AXA, officially known as AXA Group, is a leading global insurance and asset management company headquartered in France. Established in 1816, AXA has evolved into a prominent player in the financial services industry, with significant operations across Europe, North America, and Asia-Pacific. The company offers a diverse range of products and services, including life insurance, health insurance, property and casualty insurance, and investment management. AXA is recognised for its innovative solutions and customer-centric approach, which set it apart in a competitive market. With a strong market position, AXA has achieved notable milestones, including being ranked among the top insurance brands worldwide. Its commitment to sustainability and digital transformation further enhances its reputation as a forward-thinking leader in the insurance sector.
How does Axa's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Axa's score of 86 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, AXA reported total carbon emissions of approximately 26,225,708,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 26,177,766,000 kg CO2e. The company has set ambitious climate commitments, aiming to achieve a 50% reduction in its Scope 1 and 2 greenhouse gas emissions by 2030, relative to 2019 levels. This target aligns with AXA's broader goal of transitioning its investment portfolio to net-zero greenhouse gas emissions by 2050. AXA's emissions data shows a progressive reduction in business travel emissions over the years, with Scope 3 emissions from business travel decreasing from approximately 139,152,000 kg CO2e in 2009 to about 17,460,000 kg CO2e in 2020. The company is committed to publishing intermediate targets every five years to track its progress towards net-zero by 2050. Overall, AXA's climate strategy reflects a strong commitment to sustainability and reducing its environmental footprint, with a focus on both operational emissions and the carbon intensity of its investment portfolio.
Access structured emissions data, company-specific emission factors, and source documents
2009 | 2010 | 2011 | 2012 | 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | - | - | - | - | - | 00,000,000 | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 139,152,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 | 00,000,000 | 0,000,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Axa is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.