Axa

"The company AXA has set a net zero target of 2050, with an interim target of reducing emissions by 40.0% relative to 2010 emissions by 2030. Net Zero Tracker
This target covers Carbon dioxide and other greenhouse gases. Net Zero Tracker
An interesting fact about AXA's environmental policy is that the company uses or plans to use nature-based carbon removal methods, such as forestation and soil carbon enhancement, within its target boundary. Net Zero Tracker
The company's leadership is formally accountable for delivery on its target. Net Zero Tracker
In addition, you can check out the net-zero commitments and data …"

Current Score (vs. LY)

44.7 pts (-5.0)

Last Update: Dec. 18, 2024

Current Rankings

Global: #86

CAC40: #21

Financials: #11

76.7%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

41.7%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

16.7%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 23,36226,29237,889
Scope 2 - location-based 53,49263,91488,558
Scope 2 - market-based 31,99740,89462,765
Scope 1-2 - location-based 76,85490,206126,447
Scope 1-2 - market-based 55,359 67,186 100,654
Scope 3 29,58642,830115,882
Total - location-based 106,440133,036242,329
Total - market-based 84,945 110,016 216,536

Note: Data sources detailed here

Y2022
Total CO2e estimate (by Net0Tracker) 3,390,195
Methodology Pre-calculated sector intensity (revenue)

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

38k26k23k89k64k53kY2019Y2020Y2021020k40k60k80k100k120k
Operational EmissionsEmissions (in tons of CO​2​e)
Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

13.1%86.9%
Scope 3EmissionsY2021

Emissions Trajectory (Full Scopes)

2019202020212022202320242025202620272028202920302031203220332034203520362037203820392040204120422043204420452046204720482049205000.5M1M1.5M2M2.5M3M3.5M
GHG Emissions TrajectoryAxaGHG Emissions


Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Société généraleAmerican International Group (AIG)AxaWells FargoBNP ParibasFidelity National Information ServicesVisa Inc.American ExpressJPMorgan Chase & Co.Chubb LimitedCME GroupS&P GlobalAonAflacMasterCard Inc.Progressive CorporationMetLife Inc.Prudential plcNatWest GroupLloyds Banking GroupHSBCMorgan StanleyBarclaysBlackRock Inc.PayPalUS BancorpWorldlinePNC Financial ServicesCrédit agricoleAllstate CorpBank of AmericaCharles Schwab CorpTruistThe Bank of New York MellonAllianzThe Travelers Companies, IncCapital One FinancialMoody's CorporationMarsh McLennanCitigroup Inc.Global PaymentsFiservGoldman Sachs GroupArthur J. Gallagher & Co.432100k9876543210k987654321000945678910B23456789100B
246810Intensity BenchmarkSector: Financialshigh----------Scope1+2 Emissions----------lowRevenue

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Axa belongs to the sector Financials.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions


Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments


Science-based Targets (SBTI)

Date Published / Updated :01/06/2015

Near-term Long-Term Net Zero Standard
Committed No target No
Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for AXA by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals Yes
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Yes (nature-based removals e.g. Forestation, soil carbon enhancement)

Data source from zerotracker.net - For more information, see methodology

Score Summary

RefPrinciple Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 5.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 8.0 10.0 0.0
Transparency 23.0 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 10.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 4.2 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 0.0
7 Targets are science-based as validated by SBTi 2.5 10.0 0.0
Commitments 16.7 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 5.0 10.0 -5.0
Results 5.0 30.0 -5.0
Total44.7100.0-5.0


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2024 Score 2023 Score Vs. 2023 2022 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? partly 2.5 / 5.0 2.5 0.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? partly 2.5 / 5.0 2.5 0.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? B 8.0 / 10.0 8.0 0.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 3.0 0.0
Does the net zero target include an intermediate target by 2030? 2025 3.0 / 3.0 3.0 0.0
Does the net zero target include all the emissions? yes 4.0 / 4.0 4.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2025 4.2 / 5.0 4.2 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? 2050 0.0 / 5.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 0.0 0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Committed NA 2.5 / 10.0 2.5 0.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 2.2°C 5.0 / 10.0 10.0 -5.0
Total 44.7 / 100.0 49.7 -5.0


Available Data Sources

Reporting Year 2021 2021 2021 2020 2020 2019 2019 2018
Source Public NZPDU Yourstake Public NZPDU Public NZPDU NZPDU
Publication Year 2023 2022 2022 2023 2021 2023 2020 2019
Scope 1 23,362 23,362 23,362 26,292 26,292 37,889 37,889 38,778
Scope 2 - location-based 53,492 53,492 53,492 63,914 63,914 88,558 88,558 95,476
Scope 2 - market-based 31,997 31,997 31,997 40,894 40,894 62,765 62,765 69,160
Scope 1-2 - location-based 76,854 76,854 76,854 90,206 90,206 126,447 126,447 134,254
Scope 1-2 - market-based 55,359 55,359 55,359 67,186 67,186 100,654 100,654 107,938
Scope 3 29,586 7,104,747 108,432 42,830 7,860,603 115,882 4,531,368 4,479,785
Total - location-based 106,440 7,181,601 185,286 133,036 7,950,809 242,329 4,657,815 4,614,039
Total - market-based 84,945 7,160,106 163,791 110,016 7,927,789 216,536 4,632,022 4,587,723

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email