Strategy and commitments
The socially responsible corporation lies at the crossroads between social development, respect for the environment and economic performance.
With the concept of sustainable development, society recognizes the essential role of businesses in its own development and expects this economic enabler to be leveraged today for the benefit of future generations as well. AXA contributes to this balance between generations as a responsible corporation as well as through its Financial Protection business.
Sustainable development is defined as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs" (Brundtland Commission report for the UN, 1987). It therefore involves striking a balance between the interaction of three domains - environment, social and economic - over the long term. Sustainable development does not call into question economic growth, the market economy or globalization, but rather seeks to better define their boundaries.
Financial protection involves offering the Group's customers - individuals as well as small, mid-size and large businesses - a wide range of products and services that meet their insurance, protection, savings and financial planning needs throughout their lives. To do this, AXA analyzes and anticipates the occurrence of all kinds of risks that its customers may be faced with, individually or collectively.
Furthermore, drawing on its expertise on risk and its economic model, AXA firmly believes that every risk represents an opportunity. In this way, the Group is able to take a proactive approach to the challenges relating to sustainable development and corporate social responsibility. Its strategic approach is incorporated into the Ambition 2012 corporate project, which aims in time to make AXA the "preferred company" in its industry.
What are the contents of the AXA Group's sustainable development strategy? What commitments and governance systems illustrate and implement this strategy?
- Strategy
- Commitments
- Compliance
- Highlights