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 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, AXA reported total carbon emissions of approximately 66,404,000 kg CO2e, comprising 6,878,000 kg CO2e from Scope 1, 2,553,000 kg CO2e from Scope 2, and a significant 56,973,000 kg CO2e from Scope 3 emissions. This data highlights the substantial impact of indirect emissions, particularly from the supply chain and business travel. AXA has set ambitious climate commitments, including a target to reduce carbon intensity by 25% by 2025 and 50% by 2030, based on a 2019 baseline. These targets apply to corporate assets and are part of their broader Net-Zero ambition, which aims for net-zero greenhouse gas emissions across their investment portfolios by 2050. Additionally, AXA is committed to reducing its Scope 1 and 2 emissions by 50% by 2030. The company has also established interim targets for energy consumption, aiming for a 10% reduction in total energy use and a 20% reduction in paper consumption per person by 2025. These initiatives reflect AXA's commitment to sustainability and its role in facilitating the transition to a low-carbon economy. AXA's emissions data and reduction targets are cascaded from its parent company, AXA SA, ensuring alignment with corporate family sustainability goals.
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.