of their commitments and their ability to demonstrate progress over time. However, we will hold boards and individual directors accountable where the pace of change does not reflect the urgen
Also in this section
19 December 2024
The utility-scale battery energy storage system market is evolving rapidly, with diverse offtake models emerging to offer bespoke, flexible contracting solutions
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
