AIA sets targets to decarbonise power generation portfolio
The Hong Kong-headquartered insurer sets near-term climate transition targets for its investments, validated by the Science Based Targets initiative (SBTi).
AIA Group is consolidating its sustainable investing by setting near-term and long-term decarbonisation targets for its investment portfolio, including exposure in the power generation sector.
The commitment is part of AIA’s recently announced climate transition plan, which includes SBTi (Science Based Targets initiative)-validated targets for its general account portfolio, as well as specific goals for investments in some key sectors such as power generation and real estate.
“W…
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