- Uncertainty of government policy impacting energy policies and causing supply chain disruption.
- Challenges in measuring Scope 3 emissions, particularly "Scope 3 of 3" (customers, investees, suppliers) due to data limitations and lack of sophisticated data.
- Data limitations and methodological gaps in reporting on financed emissions associated with investments managed under discretionary mandates.
Aviva plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Aviva plc disclosed greenhouse gas emissions of 17.4K tCO2e (market-based); 24830 tCO2e (location-based). By scope: Scope 1: 6.5K tCO2e; Scope 2: 2.0K tCO2e; Scope 3: 8.9K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
17.4K tCO2e (market-based); 24830 tCO2e (location-based)
2023
Renewable Energy
100% (2022 data)
of total energy
Energy Use
68.3K MWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 6.5K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.0K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 8.9K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 17.4K tCO2e (market-based); 24830 tCO2e (location-based) |
| 2020 | 8.3K tCO2e (Scope 1 and 2 location-based) |
| 2013 | 115.9K tCO2e/year |
| 2011 | 165.1K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved a 50% reduction in Aviva’s Scope 1 and Scope 2 operational emissions compared to 2019 baseline.
- 100% of 2022 electricity used by Aviva’s operations was from certified renewable sources (RE100).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce real estate portfolio GHG emissions by 25% per square metre by 2025 from a 2019 baseline.
- Reduce the carbon intensity of investments by 25% by 2025 (31 December 2024) from a 2019 baseline.
- 70% of Aviva’s suppliers by spend to have validated SBTs by end of 2025.
📅 Medium-term
- Reduce the carbon intensity of Aviva’s investments by 60% by 2030 from a 2019 baseline.
- Reduce Aviva’s Scope 1 and Scope 2 operational emissions by 90% by end of 2030 from a 2019 baseline.
- 33% of our corporate equity, bonds and loan portfolio to have SBTs by end of 2025.
🔭 Long-term
- Net Zero by 2040.
🌱 ESG Focus Areas
Climate ChangeBiodiversitySustainable Investments