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 50 is higher than 98% 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 169,296,000 kg CO2e, with emissions distributed across various scopes: 21,598,000 kg CO2e from Scope 1, 30,712,000 kg CO2e from Scope 2, and 169,296,000 kg CO2e from Scope 3. This reflects a significant commitment to transparency in their carbon footprint. Over the years, AXA has shown a trend of reducing emissions from business travel, with Scope 3 emissions from this category decreasing from about 139,152,000 kg CO2e in 2009 to approximately 9,058,000 kg CO2e in 2019. In 2020, total emissions were reported at 110,017,000 kg CO2e, with Scope 1 emissions at 40,894,000 kg CO2e and Scope 3 emissions from business travel at 17,460,000 kg CO2e. AXA has committed to near-term climate targets, although specific reduction targets have not yet been established. The company is actively working towards compliance with the Science Based Targets initiative (SBTi) and has pledged to submit its targets by July 31, 2023. However, AXA has not yet committed to a net-zero target. Overall, AXA's climate commitments reflect a proactive approach to managing and reducing carbon emissions, aligning with industry standards and expectations for financial institutions in the context of climate change.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2009 | 2010 | 2011 | 2012 | 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
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 |
Scope 3 | 139,152,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 0,000,000 | 000,000,000 | 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.