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 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 38 is higher than 90% 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 commitment to transparency in their emissions reporting, particularly in Scope 3, which includes significant contributions from business travel. In 2022, AXA's total emissions were about 112,728,000 kg CO2e, with Scope 1 emissions at 21,382,000 kg CO2e, Scope 2 at 37,172,000 kg CO2e, and Scope 3 at 185,354,000 kg CO2e. The company has shown a gradual reduction in emissions over the years, with a notable decrease in Scope 3 emissions from business travel, which dropped from 90,584,000 kg CO2e in 2019 to 17,460,000 kg CO2e in 2020. AXA has committed to near-term reduction targets, although specific numerical targets have not yet been disclosed. The company is actively working towards establishing these targets, with a deadline set for July 31, 2023. While AXA has not yet committed to a net-zero target, their ongoing initiatives reflect a proactive approach to managing and reducing their carbon footprint within the financial services sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2010 | 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 | 92,646,000 | 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.