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86% Of IFAs are taking action to combat climate change

Nearly nine in 10 IFAs are taking practical steps to reduce their firms’ contribution to climate change, according to research by Aviva.

Its research, commissioned for Climate Week, shows 86 per cent are already taking positive action and 59 per cent say they would like to do more.

Twenty-four per cent of IFA firms have a formal policy on climate change while 37 per cent say the costs of implementing formal measures prevent them from doing so.

Recycling is the most popular way for IFAs to fight climate change. Eighty-two per cent say they recycle as much as they can, 79 per cent turn lights off when they leave a room, 71 per cent use low-energy bulbs, 67 per cent turn computers off over-night and 58 per cent do not leave appliances on stand-by.

Aviva corporate responsibility manager Tom Oxley says: “IFAs are fully aware of the causes and effects of climate change and are concerned about its future effects.”

Paladin Financial Services managing director Tim Purdon says: “Climate change is a fact and each and every one of us at work or as an individual has a part to play in trying to reduce it.”

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