Aviva Investors, the global asset management business of Aviva plc, announces it has provided £200 million of financing towards the design, build and maintenance of the Haweswater Aqueduct Resilience Programme (‘HARP’) in North West England. The investment has been made by Aviva Investors on behalf of Aviva’s Insurance, Wealth and Retirement (‘IWR’) business, providing up to £200 million of index-linked financing. HARP is a significant project to undertake essential maintenance across the 110 km Haweswater Aqueduct pipeline, which has supplied water from the Lake District to 2.5 million people across…
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Aviva Investors publishes net zero pathway for Real Assets
The pathway outlines how Aviva Investors aims to reach net zero emissions across the whole of its £47.3 billion Real Assets platform by 2040, as it seeks to improve the sustainability of new and existing building stock across the UK and support clients in addressing the climate transition within illiquid assets. The commitment covers multiple layers of the investment process; from asset origination to asset management and ongoing stakeholder engagement. As well as tackling real estate and infrastructure, it extends into private debt, an area where ESG integration and alignment…
Read MoreAviva Investors announces climate transition engagement programme with commitment to divest from non-responsive companies
Aviva Investors, the global asset management business of Aviva Plc, hasannounced its Climate Engagement Escalation Programme, focused on its investments in 30 ‘Systemically Important Carbon Emitters’ The investment firm will require these companies to deliver net zero scope 3 emissions by 2050 and establish robust transition roadmaps to demonstrate their commitment to immediate action on climate change as the world’s carbon budget diminishes. Aviva Investors considers climate change to be the greatest systemic challenge facing society, global economies, and companies. Failure to act will have catastrophic and pervasive consequences, including…
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