Public affairs

Public Affairs

AXA has published its own public affairs Charter to describe the purpose and organization of the Group's public affairs department and to present the commitments taken to guarantee the fairness and transparency of exchanges with public authorities. This charter is regularly updated.

In particular, AXA commits to being transparent on the core topics of focus and positions defended by the public affairs’ teams, and to provide public decision-makers with reliable, verifiable and updated information.

In order to guarantee transparency, the public affairs Charter also includes a list of the professional organizations, federations and think tanks of which AXA is a member at Group level, as well as a link to AXA's registration on public institutions' official lobbying registries.

The AXA Group public affairs Charter is an affirmation of AXA's willingness to be compliant with the highest standards in terms of corporate social responsibility best-practices and new expectations.

Through the membership of its CEO or chairman, AXA is a member of several professional and trade associations at Group level and in most of the countries where it operates. AXA contributes directly to the positions of the professional associations of which it is a member and ensures that these positions are consistent with the Group's objectives.

In 2023, the total amount of membership fees of AXA Group to professional organizations, federations and think tanks was €559 677.  The main items of this budget are the Association Française des Entreprises Privées - Afep (€ 77 000), the Geneva Association (CHF 76 000) and the International Institute of Finance (USD 79 500).

The corresponding amounts are reported in the below template. They cover AXA SA contributions:

AXA is a member of the following main associations and trade bodies (non-exhaustive list)

At global level:

• Geneva Association
• IIF (International Institute of Finance)

At European level:

• EFR (European Financial Services Roundtable) 
• PEIF (Pan European Insurance Forum)
• CFO forum (Chief Financial Officer Forum)
• CRO forum (Chief Risk Officer Forum)
• Eurofi

At national level:

• Paris Europlace (France)
• AFEP (Association Française des Entreprises Privées)
• France Assureurs (French national insurance association)
• GDV (German national insurance association)
• ANIA (Italian national insurance association)

Here is the list of the main EU legislative proposals or policies that the AXA Group focuses on:

• Prudential and Financial Regulation (Solvency II, Insurance Capital Standard, International Financial Reporting Standards)
• Capital Market Union
• Sustainable Finance policies (Taxonomy, SFDR, CSRD, CS3D)
• Consumer Protection (Retail Investment Strategy including Insurance Distribution Directive (IDD), and key information documents for packaged retail and insurance-based investment products)
• Digital (incl. Artificial Intelligence Act, Financial Data Access, European Health Data Space, Data Act)
• Cybersecurity policies (Cyber Security Act)
• Anti-money laundering (AML)

AXA does not generally contribute to political parties. The only exception is in Switzerland, where political donations are common practice.

In Switzerland, AXA finances all parties represented in the federal parliament with a minimum of 5 seats, upon written request from these parties. The amount is 690 CHF per seat. In 2023, the total amount did not exceed 170,000 Euros. In addition, in 2023, AXA Switzerland provided financial support to the youth wings of political parties and young politicians. The amount per candidate did not exceed CHF 3,000 and CHF 5,000 per youth wing of a political party. In total AXA Switzerland has paid an additional 16,000 CHF.

AXA Compliance and Ethics Code sets the standards on political contributions across the group.