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 93 is higher than 100% 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 emissions distributed across various scopes: 21,054,000 kg CO2e (Scope 1), 23,146,000 kg CO2e (Scope 2, market-based), and a significant 27,037,251,000 kg CO2e (Scope 3). The previous year, 2023, saw total emissions of about 26,225,708,000 kg CO2e, indicating a slight increase in emissions year-on-year. AXA has set ambitious reduction targets as part of its climate commitments. The company aims to achieve a 50% reduction in its greenhouse gas emissions related to energy (Scopes 1 and 2) by 2030, using 2019 as the baseline year. Additionally, AXA has committed to reducing the carbon intensity of its General Account assets by 50% between 2019 and 2030. For its corporate assets, interim carbon intensity reduction targets of 25% by 2025 and 50% by 2030 have also been established. Furthermore, AXA is dedicated to transitioning its investment portfolios to net-zero greenhouse gas emissions by 2050, reflecting its long-term commitment to sustainability. The company has also submitted a target to the Science Based Targets initiative (SBTi) for a 31% reduction in Scope 1 and 2 emissions by 2025. Overall, AXA's climate strategy encompasses a comprehensive approach to reducing emissions across all scopes, with a focus on both immediate and long-term goals to mitigate its environmental impact.
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| 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 | 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 |
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.
