Its first commitment of undisclosed amount is into the Clean Growth Fund.
Aviva, a UK-listed insurer, has committed £50m ($67m) to back independent venture capital funds backing sustainable-focused technologies.
Its first commitment of undisclosed amount is into the Clean Growth Fund, which invests in early-stage UK-based technology companies in the low carbon economy, such as Indra, which manufactures and supplies smart electric vehicle chargers, and Tepeo, which invented a zero-emission boiler.
The commitment follows Aviva’s announcement earlier this year to become a net zero carbon emissions company by 2040.
Ben Luckett, who…
