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 88 is higher than 98% 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 2024, AXA reported total carbon emissions of approximately 27,081,451,000 kg CO2e, with Scope 1 emissions at about 21,054,000 kg CO2e, Scope 2 emissions (market-based) at approximately 23,146,000 kg CO2e, and a significant Scope 3 total of about 27,037,251,000 kg CO2e. The previous year, 2023, saw total emissions of about 26,225,708,000 kg CO2e, with Scope 1 at approximately 21,934,000 kg CO2e, Scope 2 (market-based) at around 26,008,000 kg CO2e, and Scope 3 emissions at about 26,177,766,000 kg CO2e. AXA has set ambitious climate commitments, including a target to reduce its greenhouse gas emissions related to energy (Scope 1 and 2) by 50% by 2030, using 2019 as a baseline. Additionally, AXA aims to transition its investment portfolios to net-zero greenhouse gas emissions by 2050. Interim carbon intensity reduction targets have also been established, aiming for a 25% reduction by 2025 and a 50% reduction by 2030 for corporate assets. The company is committed to playing a role in accelerating the transition to a net-zero economy, with specific initiatives targeting reductions in energy consumption and resource use, including a 10% reduction in total energy consumption and a 20% reduction in paper use per person by 2025. AXA's climate strategy is aligned with the Science Based Targets initiative (SBTi) and includes commitments to net-zero emissions across all scopes by 2050. AXA's emissions data and climate commitments reflect its dedication to sustainability and responsible investment practices, positioning the company as a leader in the financial sector's response to climate change.
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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 |
| Scope 2 | - | - | - | - | - | 00,000,000 | 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.
