Aviva reveals concerns over fossil fuel industry's high capex projects

James Murray
clock

Corporate leaders signal support for ambitious carbon targets, as insurance giant reveals it has spoken to fossil fuel firms about climate risks

A senior executive at insurance giant Aviva has "categorically" spoken to at least one of the fossil fuel companies that it has invested in to voice concerns about the viability of high capex projects....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

'A stark warning that the UK remains dangerously underprepared': Reaction to the CCC's climate adaptation report

'A stark warning that the UK remains dangerously underprepared': Reaction to the CCC's climate adaptation report

Green business leaders, politicians, environmental groups, and experts respond to the Climate Change Committee's on the UK's looming climate adaptation challenge

BusinessGreen staff
clock 20 May 2026 • 19 min read
'A Well-Adapted UK': Key takeaways from the CCC's latest climate adaptation report

'A Well-Adapted UK': Key takeaways from the CCC's latest climate adaptation report

BusinessGreen takes a deep dive into the CCC's landmark climate adaptation report and its calls for around £11bn of annual investment in climate resilience

Stuart Stone
clock 20 May 2026 • 22 min read
'We are not powerless': CCC urges government to 'step up and protect' UK way of life from worsening climate impacts

'We are not powerless': CCC urges government to 'step up and protect' UK way of life from worsening climate impacts

Advisory body calls on Ministers to strengthen raft of climate resilience policies as part of £11bn a year adaptation drive

Stuart Stone
clock 20 May 2026 • 8 min read