Shareholder update - December 2024

Aviva and Good Business conceived the Climate-Ready Index to help support the UK in becoming the most climate-ready nation in the G7 and Ireland.

It is designed to capture the reality that various challenges of climate change cannot be overcome separately. Critical efforts to limit emissions and protect and promote biodiversity must go hand in hand with work to adapt to the realities of a hotter planet.

Kathryn Brown, Director of Climate Change and Evidence, The Wildlife Trusts, said:

“Being able to compare the UK to others and draw lessons from experiences of other countries through Aviva’s Climate-Ready Index is incredibly useful. We should all be drawing on best practice to make sure we seize the opportunity for greater economic and social security through an integrated approach to action on climate and nature.”

Aviva has contributed to one of the largest seed funding rounds in the nature restoration sector by investing in Nattergal. This partnership aligns with Aviva's sustainability goals, particularly in protecting and restoring biodiversity through nature-based solutions. Claudine Blamey, Aviva's Group Sustainability Director, has joined Nattergal's Board as a Board Advisor.

The seed funding round has enabled Nattergal to acquire three sites, including Harold’s Park Wildland in Essex, where nature restoration work has already begun. This collaboration represents an important step towards leveraging private finance to tackle the UK's nature crisis and deliver benefits to local communities, reflecting Aviva's commitment to sustainability and Nattergal's ambition to make nature an investable asset class.