Insurance is not something people get excited about, but it is an essential asset for most of us, whether it be for personal or business use. More and more consumers look for insurance companies that prioritise sustainability and ethical practices. Aviva is leading the charge, achieving The Good Shopping Guide’s Ethical Accreditation for an impressive third-year running!
Two of Aviva’s subsidiaries, General Accident and Quote Me Happy have also been awarded their third year of accreditation, with fantastic scores of 83 in our ratings table.
The world of finance and investments can be a tricky one for consumers to navigate, but The Good Shopping Guide’s Ethical Ratings Tables can help you to stay informed and make the ethical choice. Aviva stands out from the crowd with its commitment to decarbonisation as well as ESG investing.
The Good Shopping Guide carries out independent research on brands in order to award Ethical Accreditation, and Aviva has consistently impressed with its results. Aviva has set out its plans for increasing the positive, and reducing the negative impacts it has on biodiversity, and will report on progress annually. The company is also disclosing its Scope 1, 2 and 3 emissions and working towards reducing them.
In particular, Aviva is addressing its Scope 3 emissions, which make up a large proportion of its overall carbon footprint, by investing in renewable energy and transitioning its investment portfolio to align with a New Zero pathway. It is also encouraging its investee companies to reduce their own emissions as well as improving their sustainability practices, therefore facilitating their progress in contributing towards a greener economy. As a result of its hard work, Aviva received a top rating for our Carbon Disclosure and Reduction targets criterion.
Aviva has published its Approach to Responsible Investing, detailing how the company aligns its approach to the Principles for Responsible Investment, a voluntary initiative of which it is a member, and how it plans to achieve this through the integration of ESG (Environmental, Social and Governance) factors into its decisions on investments. It has also published an ESG Investment Baseline Exclusions Policy, which outlines its aims to transition away from fossil fuels and other high-risk investments such as controversial weapons.
Aviva is leading the way as one of the most ethical Insurance companies that genuinely cares about social and environmental progress. Check out the Ethical Insurance Ratings Table to see Aviva’s excellent GSG score.
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