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Aviva tops green league table, with AXA and RSA in the top ten

The Environmental Investment Organisation (EIO) is a not-for-profit organisation that has measured companies' performance by their carbon emissions. Their ET Europe 300 Carbon Ranking was topped by Aviva; two other insurers, AXA and RSA, also made the top 10.

Click here to see how they formed the rankings.

Sam Gill, Operational Director of the EIO, said, "The purpose of the Carbon Rankings is twofold: to highlight the carbon emissions and levels of disclosure of the world's largest companies with the aim of fostering greater transparency; and to form the basis of a series of stock market indexes, designed specifically to provide the investment community with a viable tool for tackling climate change."

The UK government is currently deciding whether or not to introduce compulsory emissions reporting.  The EIO figures will lead to support of this decision.  

Not content with topping the list, Aviva have also recently introduced a new range of policies designed specifically for business operating in a low carbon economy.  They have expanded their engineering, marine, construction and operational risks cover to provide specific policies for onshore wind, solar, waste-to-energy, biomass power, environmental consultancy and building technology firms.

Since 2007 AXA have been actively involved in climate change initiatives and are founders of Climatewise Principles.  Climatewise Principles is a collaboration of companies across the risk sector, whose aim is to respond to the risks and opportunities of climate change. 

RSA are committed to Embedding a green culture.  They have done this by introducing different schemes within different offices around the world.  In the UK, RSA helped home workers to reduce their carbon footprint by supplying them with smart meters to make it easier to monitor energy use. In Columbia RSA provided training on how to save paper, water and electricity and the importance of recycling, and in Canada 26 employers who make up the Green Team gathered at head office to debate how RSA can be a more responsible business.   Their ideas were presented to business leaders with support from the World Wildlife Fund.

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