Article X53C £352bn investors' coalition launched to push for clean energy

£352bn investors' coalition launched to push for clean energy

by
Emma Howard
from on (#X53C)

Insurance firm Aviva and major funds in the UK, Norway and France join forces to put pressure on big corporations to clean up their electricity sources

A new 352bn coalition of investors including large insurer Aviva and major public and private funds in the UK, Norway and France has been launched to put pressure on some of the world's biggest corporations to clean up their electricity sources.

Aviva Investors - the 267bn arm of one of the UK's biggest insurers - is one of 20 founding members of the initiative, which launches on Wednesday in Paris as negotiators at UN climate talks work against the clock to thrash out a new deal on limiting greenhouse gas emissions.

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