Major investor will target bosses at firms failing on climate

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Investor targets bosses at firms failing on climate

Aviva Investors will seek to remove board directors of firms that continue to take part in deforestation

Aviva Investors, which has £262bn of assets under management, set out its expectations in a letter that will be sent to 1,500 firms in 30 countries this week. "This is of serious concern as ecosystem services provided by the natural world underpin our economies and societies and will increasingly become an important driver of company valuations," Mr Versey said, adding that more than half of the world's economic output is "reliant on biodiversity".

Mirza Baig, Aviva Investors' head of environmental, social and corporate governance, told the BBC that some companies intentionally set vague targets to avoid being held to account.

 

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AvivaUK avivaplc avivainvestors seem to have forgotten that they have built 3 incinerators in Hull Boston and Barry. Hypocrisy at its best. Get your own business in order before you start telling others!

Sure they do

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