Aviva Investors, the global asset management business of Aviva PLC, has announced a commitment to originating £1 billion (€1.1 billion/$1.3 billion) in sustainable transition real estate debt during the next four years, supported by the launch of its proprietary Sustainable Transition Loans Framework.
The framework will be used by Aviva Investors to seek out sustainable real estate loan investment opportunities in line with the United Nations Sustainable Development Goals. It will focus on key sustainability targets such as energy efficiency and green initiatives including onsite renewables. Vigeo-Eiris (V.E), the ESG rating and research agency, has provided second-party verification and accreditation for the framework, to ensure the loans comply with the LMA’s sustainability-linked loan principles.
As part of the initiative, Aviva Investors will embed measurable ESG commitments into its lending program, setting out specific requirements for real estate borrowers
