At Aviva Investors, we are relentless in our pursuit of pushing for substantive global reform of capital markets. This has included significant work within the UN system and with other multilateral international institutions.
For example, we have worked collaboratively with the UN Inter-Agency Task Force on Financing for Development and contributed to their recent report which outlined recommendations for national action plans and international cooperation to support poorer countries delivery of the SDGs.
We have also taken part in many of the global forums, such as the spring and autumn meetings of the World Bank, the UN High Level Political Forum, Financing for Development Forum and General Assembly to promote responsible engagement and advocate for systems reform in capital markets. Aviva Investors played a prominent role in helping to establish the Sustainable Stock Exchanges (SSE) Initiative in 2009. The SSE initiative is a peer-to-peer learning platform for exploring how exchanges, in collaboration with investors, regulators, and companies, can enhance corporate transparency — and ultimately performance — on ESG issues. In 2017 we sponsored the publication of the 2017 Sustainable Stock Exchange report, which tracks corporate disclosure against seven sustainability indicators.
During the year we also published a number of documents promoting global market reform including:
- ‘Delivering the sustainable financial system the world needs’
- ‘Investment research: time for a brave new world?’
- ‘From short-term to long-term thinking: creating sustainable capital markets’
We also commissioned the Economist Intelligence Unit report “The Road to Action: Financial Regulation Addressing Climate Change” which proposed how existing financial institutions could better take up the challenge to address climate change through better regulation.