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 86 is higher than 93% 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 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 reduction targets, committing to a 50% reduction in Scope 1 and 2 emissions by 2030, based on a 2019 baseline. Additionally, AXA aims to transition its investment portfolios to net-zero greenhouse gas emissions by 2050. The company has also established interim carbon intensity reduction targets of 25% by 2025 and 50% by 2030 for its corporate assets. The AXA Group's climate commitments include a focus on reducing energy consumption by 10% and paper consumption by 20% per person by 2025. Furthermore, AXA is actively engaging in initiatives to achieve net-zero emissions across its insurance, reinsurance, and investment portfolios by 2050, reflecting its commitment to sustainability and climate resilience. All emissions data is sourced from AXA SA, the parent company, and is not cascaded from any other organization.
Access structured emissions data, company-specific emission factors, and source documents
2009 | 2010 | 2011 | 2012 | 2013 | 2019 | 2020 | 2021 | 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 | 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.