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Aviva investors joined a trend for investment managers for investment managers, in companies that joined the green liabilities in the water, took a favorable plan to sell carbon emissions.
Investment house in London, which controls £ 238 billion in assets, declared In 2021, this was the largest utilities, 30 mining and gas companies in the “Tracking List” as part of the so-called badge program.
At the same time, including “1.5C-Linligned”, the green actions were not “fully committed to the complete separation.”
Companies were required to set targets to lower levels of levels from 2000 to levels that have been up to 2000. This figure is a low target in the 2015 Paris Climate Agreement in the United Nations.
Divestment was among the most ambitious efforts to hold carbon-intensive companies to account for the collateral, greenhouse gas waste. The company was associated with investment in short-term companies in three years.
However, four years later, investor – an unit of insurance company Aviva – said he reconsidered this badge program. This, instead of the financial period, he said he focused on engaging in “a wider range of critical sectors, such as aviation, building materials and industries.”
After the return of Russia from the war in Ukraine, the stock price of many carbon intensive companies after returning. There is also an intensive decline in the investment in the field of environmental, social and management criteria.
The potential to “have the potential to invest in the investment” related to the Avıva, climate scientific and global warming potential, “he said,” he said.
However, he added: “In 2021, since the climate determined the escalation program, the market has developed significantly.” The company said, “Very different macro background” appeared.
“Concerns about energy security and economic recovery, which in turn affected the regulatory environment and trajectory of national decarbonization plans,” he said.
The company did not explain that any company in the initial hour list was completely separated.
However, in one part, a company said he was not happy with the progress, which was directed to the energy passage, made a capital decision.
Capital companies believed that the green passage was better supported and leading it.
In the decade, active managers were superior to the risks of climate change in the investment portfolio.
Blackrock’s CEO of Blackrock, the world’s largest investment house, Larry Fink, said in 2020: “The risk of climate is investing.”
But in the past few years there are many active managers removed The company reduced its support for green resolutions in the annual meetings of companies to move the climatic movement and reduced the level of personnel in green functions.
Robert Noyes, a UK Title Coordinator, a group of pressurized assets related to climate problems, criticized Aviva’s touch. He called the “more disappointed news from a leader in the climate space.”
“Avva is very close to lose the crown for the promise of leaving the energy transition,” said Noyes.
The company was denied by the Political Zeitgeist.
Avva investors, in 2022 meetings in annual meetings in the first 10 in the top 10 in the assessment of voting on shareholders on joint-stock and social issues. However, since this year, he fell to the 30th place.
Noyes, the economy of active managers “expensive, risky and volatile fossil fossil fossil fossils and” more favorable energy sources “are” mass potential “.
“Asset’s customers have increased because Aviva’s support for this passage.”