Aviva’s CSR rated ‘above average’

Aviva’s CSR programme was recently reviewed by Vigeo, ratings agency that assesses companies and organisations on their CSR performance and management.

Vigeo evaluates the level of commitment shown towards CSR goals, identifies any risks incurred by the company and evaluates its level of management. Vigeo provides the information gathered to SRI analysts, investors and asset managers.

Its analysis is divided into six categories: human resources, environment, business behaviour, corporate governance, community involvement and human rights. Aviva was awarded “above sector average” scores in all categories except human resources, which was in line with the sector average.

Aviva performed particularly well in the human rights and business behaviour categories, but recognises that there is always room for improvement in all areas.

Vigeo recognised Aviva as being particularly strong in its approach to equity asset management and in the development of products with added social value.

To further improve results in subsequent reviews Aviva has been advised to consider offering a more diversified group of “green products”.

Group CSR consultant, Simi Shasanya, said: “We are pleased to be recognised by Vigeo for our continuous improvement and will consider their suggestions going forward as we recognise the importance of the information which is held by investors on Aviva.”