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 79 is higher than 100% 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 26,225,708,000 kg CO2e, with emissions distributed across various scopes: 21,934,000 kg CO2e from Scope 1, 26,008,000 kg CO2e from Scope 2, and a significant 26,177,766,000 kg CO2e from Scope 3. This represents a substantial commitment to transparency in their carbon footprint, particularly in Scope 3, which includes emissions from investments and business travel. AXA has set ambitious climate commitments, aiming to reduce the carbon intensity of its General Account assets by 50% between 2019 and 2030. This target is part of their broader strategy to achieve "Net-Zero" emissions by 2050, with intermediate targets to be published every five years to track progress. In recent years, AXA has demonstrated a proactive approach to managing its carbon emissions, with a notable reduction in business travel emissions from 139,152,000 kg CO2e in 2009 to 92,646,000 kg CO2e in 2010, showcasing their efforts to mitigate their environmental impact. Overall, AXA's climate commitments reflect a strong dedication to sustainability and responsible investment practices, aligning with industry standards and expectations for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2009 | 2010 | 2011 | 2012 | 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | - | - | 00,000,000 | 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 |
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 | 000,000,000 | 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 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.