Aviva plc CSR report 2007

Morley Fund Management

We employ around 700 people, with our principal office based in London. We are the wholly owned, independently managed fund management business of Aviva plc.

Key achievements in 2006

We refurbished the 2nd floor of 1 Poultry, our head office, to demonstrate our CSR credentials and reduce our impact on the environment. The office now includes new energy-saving lighting and tables created from sustainable resources.

We lowered our CO2 emissions and increased our recycling capacity. We also introduced a “binless” office environment in July.

We changed all of our photocopying paper to recycled paper and are looking at the possibility of using either recycled or paper from sustainable sources for all stationery.

For the first time we also received the prestigious Platinum award from the Corporation of London in their Clean City Awards Scheme, in recognition of our recycling efforts.

We increased the profile and funds under management base for socially responsible investment (SRI) and Igloo. 

In July our SRI team was voted Number 1 Fund Manager for understanding SRI issues by Thomson Extel – for the 4th consecutive year.

In May we became a signatory to UN Principles of Responsible Investment (PRI), which commits us to integrate environmental, social and governance issues into our investment decisions.

In November our SRI team reached the £1bn mark through successful growth in both retail and institutional funds.

Our Trustee Tutor website was recognised by Engaged Investor, where it won an award for its contribution to pension fund trustee education.

In 2006 we achieved in the region of 3,000 employee training days (classroom based), which equates to 6 days per manager and 5 days for non-managers.

Further information on the above achievements and additional examples of our progress across all areas of the CSR programme can be found in the attached PDF.

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Empty Road

Morley builds micro-loans foundations

We helped to raise £1.5 million in June, which underpinned the $60 million lent to the microfinance institutions who will finance 300,000 micro-loans in Latin America, Eastern Europe and Southeast Asia over the next five years.

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