Aviva’s sustainability ambition
Committed to social action, climate action and being a sustainable business.
Changing our world for the better takes action
We know that what we do today decides what’s possible tomorrow. We are committed to doing our part, working with other businesses, governments, regulators and communities, to help get ready for the challenges and opportunities we face.
Our approach to sustainability focuses on three core areas:
Watch this video to find out how we’re helping to build a more sustainable future.
Transcript for video ASA in action
(It takes Aviva)
Creating a more sustainable world takes social and climate action.
“Building a sustainable future for our customers, for ourselves, is going to take bold actions and decisive leadership. I’m determined that Aviva plays our part to the full.” Amanda Blanc, Group Chief Executive Officer of Aviva.
(Where are we taking action?)
We’ve focussed on our key ambitions:
Reaching Net Zero by 2040.
Taking social action to help regenerate our communities,
And embed sustainability right across our business.
(Taking Social Action)
We’re taking social action.
We have donated £9m to our partners Citizens Advice and Money Advice Trust to help our communities with their financial resilience.
Contributed over £12million to over 8000 UK local change makers through the Aviva Community Fund since 2015.
Spent 87,599 hours volunteering in 2023.
Invested billions in UK infrastructure including:
- Urban regeneration
- Social housing
- Renewable energy
- and electronic vehicle charging networks
(Taking Climate Action)
We’re taking climate action.
Using 100% renewable electricity
Making progress towards our 2040 Net Zero ambition and trying to help the UK to be the most climate-ready large economy.
On the ground we worked with WWF on the Save Our Wild Isles Community Fund.
Partnering with leading conservation charities to protect and restore biodiversity, and remove carbon from the atmosphere through a range of nature-based solutions, including reintroducing some of the UK’s lost rainforests.
Provided approximately £1.7 billion of financing for renewable energy infrastructure projects.“
(Embedding Sustainability)
We’re embedding sustainability into our business.
Innovating to offer sustainable choices in our products, services and investments, and support our customers with cost-of-living challenges.
Doing more to build a supportive, diverse and inclusive organisation. 88% employees would recommend Aviva as a great place to work. 10.8% of senior leaders are from ethnically diverse communities, and we achieved our goal of having 40% of senior management positions held by women.
It takes social and climate action. It takes everyone playing their part. It takes Aviva.
Find out more in the Sustainability section of Aviva 2023 Annual Report and Accounts at www.aviva.com/sustainabilty/reporting
Sustainability is central to Aviva’s strategy. Addressing some of the biggest issues we face isn’t just about adapting to new realities; it’s an opportunity to invest in a sustainable future and a pathway to resilience, innovation and long-term value creation.
Taking climate action
Aviva is taking steps to help tackle the climate crisis.
Our ambition is to:
- Become a Net Zero company by 2040 1
- Achieve a 25% reduction in carbon intensity of assets by 2025, and 60% by 2030 1
- Have Net Zero operations and supply chain by 2030
- Help the markets we operate in (UK, Ireland and Canada) become climate-ready
Taking social action
For over 300 years, Aviva has played a part in the lives of our customers forming long-standing connections with communities.
Our ambition is:
- Help more than 13% of the UK population prepare for retirement and retire with Aviva 2
- Invest 2% average per annum profits into local communities 3
- Raise money for community projects across the UK with a combination of match-funding donations, partner donations and crowdfunding with The Aviva Community Fund
- Help people become more financially secure via our independent charity, the Aviva Foundation 4
Acting as a sustainable business
We want to make our industry work better for everybody.
To achieve our ambition, we need to embed sustainability into every part of our business.
This includes ensuring clear accountability for action, transparent reporting, and respecting human rights.
It also means being an employer of choice through our focus on diversity and inclusion, and health and wellbeing.
Our sustainability news
Sustainability throughout Aviva
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Taking climate action
The first major insurer worldwide to aim for Net Zero carbon by 2040.
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Taking social action
Helping people look forward with confidence.
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Acting as a sustainable business
Embedding sustainability is integral to how we do business.
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Sustainability resources and reporting hub
Read and download our latest reports, policies, and resources that reflect our commitment to acting as a sustainable business.
The sustainability section of aviva.com and our sustainability reports cover our sustainability ambitions and performance at a Group level. Whilst we also share case studies of sustainability actions in our different business lines it is important to note that the sustainability characteristics of specific products and services are described within product specific literature.
1 This will cover shareholder and policyholder assets where we have control and data; and the main asset classes of Aviva’s core markets (credit, equities, direct real estate and sovereign debt). We will be able to expand this further as new data and methodologies become available. For more details please see www.aviva.com/climate-ambitions
2 Based on adult population only (18+ years)
3 Percentage of Group Adjusted Operating Profit
4 The Aviva Foundation, administered by Charities Trust under charity registration number 327489