AXA today announced the launch of the AXA Forests for Good program to help restore damaged forest ecosystems and make them more resilient to climate change.
The 3-year program will be deployed on 600 of the 15,000 hectares of forest owned by AXA in France, and managed by AXA IM. To carry out this project, AXA will be surrounded by a consortium of actors, led by Reforest'Action, and composed of France Nature Environnement, Inrae, Jura Nature Environnement, AgroParisTech and Société Alpine de Protection de la Nature-France Nature Environnement Hautes-Alpes. They will combine their environmental, social, technical and educational expertise.
The AXA Forests for Good programme will have 4 main objectives:
With AXA Forests for Good, the Group is strengthening its global forest protection plan. Last year, AXA announced a €1.5 billion investment program to support the sustainable management of forest ecosystems and the protection of biodiversity.
We are proud to launch the AXA Forests for Good programme today with recognised experts in this field. This is another important step in our commitment to protect forest ecosystems, following on from our actions in this area in 2013 against unsustainable palm oil exploitation and in 2021 for sustainable forest management. This programme is also part of our global strategy to fight global warming and preserve biodiversity.
President and Founder of Reforest'Action
The droughts and fires that occurred in France this summer are a reminder of the extent to which our forest ecosystems are exposed to climate change. Given the extent of the threat, which is increasing, in addition to that of diseases and insects affecting trees, it is essential to promote a better understanding of these issues in the field and to restore diverse forests that are better adapted to tomorrow's climate. This is the purpose of the AXA Forests for Good programme, which we are pleased to support, and which brings together a number of renowned organisations.