Aviva CEO Seeks International Standards to Define ESG

The transcript discusses the UK's Global Investment Summit, highlighting the role of insurers in climate change mitigation and the importance of mandatory disclosures for net zero plans. It emphasizes the need for standardization in ESG language and explores government strategies for carbon pricing. The conversation also covers investor engagement, divestment strategies, and trends in insurance premiums and market growth.

What is one of the key offerings of the UK highlighted at the Global Investment Summit?

• A new trade agreement with the EU

• A new tax policy

• The net zero plan

• Increased military spending

How much has been committed by insurers to UK infrastructure investment over the next few years?

• £20 billion

• £10 billion

• £5 billion

• £15 billion

What is the stance on mandatory disclosures for companies regarding their net zero plans?

• They should be delayed

• They should be mandatory

• They should be ignored

• They should be optional

What is suggested as necessary for ESG language?

• International standardization

• Regional variations

• Company-specific definitions

• Complete elimination

What is the proposed role of governments in carbon pricing?

• To increase taxes

• To decrease regulations

• To provide clarity

• To ignore it

Which markets are identified as core for growth after the divestment program?

• Australia, Japan, and Brazil

• Germany, France, and Italy

• USA, China, and India

• UK, Ireland, and Canada

What is the expected growth rate for larger business insurance premiums?

• 7-8%

• 4-5%

• 10-12%

• 2-3%