Overview
- Location
France
- Sector
Banking, Financial and Insurance Services
- Organisation type
- Business
Company Information
The AXA Group is a publicly listed insurance and asset management company, headquartered in Paris, France. In 2021, the company reported a total of 149,000 employees operating in 60 countries and a gross revenue of 100 billion Euro.*
Our progress towards decarbonization
GHG Emissions
Our actions – the Pathway
- Have a short-medium term GHG emissions reduction target (scope 1+2) with a 2.1% year-on-year reduction at a minimum
- Have an internal price on carbon
- Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process
MRV: Pact MRV in place
Status date: Submitted (29/07/2022)
Data source: CDP Climate Change 2022
Emissions -FS
Our actions – the Pathway
- Take action to align our portfolio to a 1.5°C world
- Join the NetZero Asset Owner Alliance
- Assess if clients/investees’ business strategies are aligned to a well below 2-degree world
- Have an engagement strategy to encourage our investees to set a science-based GHG emissions reduction targets
- Conduct analysis to understand the impact of our investment portfolio on the planet, in line with TCFD recommendations
MRV: Pact MRV in place
Status date: Submitted (29/07/2022)
Data source: CDP Climate Change 2022
Energy
North Star
- AXA Group has a company-wide target to consume 100% of electricity from renewable sources by 2025 from a baseline of 59.0% renewable electricity consumption in 2016
Pledge: Have a target for 100% renewable electricity consumption by no later than 2050, in line with the RE100 technical criteria
MRV: Pact MRV in place
Status date: Submitted (29/07/2022)
Data source: CDP Climate Change 2022
Governance & Strategy
North Star
- AXA Group has a publicly available 1.5°C aligned low-carbon transition plan
MRV: Pact MRV in place
Status date: Submitted (29/07/2022)
Data source: CDP Climate Change 2022
How we want to achieve this – our roadmap
- Publicly disclose climate and environmental data to investors and customers through a public platform
- Have board-level oversight of climate-related issues
- Have a process for identifying, assessing, and responding to climate-related risks and opportunities
- Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals
MRV: Pact MRV in place
Status date: Submitted (29/07/2022)
Data source: CDP Climate Change 2022
Value chain engagement
Our actions – the Pathway
- Have an ongoing and transparent dialogue with our value chain around climate-related issues
MRV: Pact MRV in place
Status date: Submitted (29/07/2022)
Data source: CDP Climate Change 2022