AXA is committed to protecting the environment, both as a responsible insurer and as an environmentally responsible corporation by:
The AXA Group and local entities signed or joined the various initiatives in the area of environmental protection (and/or CR more generally). The Group signed: the World Business Council for Sustainable Development (WBCSD), manifesto for Energy Efficiency in buildings (2010), the "Kyoto Statement" (Geneva Association: AXA Group 2009), "Caring for Climate" (WBCSD/UNEP FI/UN Global Compact: AXA Group 2008), Carbon Disclosure Project (AXA Group partnership since 2005), "Sustainable Development Charter" (Fédération Française des Sociétés d'Assurances: AXA France, 2009) and Investor Statement on Climate Change (International Investor Group on Climate Change: AXA IM, 2008).
In 2013, AXA signed the UNISDR Private Sector Commitment for Disaster Risk Reduction and is represented in their Advisory Board Group. These principles cover 5 key areas around the role that the private sector can take to further encourage Disaster Prevention, Resilience and Risk Reduction (e.g. increase public private partnership, share risk management expertise, etc.).
AXA is also member of 2° Investing Initiative (multi-stakeholder think tank).
In 2013, AXA Group's Corporate Responsibility and operational teams (e.g. procurement, IT, marketing, HR) worked closely to set ambitious 2020 targets which will steer AXA to a more sophisticated and embedded environmental strategy.
As a result, AXA set a new Global Key Performance Indicator (KPI) target for the 2012-2020 period:
This target is broken-down into the following targets:
In addition, the Group has also set two environmental targets that are unrelated to carbon emissions:
In addition to these core objectives, AXA aims at improving its waste management, especially electronic waste, in particular by implementing the Waste Electronic and Electrical Equipment (WEEE) Directive in all AXA sites worldwide. This directive is of particular relevance to AXA Technology Services, the Group's entity managing IT equipment.
In April 2017, AXA also validated a target to procure 100% of its electricity from renewable energy sources by 2025.
All of these targets are monitored on a regular basis and reported on annually to help local entities measure progress on their own action plans and targets.