Transition plans key to stave off threat to financial stability, says Aviva's Waygood
Unless a material price on carbon is reached and governments come up with 'sectoral transition frameworks', the world faces a threat to international security and financial stability, according to Aviva Investors.
Aviva lends backing to sovereign climate reporting proposals
Aviva Investors has expressed its support for a proposed standardised climate and nature disclosure framework for sovereign issuers, which the investor said would help its research and engagement.
Exclusive investor reaction to IPCC report: No part of portfolio immune
A landmark report published today by leading climate scientists has been greeted by investors as a chastening warning of the potentially catastrophic impacts of current global emissions, but also an important signifier of the transition required.
Cautious optimism for TNFD despite challenges
After the success of the TCFD in driving focus on climate-related disclosures, the mood is upbeat that the Task Force on Nature-related Financial Disclosures (TNFD) can do the same for natural capital - despite awareness of the additional challenges it faces. Ahren Lester reports
Natural Capital Investment 2021 conference roundup
Environmental Finance's Natural Capital Investment 2021 virtual conference has ended after a full day of panels, speed networking sessions, and a live discussion group
Dasgupta Review doesn't go far enough on pricing nature, says Aviva's Waygood
The Dasgupta Review on the economics of biodiversity falls short in suggesting how policy makers and investors should price-in the externalities of nature, said Steve Waygood, chief responsible investment officer at Aviva Investors
Spurring sustainable investments with capital charges
As sustainability makes its way into regulation, the question of capital charges punishing 'brown' investments or incentivising 'green' investments has come to the fore. While regulators are asking for risk-based evidence, stakeholders are not all in agreement on how to proceed. Vincent Huck reports
Aviva launches workplace pension scheme based on ESG funds
Aviva has launched a default workplace pension scheme that will incorporate ESG and ethical considerations, based on the Aviva Stewardship funds.
The ESG data files - part one, continued: reported data
Investors are demanding an increasing amount of data from companies. What are its strengths and weaknesses, asks Peter Cripps