The transition that really matters – improving the built environment
Buildings are responsible for around 40% of energy consumption and 36% of CO2 emissions in the EU, and almost 75% of the building stock is inefficient.* In order to accelerate the transition of these buildings, Aviva Investors has developed a proprietary framework for Sustainable Transition Loans for Commercial Real Estate.
There are three overarching goals that we to plan achieve through our framework:
£1bn Sustainable Transition Loans
A target of originating at least £1bn of Sustainable Transition Loans accredited to this framework by 2025
To invest for a sustainable future
Creating long-term loan term incentives to ensure measurable improvements on buildings we lend against.
Tangible impact for our clients
Delivering tangible impact for our clients through their investments with external verification through Second Party Opinions
Making Real Estate environmentally friendly
The objective of our Sustainable Transition Loan Framework is to further support Real Assets team's long term objective to lower carbon emissions across our portfolio.
Through our Sustainable Transition Loans we are:
Improving the built environment through targeted Sustainable Transition Loans
Working with commercial borrowers to improve the ESG credentials of buildings
Supporting the UN Sustainable Development Goals through Real Estate focused ESG KPIs
Further reading
Real Estate Debt Sustainable Transition Loan Framework
The objective of our Sustainable Transition Loan Framework is to further support AIRA’s long term objective to lower carbon emissions across our portfolio.
Vigeo Eiris Second Party Opinion
Vigeo Eiris has provided a second-party opinion on this framework.
Turning talk into action
It is only through commitment, passion and genuine collaboration that we can bring our sustainable aspirations to life. In our “This is how” series, we profile some of the ways ESG helps us be better investors, for our clients, and for the world around us.
Responsible investment
Investing responsibly is not a fad. For us, it is an investment belief
Real Assets
Real assets play a crucial role in shaping our evolving society. Explore our real assets range