Aviva Investors are calling for ‘no-go’ commitments from extractive mining companies to protect world heritage sites.
But that’s not all we’re doing as part of our commitment to responsible investment:
- Our investments support the transition to a low-carbon economy.
- We support sustainable businesses and ultimately a more sustainable economy and society.
- We use our influence to encourage others to take a longer-term view on the issues that matter.
Find out more about responsible investment at Aviva.
Sustainable business practices
Aviva Investors is our global asset management company. As of 31 December 2016, we have £345 billion under management in equities, fixed interest, property and multi assets - and we use our significant influence to promote sustainable business practices across the financial markets.
Our history of active stewardship of our clients’ funds stretches back to 1990. In 2014, we were one of the first to integrate environmental, social and governance (ESG) issues into our investment decision-making across all asset classes.
We seek to deliver the specific and meaningful outcomes that matter most to today’s investor. Our commitment to responsible investment is fundamental to delivering this goal that not only benefits our clients, but also the environment and economy as a whole.
We actively promote good practice among companies we invest in. We aim to identify and reduce ESG risks in our portfolios. For example, by understanding the quality of the board of directors of a company and its strategy on issues, such as climate change or the living wage, we can gauge how well prepared they are to deal with current or emerging ESG issues.
If we consider a company’s performance falls short, and that this shortfall will have an impact on our investment decision, we engage with the board to improve performance. We vote against companies’ annual report and accounts that fail to report on key ESG matters or perform poorly.
Aviva Investors is a founding signatory to the UN Principles for Responsible Investment. We received a ranking of A+ in their 2016 assessment.
Advocating for sustainability
We advocate policy measures that support longer-term, more sustainable capital markets. We aim to correct market failures such as a lack of corporate disclosure on ESG risks and climate change – at a national, EU, OECD and UN level – to improve long-term policy outcomes.
Finance plays an important role in the Paris Climate Change Agreement. We remain engaged in how our industry can support the transition to a low-carbon economy, and how we can directly finance assets that help reach this goal.
Protecting UNESCO world heritage sites
Aviva Investors is working collaboratively to stop extractive mining companies threatening UNESCO world heritage sites.
Fighting antibiotic resistance
Nearly half of all antibiotics in the UK, two-thirds in Europe and 80 per cent in the US are given to livestock. Aviva Investors has targeted 40 large food producing and retailing companies with high exposure to antibiotic risk in an effort to encourage better practices.