AXA Rewarded for its Carbon Footprint Disclosure

Scoring 100 out of 100 in 2014 (a six-point increase), AXA received the highest possible marks for its comprehensive and high-quality reporting for the Climate Disclosure Project (CDP). ALL NEWS  |  Commitment
Oct 23, 2014

Each year, the CDP questions more than 2,000 companies about their carbon footprint. On October 15, 2014, the CDP published this year's report on the disclosure and performance of companies in managing climate change. With a grade of 100/100, AXA obtained the highest possible score for the quality of its reporting. Only three French groups achieved this top grade, and AXA was the only financial services company to do so. The group provided comprehensive information on the measurement and management of its carbon footprint, its climate change strategy, and risk management processes and outcomes. AXA therefore qualifies for inclusion in the Climate Disclosure Leadership Index (CDLI), which distinguishes those companies that have shown the highest levels of transparency and comprehensiveness in their responses to the CDP.

The CDP represents more than 700 institutional investors holding $92 trillion in assets, helping them identify the climate-related risk in their investment portfolios by gathering clear, transparent information about companies' greenhouse gas emissions and their strategies for managing climate change. This NGO founded in the United Kingdom has forged itself a worldwide reputation by providing a global system for companies to measure, disclose, manage and share environmental information.

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