Aviva Investors appoints Nick Molho as Head of Climate Policy

(London) – Aviva Investors, the global asset management business of Aviva plc, announces it has appointed Nick Molho as Head of Climate Policy, a newly-created role.

Reporting to Steve Waygood, Chief Responsible Investment Officer at Aviva Investors, Nick will help develop and deliver Aviva Investors’ macro stewardship programme, with an emphasis on promoting the net zero transition at a sectoral level, as well as helping to identify and advocate for specific government policies that would drive a just transition, starting with hard-to-abate sectors such as energy, heavy industry, aviation and shipping. He will formally begin his new role in June.

Aviva Investors’ macro stewardship programme focuses on engagement with governments, policymakers and other key stakeholders to correct market failures on sustainability issues. It complements the asset manager’s corporate governance activities which relate to engagement at a corporate level and influencing the companies and physical assets the business invests in. 

Nick joins from his previous role as Executive Director at the Aldersgate Group, a cross-economy membership organisation focused on accelerating the UK’s transition towards a competitive, resource efficient and net zero emissions economy. At the Aldersgate Group, Nick led the overall strategic direction, work programme and policy advocacy activities of the Group for the last eight years, covering all key areas of climate and environmental policy, as well as green finance. 

Steve Waygood, Chief Responsible Investment Officer at Aviva Investors, said:

“Nick is a hugely respected figure on a broad range of sustainability issues, and I have long admired his work at the Aldersgate Group and before. He brings an unrivalled amount of expertise in this field. His experience of engaging with companies, financial institutions, regulators, governments and policymakers will be invaluable. I am greatly looking forward to working more closely with him and continuing to advance our macro stewardship programme, which has considerable potential to help power the transition towards a sustainable future.”

Nick Molho, Head of Climate Policy at Aviva Investors, said: 

“Aviva Investors is an organisation I hold in high regard, and one which has been taking material action to shape the transition towards a sustainable future from within the private sector by actively engaging with real economy businesses and financial institutions, as well as with global governments, regulators and standard setters. Such activity is critical in ensuring capital flows into the right activities in the global economy and leads to meaningful change. I look forward to using my knowledge and experience to build on Aviva Investors’ achievements to date and supporting its ongoing work in calling for a timely and successful transition to net zero emissions.”

For more information contact:

Steve Ainger

Head of Media Relations

Laura Cocker

Media Relations Manager

James Morgan

Media Relations Manager

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Except where stated as otherwise, the source of all information is Aviva Investors Global Services Limited (“Aviva Investors”) as at 13 March 2023. Unless stated otherwise any views, opinions expressed are those of Aviva Investors. They should not be viewed as indicating any guarantee of return from an investment managed by Aviva Investors nor as advice of any nature. The value of an investment and any income from it may go down as well as up and the investor may not get back the original amount invested.

Issued by Aviva Investors Global Services Limited, registered in England No. 1151805. Registered Office: St Helen’s, 1 Undershaft, London, EC3P 3DQ Authorised and regulated by the Financial Conduct Authority.

Aviva Investors 

Aviva Investors is the global asset management business of Aviva plc. The business delivers investment management solutions, services and client-driven performance to clients worldwide. Aviva Investors operates in 14 countries in Asia Pacific, Europe, North America and the United Kingdom with £223 billion in assets under management as at 31 December 2022.

AVIVA PLC

Notes to editors:

·        We are one of the UK’s leading Insurance, Wealth & Retirement businesses and we operate in the UK, Ireland and Canada. We also have international investments in India, China and Singapore.

·        We help our 18.7 million customers make the most out of life, plan for the future, and have the confidence that if things go wrong we’ll be there to put it right.

·        We have been taking care of people for more than 325 years, in line with our purpose of being ‘with you today, for a better tomorrow’. In 2022, we paid £23.2 billion in claims and benefits to our customers.

·        Aviva is a market leader in sustainability. In 2021, we announced our plan to become Net Zero by 2040, the first major insurance company in the world to do so. This plan means Net Zero carbon emissions from our investments by 2040; setting out a clear pathway to get there with a cut of 25% in the carbon intensity of our investments by 2025 and of 60% by 2030; and Net Zero carbon emissions from our own operations and supply chain by 2030.  Find out more about our climate goals at www.aviva.com/climate-goals and our sustainability ambition and action at www.aviva.com/sustainability

·        While we are working towards our sustainability ambitions, we acknowledge that we have relationships with businesses and existing assets that may be associated with significant emissions. More information can be found at https://www.aviva.com/sustainability/climate/

·        Aviva is a Living Wage and Living Hours employer and provides market-leading benefits for our people, including flexible working, paid carers leave and equal parental leave. Find out more at https://www.aviva.com/about-us/our-people/

·        As at 31 December 2022, total Group assets under management at Aviva Group were £352 billion and our estimated Solvency II shareholder surplus is £8.7 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.

·        For more details on what we do, our business and how we help our customers, visit www.aviva.com/about-us  

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Aviva Investors Global Services Limited

St Helen’s, 1 Undershaft, London, EC3P 3DQ

Phone         +44 (0)20 7809 6000

Fax                +44 (0)20 7489 7940

Web              www.avivainvestors.com

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Issued by Aviva Investors Global Services Limited, registered in England No. 1151805.

Registered Office: St Helen’s, 1 Undershaft, London, EC3P 3DQ. Authorised and regulated by the Financial Conduct Authority and a member of the Investment Association.

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