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 92% 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 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.
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 | 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 |
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.
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.

Common questions about Axa's sustainability data and climate commitments