Delivering positive climate outcomes
Global warming is one of the greatest challenges of the modern world. The scale and urgency of change needed to ensure global greenhouse gas emissions are aligned with a 1.5 degrees Celsius pathway will impact every part of the global economy. As a committed investor, acting and supporting the transition to a low-carbon and climate-resilient world is fully consistent with our values.
Our Sustainable Transition range targets opportunities linked to the United Nations Sustainable Development Goals that support and accelerate the transition to a sustainable future. Through the Climate Transition Real Assets Strategy, we provide investors access to an actively managed, diversified portfolio of real assets with an aim to reach net zero by 2040 in line with our corporate net-zero ambition. We take a unique and innovative approach designed for investors seeking:
Attractive returns and access to a diverse range of opportunities
Positive climate outcomes
Note: Outcomes may not be achieved.
A leading approach
Addressing climate change in real assets requires looking beyond a simple solutions strategy to maximise long-term return opportunities and impact potential. Our leading approach to climate transition encompasses a variety of real assets, including green solutions as well as sustainably managed assets with a targeted decarbonisation portfolio strategy.
Climate transition alignment
Direct investment in real assets to accelerate the climate transition and ambition to achieve net zero by 2040.
Investing with purpose
Attractive risk-adjusted returns, targeting eight per cent IRR net of fees over rolling five-year periods.
Multi-asset expertise
Portfolio construction based on identifying relative value across pan-European real estate, low-carbon infrastructure and sustainable nature-based solutions.
Note: The return target and net zero emissions ambition of the strategy are not guaranteed and may not be achieved.
Building better: Opportunities for DC schemes to invest in the climate transition through real assets
By investing in climate-aligned real assets, defined-contribution pension schemes can help propel the transition to a more sustainable future while also benefiting from portfolio diversification and attractive risk-adjusted returns, says Mark Meiklejon.
Aviva Investors Climate Transition Real Assets webcast
What lies ahead for real asset investors focused on the climate transition? Join portfolio managers James Tarry, Luke Layfield and Zoe Austin as they look back at how market turbulence has challenged real asset markets over the past 12 months, and discuss how this could present significant opportunities for climate-focused real asset investors.
Key risks
For further information on the risks and risk profiles of our strategies, please refer to the relevant KIID and Prospectus.
Investment risk
The value of an investment and any income from it can go down as well as up and can fluctuate in response to changes in currency and exchange rates. Investors may not get back the original amount invested.
Real estate risk
Investments in real estate may not be able to be sold, realised or liquidated when you want because real estate assets may not always be readily saleable. If this is the case, we may defer your request or instruction regarding your investment. Investors should also bear in mind that the valuation of real estate is generally a matter of valuers’ opinion rather than fact.
Climate Transition Real Assets team
Luke Layfield
Head of Portfolio Management, Private Markets
Zoe Austin
Portfolio manager
George Fraser-Harding
Head of Pan-European Funds, Real Estate
Need more information?
For further information, please contact our investment sales team.
Explore our real assets range
Sustainable transition
A range of strategies investing in opportunities to accelerate change for Climate, People and Earth.
Climate change views
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The tipping point for climate finance: Making financial flows consistent with the Paris Agreement
29 Nov 2023
Transition plans, including from governments in response to the Global Stocktake, will be crucial to bring about the shift to a low-emissions, climate-resilient world. Markets need clear implementation signals to align capital with the goals of the Paris Agreement. Our in-depth report calls for the creation of a transition-plan ecosystem connecting all levels of the global economy.
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The time to lead: Reforming multilateral development banks through a climate lens
28 Nov 2023
To have a chance of limiting global warming to less than two degrees, the world must unlock huge investments in emerging markets. This is prompting calls for the reform of multilateral development banks, but will this be enough?
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Deals delayed and crowded trades…But investors can still find value in infrastructure debt
4 Sep 2023
Private infrastructure debt still offers a broad spectrum of opportunities, but investors face complex challenges. In this Q&A, our infrastructure debt team contemplate the current state of the market and where it goes from here.
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Tipping points and transformation: Getting on the right side of change
16 Aug 2023
Rapid changes in the global economy could tip some sectors into low-carbon phases faster than incumbents expect, with important investment implications.
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Charging up: Batteries and the fight against climate change
5 Jan 2023
Batteries are set to play a crucial role in helping to decarbonise the global transport and energy sectors. As capital floods into an industry experiencing exponential growth, we look at the key considerations for investors.
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Confronting a permacrisis? The intersection between antimicrobial resistance, climate change and biodiversity loss
23 Nov 2022
Will a warmer and less biodiverse world give pathogens new opportunities, and do we have the tools to confront disease? This report discusses the complex intersection of three planetary crises and calls for urgent action to slow resistance to antimicrobial drugs – an obvious public health emergency.
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Deep water: Ten threats to marine ecosystems
8 Jun 2022
Our air, weather, food, the health of diverse marine life and millions of jobs all depend on the ocean. But we have not done well as custodians of marine ecosystems. Here, we set out ten ways where human actions threaten the health of an essential environment.
