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.
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 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.
AXA's score of 53 is higher than 75% 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 39,072,000 kg CO2e, with emissions distributed across various scopes: 764,000 kg CO2e (Scope 1), 4,318,000 kg CO2e (Scope 2), and a significant 33,990,000 kg CO2e (Scope 3). This represents an increase from 2022, when total emissions were about 26,650,000 kg CO2e, with Scope 1 at 1,100,000 kg CO2e, Scope 2 at 4,557,000 kg CO2e, and Scope 3 at 20,993,000 kg CO2e. AXA has set ambitious climate commitments, aiming for a 50% reduction in greenhouse gas emissions related to energy (Scope 1 and 2), company fleet, and business travel by 2030, compared to 2019 levels. This target is part of their broader goal to achieve net-zero emissions for their own operations by 2030. Additionally, AXA is committed to aligning its investment portfolio with net-zero emissions targets by 2050. The company’s emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. AXA's ongoing efforts reflect a strong commitment to sustainability and climate action within the insurance industry.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,838,000 | 0,000,000 | 000,000 | 0,000,000 | 000,000 |
Scope 2 | 5,727,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 37,945,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 not participating in any 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.