Pourquoi Aviva Investors continue à se dérober à ses responsabilités

Reclaim Finance criticizes Aviva Investors for allowing oil, gas, and mining companies up to three years to develop 'net zero' plans, arguing this delays urgent divestment. The statement highlights a contradiction where Aviva maintains investments in coal developers like BHP Group and Glencore despite a 2030 coal exit pledge. Specifically, it points to Aviva's management of a Polish pension fund with over 250 million euros in coal sector investments, including increased holdings in Enea, PGE, and CEZ in 2020, as well as investments in PGNiG.

• Aviva Investors is criticized for granting companies in the oil, gas, metals, and mining sectors up to three years to create 'net zero' plans and integrate climate risks, which the author claims delays necessary divestments for climate goals.
• While Aviva Investors aims to exit coal by 2030, it remains invested in companies developing coal projects, specifically BHP Group and Glencore.
• Aviva's divestment policy does not apply to assets managed for third parties, leading to significant coal investments in Poland via a managed pension fund totaling over 250 million euros.
• In 2020, the Polish pension fund managed by Aviva increased its holdings in European coal companies Enea, PGE (purchasing 12 million shares), and CEZ (purchasing 600,000 shares), and bought shares in the Polish state-owned oil and gas company PGNiG.
• The document argues that 'integrating climate risks' into corporate strategy does not necessarily reduce climate impacts, as a company might diversify into low-emission sectors to protect financial results while continuing fossil fuel activities.

APA

admin (2021). Pourquoi Aviva Investors continue à se dérober à ses responsabilités. Reclaim Finance. https://reclaimfinance.org/site/2021/02/04/lannonce-daviva-rien-de-nouveau-sous-le-soleil/

Chicago

admin. Pourquoi Aviva Investors continue à se dérober à ses responsabilités. Reclaim Finance, 2021. https://reclaimfinance.org/site/2021/02/04/lannonce-daviva-rien-de-nouveau-sous-le-soleil/.

Wikipedia

{{cite press release |last1=admin |title=Pourquoi Aviva Investors continue à se dérober à ses responsabilités |publisher=Reclaim Finance |date=4 February 2021 |url=https://reclaimfinance.org/site/2021/02/04/lannonce-daviva-rien-de-nouveau-sous-le-soleil/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2021pourquoi, author = {admin}, title = {{Pourquoi Aviva Investors continue à se dérober à ses responsabilités}}, publisher = {Reclaim Finance}, year = {2021}, month = feb, url = {https://reclaimfinance.org/site/2021/02/04/lannonce-daviva-rien-de-nouveau-sous-le-soleil/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }