What investors choose to fund will shape major transitions to clean energy and net-zero targets. Presented by Deloitte.
The UK-based insurance firm Aviva's plan to become net-zero by 2040 includes shifts in its operations, supply chain, asset ownership, as well as factoring in the sustainability commitments of its investments. Aviva has also pledged to stop selling insurance for companies making more than 5% of their revenue from thermal coal or unconventional fossil fuels by the end of this year.
"That's really trying to make that initial stand as explicit as possible," said Jason Storah, CEO of Aviva Canada."We really want to work and engage with other companies.
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