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Public Profile
Insurance Services
FR
updated 15 days ago

Axa Sustainability Profile

Company website

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.

86

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.

33

Industry Benchmark

Axa's score of 86 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

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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 around 23,146,000 kg CO2e, and a significant Scope 3 total of approximately 27,037,251,000 kg CO2e. This includes substantial contributions from investments (about 26,323,325,000 kg CO2e) and purchased goods and services (approximately 552,834,000 kg CO2e). AXA has set ambitious reduction targets, committing to a 50% reduction in GHG emissions related to energy (Scope 1 and 2) by 2030, based on a 2019 baseline. Additionally, the company aims to transition its investment portfolios to net-zero GHG emissions by 2050. Interim targets include a 25% reduction in carbon intensity by 2025. The company’s emissions data is sourced from AXA SA, reflecting its comprehensive approach to climate commitments. AXA's initiatives align with industry standards, demonstrating a commitment to sustainability and responsible investment practices.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2009201020112012201320192020202120232024
Scope 1
-
-
-
-
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
216,542,000
000,000,000
000,000,000
000,000,000
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
139,152,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000,000
00,000,000
00,000,000
00,000,000,000
00,000,000,000

How Carbon Intensive is Axa's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Axa's primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Axa's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Axa is in FR, which has a very low grid carbon intensity relative to other regions.

Axa's Scope 3 Categories Breakdown

Axa's Scope 3 emissions, which increased by 3% last year and increased significantly since 2009, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 97% of Scope 3 emissions.

Top Scope 3 Categories

2024
Investments
97%
Purchased Goods and Services
2%
Business Travel
<1%
Employee Commuting
<1%
Capital Goods
<1%
Fuel and Energy Related Activities
<1%
Downstream Transportation & Distribution
<1%

Axa's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Axa has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Axa's Emissions with Industry Peers

Metlife

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 days ago

PZU

PL
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 11 days ago

Hsbc Holdings

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Northwestern Mutual

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Swiss Reinsurance Company Ltd

CH
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 11 days ago

The Manufacturers Life Insurance Company

CA
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 28 days ago

Frequently Asked Questions

Common questions about Axa's sustainability data and climate commitments

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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