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 93 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 2024, AXA reported total carbon emissions of approximately 27,081,451,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 27,037,251,000 kg CO2e. Scope 1 emissions were about 21,054,000 kg CO2e, while Scope 2 emissions totalled approximately 23,146,000 kg CO2e (market-based). In 2023, the total emissions were slightly lower at about 26,225,708,000 kg CO2e, with Scope 3 emissions again dominating at approximately 26,177,766,000 kg CO2e. AXA has set ambitious reduction targets, aiming for a 50% reduction in greenhouse gas emissions related to energy (Scopes 1 and 2) by 2030, using 2019 as the baseline. Additionally, they are committed to reducing the carbon intensity of their General Account assets by 50% between 2019 and 2030. The company also aims to transition its investment portfolios to net-zero greenhouse gas emissions by 2050. In terms of operational efficiency, AXA has targeted a 20% reduction in overall GHG emissions by 2025 compared to 2019, which encompasses all scopes, including business travel and IT equipment manufacturing. Furthermore, AXA has committed to publishing intermediate targets every five years to track progress towards their net-zero goal. Overall, AXA's climate commitments reflect a comprehensive approach to reducing carbon emissions across all scopes, demonstrating their dedication to sustainability and climate action.
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 | 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 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.