Tag: Aviva

UK’s iconic landmarks at risk from climate change by 2050, according to new report

Stuart Mitchell

Some of the UK’s most well-known landmarks could be at risk from the impacts of extreme weather in future unless action is taken, according to a new report by leading insurer, Aviva. Aviva’s third Building Future Communities report brings together the latest data to outline the risks that homes could face from multiple climate threats by 2050 and beyond, including flooding, subsidence and extreme heat. The report also highlights the importance of preventative measures to help protect homes, businesses and communities across the UK. According to the report, some of…

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Rock Rail, UK Infrastructure Bank and Aviva launch £100m funding for bus leasing platform ‘Rock Road’

Stuart Mitchell

Rock Rail, the UK Infrastructure Bank and Aviva, through its in-house capital unit Aviva Capital Partners, have formed a partnership to provide a new funding platform for zero emission bus financier ‘Rock Road’. The partnership, alongside a debt facility from UK Infrastructure Bank and HSBC UK, is committing an initial £100m to fund up to 250 zero emission buses and associated infrastructure. Rock Road offers a finance solution for UK bus operators and public transport authorities to decarbonise their fleet, while minimising capital outlay and outsourcing key ownership risks around…

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Aviva joins the Dormant Assets Scheme

Stuart Mitchell

Aviva plc and Reclaim Fund Ltd (RFL), the HM Treasury-owned and FCA-regulated operator of the Dormant Assets Scheme (the Scheme), have successfully completed the first transfer of dormant assets¹ from the Insurance and Pensions sector to the industry-led, government-backed Scheme. The milestone sees Aviva join over 40 UK banks and building societies that currently participate in the Scheme, enabling dormant assets to be used to support vital social and environmental initiatives, while ensuring customers can be reunited with their assets in full at any point. Aviva has become the first…

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Aviva helps restore rare native British rainforests

Stuart Mitchell

Aviva announces a £38 million donation to restore Britain’s lost temperate rainforests in the UK. Aviva believes this is one of the most effective nature based interventions to help remove carbon dioxide from the atmosphere. The restored rainforests will also provide a positive contribution to the nature and biodiversity crisis, as well as supporting flood protection and resilience. The donation is part of Aviva’s Net Zero 2040 ambition. Native to the British Isles, temperate rainforest is an incredibly rare and biodiverse habitat that once stretched from Cornwall to the west…

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Aviva Pledges Extra Support To UK Charities Supporting Financial Wellbeing

Stuart Mitchell

In an effort to help tackle the financial pressures being brought on by the cost of living crisis, the Aviva Community Fund has launched an additional £2m funding to causes supporting financial wellbeing in their communities. Non-profit organisations can now apply to the Aviva Community Fund, and receive matched funding for public donations until 31st December 2022, or until the £2m funding runs out. The extra financial support is aimed at helping people take control of their wellbeing by giving them tools to be more financially independent. This is the…

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