Emergency exit: committing to coal phase-out
While the list of actions needed to meet climate objectives remains long, varied and urgent, today’s number one priority remains to address the paramount cause of climate change, namely thermal coal. AXA’s new climate policy increases the stringency of its existing coal policy, tackling not only coal expansion and installed coal capacity, but also committing to a long-term total coal exit.Related content
AXA’s new climate strategy sets the bar high
AXA’s 2019 Coal Policy underlines its 2017 “no new coal” message, which is in full alignment with the UN Secretary-General’s statement at the Climate Action Summit in September 2019, appealing for no new coal power plants to be built after 2020.
