You can trust that for us, sustainability isn’t just a fad. It’s something we’ve been doing for decades. As far back as the 1970s we were holding companies to account by voting at their annual meetings.
For us, responsible investment is a way to get the best possible return for you in the long term. We’ve always believed that companies that conduct their business in a responsible and sustainable way are more likely to succeed over time, benefiting both you and society. Bad practices don’t just hit the headlines, they hit the bottom line as well.
Our commitment to responsible investment is fundamental to our goal of delivering the specific and meaningful outcomes that matter most to today’s investor. To do so, we focus on investment integration, active stewardship and market reform.
As a long-term investor, we’re convinced our investments will be more successful if we understand how the companies and projects, we invest in perform on issues like board diversity, governance, climate change and regulatory developments.
Our insight into environmental, social and governance (ESG) issues and trends help us understand the risks that could hit our investments and spot investment opportunities.
Supported by the Global Responsible Investment team, our analysts and portfolio managers integrate these issues into the investment analysis and decision-making process across all our asset classes.
At its simplest, stewardship means taking responsibility for something entrusted into our care. To us, it means monitoring, engaging, and, where appropriate, intervening, on matters that can have a material impact on the long-term value of our investments – matters such as board diversity, human rights abuses and greenhouse gas emissions, for example.
We consider active stewardship to be a fundamental responsibility as investors. In 2018, we engaged with 1,954 companies, voted on 54,335 resolutions at 4,713 shareholder meetings and worked alongside other investors and civil society organisations.
We believe that, being a responsible investor means recognising that sometimes it’s not enough to just engage with a company. We operate in a market that’s imperfect and full of failures. All too often the true cost of running a business, such as emitting carbon, is not something the company has to pay for themselves.
Unfortunately, that makes it easier for investors and companies to make short-term decisions that can harm investment returns and our society in the long run. Yet policy makers and regulators can play a critical role in defining the framework within which companies and investors operate.
We’re proud to have led and worked on several reforms and initiatives at a local, national and international level to create sustainable financial markets.
Links and documents
– Aviva Investors’ Responsible Investment Philosophy
– Aviva Investors Stewardship and Responsible Investment Policy
– Global Corporate Governance and Corporate Responsibility Voting Policy
– Responsible Investment in Action
– Our Global Responsible Investment Approach
– Annual Responsible Investment Review