I’ve worked as a scientist in countries like Kenya, Brazil, and Mexico, studying nature’s ecosystems and how they provide our planet with life support free-of-charge. People recounted their struggle to survive as humanity undermines these systems one-by-one – stories that profoundly impacted my thinking. Then in 2009, I was part of the team that developed the world’s first science-based climate target methodology, leading to a movement now 1,000+ companies strong.
Today, I’m fortunate to be able to combine my love of science and storytelling at Netflix, where we aspire to entertain the world. But that requires a habitable world to entertain. And scientists around the world agree we need to stabilize the climate at no more than a 1.5ºC temperature rise to avoid the worst results of climate change – and ensure healthy life support systems for our children.
After an all-night negotiating session, European Union leaders agreed on Friday morning to cut net carbon emissions by 55 percent in the next decade from levels measured in 1990, overcoming the concerns of nations still heavily dependent on coal and taking a critical step in the effort to become climate-neutral by 2050.
The recent net-zero pledges by major emitting countries and the potential for a “green recovery” from the Covid-19 pandemic “presents the opening” for the world to close the growing “gap” between existing commitments and what is needed to limit global warming to meet the Paris Agreement goals.
Aviva has set a new 2050 net-zero carbon emissions target for its own auto-enrolment default pension funds. This is aligned to the Paris Agreement and the Government’s own net-zero target. Aviva is committed to making progress towards the net-zero target as quickly as possible and is exploring the feasibility of a 2030 target, in-line with the Intergovernmental Panel on Climate Change (IPCC) 1.5-degree pathway4. As part of Aviva’s strategy to achieve this, it plans to invest over £5 billion into low carbon equities and climate transition strategies across its default funds over the next 18 months and will look to increase this level of investment after that.