Aviva Investors, the global asset management business of Aviva plc, announced today the launch of two new equity funds in its Aviva Investors Sustainable Transition range, aiming to invest in companies that are managing their socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. and environmentalEnvironmental criteria consider how a company performs as a steward of nature. impacts and providing solutions to support the transition to a sustainable future. Key areas of focus of the new funds include addressing socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. inequality and biodiversity loss, and the funds align with several of the UN Sustainable Development Goals (SDGs).
The Aviva Investors SocialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Transition Fund will invest in companies that are changing their business models to respect human rights, promote decent working conditions and engage in responsible corporate behaviour, and in those providing solutions on issues including access to education, health and wider financial inclusion. The Aviva Investors Natural Capital Transition Fund will target companies providing solutions and transitioning their business models across the themes of sustainable land, sustainable oceans, the circular economy and climate change.
The new socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. and environmentalEnvironmental criteria consider how a company performs as a steward of nature. funds will also donate 5bp of their management fees to socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. impact projects, and to ecosystem restoration projects, respectively.
Mark Versey, Chief Executive Officer of Aviva Investors, said:
“Aviva Investors is committed to the United Nation’s SDGs and to innovating sustainable, investable outcomes to achieve them. As well as growing their wealth, people want to know that their money is making a positive contribution to climate change, a fairer society and protection of the natural environment. The two objectives are equally important and aligned – we call this investing with purpose.”
The post Aviva Investors Launches Funds Targeting Companies Tackling Social Inequality, Biodiversity Loss appeared first on ESG Today.