The Group's environmental, social, and governance (ESG) performance is evaluated by various organisations, including rating agencies serving the research needs of the socially responsible investment (SRI) market. The Group is generally ranked above average (RobecoSAM), FTSE4GOOD and Euronext Vigeo Europe 120 and Euronext Vigeo France 20 (Vigeo Eiris).
The following tables present an overview of the Group's main ESG ratings and scores.
Dow Jones Sustainability Index (DJSI)
RobecoSAM, Switzerland
The Dow Jones Sustainability Indexes are compiled on the basis of wide-ranging surveys by Dow Jones Indexes in cooperation with SAM Group. They are recognised worldwide as an important set of indexes for sustainable corporate governance and award the best in class in each category.
| 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AXA Score | Sector Average | AXA Score | Sector Average | AXA Score | Sector Average | AXA Score | Sector Average | AXA Score | Sector Average | AXA Score | Sector Average | |
| Economic | 82% | 54% | 87% | 61% | 87% | 59% | 84% | 58% | 79% | 60% | 77% | 61% |
| Social | 85% | 41% | 80% | 41% | 76% | 42% | 65% | 40% | 69% | 40% | 65% | 41% |
| Environment | 92% | 44% | 88% | 46% | 87% | 44% | 86% | 43% | 88% | 45% | 80% | 46% |
| General Score | 85% | 47% | 85% | 50% | 83% | 48% | 77% | 47% | 78% | 48% | 74% | 50% |
| Percentile ranking | 99th | 95th | 96th | 87th | 93th | 78th | ||||||
| Inclusion in DJSI Europe | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |||||
| Inclusion in DJSI World | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
FTSE4GOOD index
The FTSE4Good Index Series has been designed to objectively measure the performance of companies that meet globally recognised corporate responsibility standards.
| 2017 | 2016 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|
| General Score | 4.0 | 3.8 | 3.1 | 3.7 | 3.7 |
| Environment | 5 | 5 | 5 | 5 | 5 |
| Social | 4.3 | 4.7 | 2.8 | 2 | 2 |
| Governance | 3.4 | 2.6 | 2.6 | 4 | 4 |
| Inclusion in FTSE4GOOD index | Yes | Yes | Yes | Yes | Yes |
Vigeo Eiris
Vigeo Eiris*, France
Vigeo Eiris index component stocks are the companies rated highest for control of corporate responsibility risk and contribution to sustainable development. Performance is measured by the Equitics® method pioneered by Vigeo.
| 2017 | 2016 | 2014 | 2012 | 2010 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| AXA Score | AXA Rating | AXA Score | AXA Rating | AXA Score | AXA Rating | AXA Score | AXA Rating | AXA Score | AXA Rating | |
| Human Resources | N/A | N/A | 64 | ++ | 58 | ++ | 53 | + | 51 | + |
| Human rights | N/A | N/A | 61 | ++ | 57 | + | 52 | + | 55 | + |
| Community involvement | N/A | N/A | 79 | ++ | 71 | ++ | 44 | + | 42 | + |
| Environment | N/A | N/A | 81 | ++ | 74 | ++ | 65 | + | 57 | + |
| Business behaviour | N/A | N/A | 63 | ++ | 57 | + | 53 | + | 55 | + |
| Corporate governance | N/A | N/A | 64 | + | 60 | = | 49 | = | 56 | = |
| Inclusion in Euronext Vigeo - World 120 index | Yes | Yes | Yes | No | N/A | |||||
| Inclusion in Euronext Vigeo -Europe 120 index | Yes | Yes | Yes | Yes | N/A | |||||
| Inclusion in Euronext Vigeo -Eurozone 120 index | Yes | Yes | Yes | Yes | N/A | |||||
| Inclusion in Euronext Vigeo -France 20 index | Yes | Yes | Yes | Yes | N/A | |||||
| Inclusion in Ethibel Sustainability indices | Yes | Yes | Yes | Yes | Yes | |||||
| Ranking in sector | N/A | 1/42 | 1/37 | N/A | N/A | |||||
| General score | N/A | 68 |
ISS - Oekom
ISS Environmental & Social QualityScore
ISS Environmental and Social QualityScore is a decile-based score that provides a measure of a company’s environmental and social practices as well as the quality of disclosure around these practices. A score of 1 places the company in the 1st decile of the industry, indicating relatively higher quality disclosure and transparency.
AXA received a score of 1 for both the Environmental and Social dimensions.
| Dimensions | 2018 Score |
|---|---|
| Environmental | 1 |
| Social | 1 |
Archives Oekom
| 2018 | 2017 | 2016 | 2013 | 2012 | 2009 | 2007 | 2006 | |
|---|---|---|---|---|---|---|---|---|
| AXA rating | C+ "Prime" | C+ "Prime" | C "Prime" | C "Prime" | C "Prime" | C+ "Prime" | C "Prime" | C "Prime" |
| Social rating | C+ | C+ | C "medium" | C "medium" | C "medium" | C+ | C "medium" | C "medium" |
| Environmental rating | C+ | C+ | C "medium" | C+ | C "medium" | C+ | C "medium" | C "medium" |
Sustainalytics
Sustainalytics is an award-winning global responsible investment research firm specialized in environmental, social and governance (ESG) research and analysis.
In 2015, AXA ranks n°2 out of 150 insurance companies.
| 2015 | 2014 | 2013 | 2011 | ||||
|---|---|---|---|---|---|---|---|
| Criteria | AXA Score | AXA Score | Sector Average | AXA Score | Sector Average | AXA Score | Sector Average |
| Environment | 88/100 | 75/100 | 50/100 | 80/100 | 48/100 | 63/100 | 47/100 |
| Social | 86/100 | 81/100 | 63/100 | 78/100 | 61/100 | 79/100 | 60/100 |
| Governance | 87/100 | 86/100 | 56/100 | 86/100 | 55/100 | 82/100 | 53/100 |
| General Score | 87/100 | 81/100 | 55/100 | 81/100 | 55/100 | 75/100 | 53/100 |
Carbon Disclosure Project (CDP)
The Carbon Disclosure Project is an alliance of large institutional investors who teamed up with the aim of making companies' greenhouse gas emissions and climate change strategies transparent for the financial market.
| 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|
| AXA Score | A- | B | B | 100/100 | 94/100 | 88/100 | 92/100 | N/A |
| Emissions Management | A- | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Climate Governance and Strategy | A- | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Climate Risk and opportunity management | A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Climate Disclosure | N/A | N/A | 98/100 | 100/100 | 94/100 | N/A | 92/100 | N/A |
| Inclusion in the Climate Performance Leadership Index (CPLI) | N/A | N/A | No | No | Yes | Yes | Yes | No |
| Inclusion in the Climate Disclosure Leadership Index (CDLI) | N/A | N/A | No | Yes | Yes | No | Yes | No |
Principles for Responsible Investment (PRI)
The United Nations-supported Principles for Responsible Investment (PRI) Initiative is an international network of investors working together to put the six Principles for Responsible Investment into practice. Its goal is to understand the implications of sustainability for investors and support signatories to incorporate these issues into their investment decision making and ownership practices.
| 2017 | 2016 | 2015 | |
|---|---|---|---|
| AXA Score | AXA Score | AXA Score | |
| Strategy and governance | A+ | A+ | A+ |
| Private Equity | A+ | A | C |
| Listed Equity – Incorporation | N/A | A | A |
| Listed Equity – Active Ownership | A+ | A | A |
| Fixed Income SSA | A+ | A+ | A |
| Fixed Income – Corporate financial | A+ | A | N/A |
| Fixed Income – Corporate non-financial | A | N/A | N/A |
| Fixed Income – Securitized | B | N/A | N/A |
| Property | A | N/A | N/A |
| Infrastructure | B | N/A | N/A |
IPREO
Ipreo research has identified over 500 funds globally that are specifically dedicated to SRI investment strategies. Ipreo’s quarterly SRI Leaders Index gives a view across the companies most widely held by SRI investors, companies with the largest percentage of shares held by SRI funds, the largest SRI funds, and investment firms devoting significant capital to SRI funds.
AXA’s ranking in the Ipreo SRI Leaders Index - Top 100 Companies Most Widely Held by SRI Funds:
| 2017 | 2016 | 2015 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Winter | Fall | Summer | Spring | Winter | Fall | Summer | Spring | Winter | Fall | Summer | Spring | |
| AXA Score | 6/100 | 13/100 | 12/100 | 7/100 | 12/100 | 11/100 | 10/100 | 9/100 | 6/100 | 6/100 |
AODP
The AODP Global Climate Insurance Index rates and ranks the world’s largest insurance companies on their response to climate-related risks and opportunities and evaluate the level of integration of these risks and opportunities in investment and underwriting activities.
| 2018 | 2017 | |
|---|---|---|
| Rating | AAA | AA |
| Rank | 1 | 2 |