AXA Sustainability Profile
AXA, officially known as AXA Group, is a leading global insurance and asset management company headquartered in Paris, France. Founded in 1816, AXA has established a strong presence in major operational regions, including Europe, North America, and Asia-Pacific. The company operates primarily in the insurance industry, offering a diverse range of products and services, including life, health, property, and casualty insurance. AXA is renowned for its innovative solutions, such as personalised insurance plans and digital services that enhance customer experience. With a commitment to sustainability and social responsibility, AXA has achieved notable milestones, including recognition as one of the world's largest insurers by market capitalisation. The company's focus on customer-centricity and technological advancement positions it as a formidable player in the global insurance market.
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 Business 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 53 is higher than 73% 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 2023, AXA reported total carbon emissions of approximately 150,458,000 kg CO2e. This figure includes 21,598,000 kg CO2e from Scope 1 emissions, 30,712,000 kg CO2e from Scope 2 emissions, and a significant 169,296,000 kg CO2e from Scope 3 emissions. This represents an increase from 2022, when total emissions were about 126,436,000 kg CO2e, with Scope 1 at 21,382,000 kg CO2e, Scope 2 at 37,172,000 kg CO2e, and Scope 3 at 185,354,000 kg CO2e. In 2019, total emissions were reported at 228,295,000 kg CO2e. AXA has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 and 2 emissions by 2030, relative to 2019 levels. This target includes emissions from energy use, company vehicles, and business travel, with plans to offset remaining emissions through high-quality carbon credits. Additionally, AXA is committed to aligning its investment portfolio with Net-Zero emissions goals by 2050. These initiatives reflect AXA's dedication to addressing climate change and reducing its carbon footprint, positioning the company as a leader in sustainability within the insurance and investment sectors.
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| 2019 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 33,617,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 59,232,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 258,541,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is AXA's Industry?
How Carbon Intensive is AXA's Location?
AXA's Climate Goals (2030 & 2050)
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 not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
