April 16, 2021
AXA is launching France's first mission-based network, inspired by the mission-based companies created by the PACTE law. At the heart of this network is the Group's purpose: to act for human progress by protecting what matters.
Passed in 2019, the PACTE* law (Action Plan for Business Growth and Transformation) aims to give companies the means to innovate, transform, grow, and create jobs. This law introduces the status of "company with a mission," which allows a company to declare its purpose through several social and environmental objectives.
To become a "responsible and committed" network, it must fulfill four conditions:
The network has recently expressed AXA's purpose as a mission for AXA Prévoyance & Patrimoine general Agents with regard to customers: "To give you durable advice to protect your life projects and pass on a more responsible world".
Behind these 4 commitments, there are concrete actions that will be audited every year by an independent firm.
Last year, we inaugurated the AXA Group's purpose at our General Meeting. Today, I am very happy to see it translated into concrete action. AXA Prévoyance & Patrimoine general Agents will embody our purpose as close to the customer as possible. This is a first that we can be proud of.
Responsible investment has developed considerably around the world and can be explained in particular by the rise of institutional investors, growing awareness on the part of companies, and the encouragement of governments.
Saving in search of "meaning" and in a "responsible" way is a growing need for the French, especially in times of crisis like Covid-19.