Axa
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Axa's score of 90 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Axa's reported carbon emissions
In 2023, AXA reported total carbon emissions of approximately 26,225,708,000 kg CO2e, with emissions distributed across various scopes: 21,934,000 kg CO2e from Scope 1, 26,008,000 kg CO2e from Scope 2, and a significant 26,177,766,000 kg CO2e from Scope 3. This reflects a comprehensive approach to emissions reporting, including direct and indirect emissions from their operations and value chain. AXA has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its investment portfolios by 2050. This long-term goal is complemented by interim targets, including a 25% reduction in carbon intensity by 2025 and a 50% reduction by 2030, based on 2019 levels. Specifically, AXA is targeting a 50% reduction in Scope 1 and 2 emissions by 2030, alongside a 27% reduction in carbon footprint from 2021 levels by 2031. The company is also focused on reducing the carbon intensity of its General Account assets by 50% between 2019 and 2030, with plans to publish intermediate targets every five years to track progress. These initiatives underscore AXA's commitment to addressing climate change and transitioning towards a sustainable future.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in some of the initiatives that 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.
