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
18 February 2025
Demand for CCS to abate new gas-fired plants is rising as datacentres seek low-carbon power, Frederik Majkut, SVP of industrial decarbonisation, tells Carbon Economist
11 February 2025
Rising prices have added to concerns over CBAM impact on the competitiveness of EU manufacturing
7 February 2025
Norwegian energy company slashes spending on low-carbon sectors as transition decelerates
30 January 2025
The UAE’s oil and gas company puts its faith in technologies including CCS and AI to deliver its emission-reduction goals
