A message from our Group CEO

Net Zero by 2040

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Our demanding climate goals

The climate crisis is the greatest threat facing our planet. Taking action now is the best thing we can do for our customers, business, shareholders and future.

In March 2021 we announced our demanding climate goals to:

  • Become a Net Zero company by 2040 1
  • Achieve a 25% reduction in carbon intensity of assets by 2025, and 60% by 2030 1
  • Have Net Zero operations and supply chain by 2030

Understand the difference between Net Zero and carbon neutral (PDF 370KB)

Becoming Climate Ready

We want to help the countries we operate in – the UK, Ireland and Canada – become climate ready. So, in 2022 we launched our first Climate-Ready Index. The index measures the G7 countries (Canada, France, Germany, Italy, Japan, United Kingdom, United States) and Ireland because these are some of the richest and most influential in the world, so have a responsibility to lead the way.
The climate-ready model has four pillars of measurement:
  • Emissions and mitigation
  • Environment and adaptation
  • Economy and business
  • Society and community

Aviva has a strong record in promoting sustainability

The scope and scale of the environmental crisis facing all of us means we have to do more. Which is why we were the first major insurer and UK financial services company to target Net Zero by 2040.

In 2022, we continued our work to align our business to a 1.5ºC Paris target. In March 2022 we released our first Climate Transition Plan, outlining our pathway to achieving Net Zero by 2040. Quantifying the impact of climate change is an emerging practice. We have made several methodology improvements in 2022 and will continue to enhance our capabilities in line with industry developments and standards. In December 2022, Aviva became the first international composite insurer to have carbon-reduction goals validated by the Science Based Targets initiative (SBTi)². 

While we are working towards our Net Zero 2040 ambition, we acknowledge that we have relationships with businesses and existing assets that may be associated with significant emissions. Over time our work will include reviewing these arrangements with the aim of aligning them to our Net Zero 2040 ambition.

Our partnerships and propositions


Aviva and WWF

We know we can’t solve the climate crisis alone. That’s why we’re partnering with WWF, the world’s leading conservation organisation, who share our belief that now is the time to take urgent action on climate change to help create a better tomorrow for both people and planet. 

Find out more

Sustainable finance

At Aviva we’re incredibly proud to be promoting the vital reorientation of capital away from short-term thinking and towards more sustainable financial markets. To make these changes we need a globally coordinated strategy and response.


Changing the financial system

Our green products and services

Minimising environmental impact through our products and services

Find out more

Our people

Our people tackling climate change together

Climate action across Aviva's staff.

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Our stories

Read more about how we're acting on climate change, building stronger communities and embedding sustainability into our business.

1 This will cover shareholder and policyholder assets where we have control and data; and the main asset classes of Aviva’s core markets (credit, equities, direct real estate and sovereign debt). We will be able to expand this further as new data and methodologies become available. For more details please see www.aviva.com/climate-goals

² The SBTi Net-Zero Standard defines corporate Net Zero as: (i) Reducing Scope 1, 2 and 3 emissions to zero or to a residual level that is consistent with reaching Net Zero emissions at the global or sector level in eligible 1.5°C-aligned pathways; (ii) Neutralising any residual emissions at the Net Zero target year and any GHG emissions released into the atmosphere thereafter. See Science Based Targets that Aviva has committed to https://sciencebasedtargets.org/resources/files/Target-language-and-summary_Aviva-plc.docx.pdf