The inaugural report highlights key achievements including the development of a classification system for biodiversity risk and increased engagement with organisations on biodiversity issues as well as how the group has been championing biodiversity and its plans for the coming year.
Aviva has also called for greater clarity on the financial sector's role in achieving targets set by the Global Biodiversity Framework, stating that GBF standards should be explicit and ambitious.
Amanda Blanc, group chief executive, said: “Last year, we committed to report annually on biodiversity. Having policies on climate-related issues without reporting on progress is no longer enough; all businesses need to be transparent about their impact on biodiversity, and this report is a good start.
“However, we recognise that far more is required if we are to reverse nature loss this decade – more from Aviva and more from the financial sector.”
