Axa

Multi-line Insurance
CS.PA
€ 23 0
Share price
$ 51 bn
Market Cap
$ 96 bn
Enterprise Value

Carbon footprint

0.58 Ton
GHG emissions per $ 1 mln investment
0.01x the weighted average for S&P 500
FY2021
How is this calculated?
-18%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

+6.4%
Proj. YOY change in GHG emissions (Scope 1 + 2)
FY2022
How is this calculated?

Axa aims to reduce Scope 1 + 2 by 31% by 2025 from a base year 2019

This target is most likely outdated and the company appears to have already achieved it
This target has not been verified as science based according to SBTi
Axa's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Axa's GHG emissions (market-based) (Kt of CO2e)
Axa's Carbon intensity (Tons per 1 USDm)

Axa's carbon footprint

Axa reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 55 Kt (-12 /-17.6% y-o-y). Also positively, carbon intensity declined to 0.4 t (-0.1 /-20% y-o-y).

Axa's Scope 3 emissions decreased to 3.9 Kt (-14 /-77.9% y-o-y). This is a higher rate of decline than over the period since 4Q'19 (-65.1% CAGR).

The company is committed to reducing Scope 1 + 2 by 31% by 2025 from a base year 2019, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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