The Aviva logo sits outside the company head office in the city of London, Britain March 7, 2019. REUTERS/Simon Dawson
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LONDON, Jan 24 (Reuters) – Aviva Investors will broaden its definition of sustainable investments this year to include biodiversity and human rights so companies consider the “whole picture of sustainability”.
Bonuses awarded to company executives should also reflect how well sustainability targets have been met, Chairman Mark Versey wrote in his annual letter to 1,500 companies in 30 countries.
Companies in which the asset manager has invested should deliver tangible and transparent progress on a wider definition of sustainability this year, including human rights and biodversity, he said.
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“Simply cutting emissions but allowing the destruction of the rain forest to continue will do little to reverse global warming,” Vasey said.
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