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 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.
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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. This includes substantial contributions from investments (approximately 26,323,325,000 kg CO2e) and purchased goods and services (about 552,834,000 kg CO2e). AXA has set ambitious reduction targets, committing to a 50% reduction in GHG emissions related to energy (Scopes 1 and 2) by 2030, using 2019 as the baseline. Additionally, they aim for a 25% reduction in carbon intensity for corporate assets by 2025. The company is also transitioning its investment portfolios to achieve net-zero GHG emissions by 2050, with interim targets to be published every five years. In 2023, AXA's total emissions were approximately 26,225,708,000 kg CO2e, with Scope 1 emissions at about 21,934,000 kg CO2e and Scope 2 emissions (market-based) at approximately 26,008,000 kg CO2e. The Scope 3 emissions for that year were around 26,177,766,000 kg CO2e. AXA's commitment to sustainability is further demonstrated through its participation in the Science Based Targets initiative (SBTi), where it has submitted targets for reducing emissions from its operations (Scopes 1 and 2) by 31% by 2025. The company is also focused on reducing the carbon intensity of its General Account assets by 50% between 2019 and 2030. Overall, AXA's climate commitments reflect a robust strategy aimed at significantly reducing its carbon footprint while transitioning towards a more sustainable investment approach.
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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 | 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.
