Aviva has launched a workplace pension default investment strategy that considers ESG factors. The Stewardship Lifestyle Strategy takes account of ESG issues throughout the growth and consolidation phases.
Employers will be able to use the strategy as a default, while also allowing employees to select it as an alternative to their existing default.
The stewardship fund itself has three layers, including exclusion policies; engagement and measuring ESG performance measurement.
The group has been involved in several corporate responsibility initiatives and helped found the World Benchmarking Alliance, a public set of league tables ranking 2,000 global companies on the UNSDGs
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