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 74 is higher than 85% 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. 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 climate commitments, including a target to achieve net-zero greenhouse gas emissions across its investment portfolios by 2050. Additionally, the company aims to reduce its GHG emissions related to energy (Scope 1 and 2) by 50% by 2030, using 2019 as a baseline. Interim targets include a 25% reduction in carbon intensity by 2025. These commitments are part of AXA's broader strategy to transition to a low-carbon economy and align with the Net-Zero Asset Managers Initiative (NZAMI). AXA's emissions data is sourced from AXA SA, reflecting its global operations. The company is actively working towards reducing its environmental footprint through various initiatives, including energy efficiency improvements and sustainable investment practices.
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| 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 |
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.
