Protecting World Heritage sites
World Heritage Sites are irreplaceable, iconic landscapes and include sites such as the Grand Canyon and Great Barrier Reef. While they are protected under the UNESCO World Heritage Convention because of their ‘Outstanding Universal Value’, these sites are increasingly under threat.
To better understand the scale of the threat, Aviva Investors, together with Investec Asset Management and the WWF, collaborated on a report, which provides new evidence of the threat to natural World Heritage Sites from extractive mining. The research indicates that nearly 31% of natural World Heritage Sites are currently subject to some form of extractive activity – either with active operations or through concessions that have been granted.
Aviva Investors launched a collaborative investor engagement project to engage with extractive companies, and call for ‘no go’ commitments on World Heritage Sites and continued this work through our engagements in 2016. Find out more and read the report.