Aviva Investors signs up to Montreal Carbon Pledge
Aviva Investors has signed up to the Montreal Carbon Pledge, which dwells in a commitment to measuring and publicly disclosing the carbon footprint of investment portfolios on an annual basis.
The firm will pilot carbon foot-printing on a sample of equity portfolios. “A decision to expand the scope will be made following a review of the findings and client feedback,” Aviva announced.
Euan Munro, chief executive of Aviva Investors, said: “As institutional investors, we firmly believe that we have a duty to act in the best long-term interests of our beneficiaries. As a business, we are clear that there are long-term investment risks associated with climate change.
“By signing up to this pledge, we are pleased to be one of the largest asset managers supporting this initiative as part of our overall strategy of calling for industry and government action on climate change. We support greater transparency on carbon risk, however good quality carbon foot-printing relies on good quality carbon data.
“There are still significant gaps in disclosure which is why we will also continue to advocate for better data to support this.”