AXA Group Climate Report Renewed Action in a Time of Crisis

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Will the pandemic offer a new chance to shape a greener, more sustainable economy? AXA strives to leverage its climate leadership to support a recovery which is aligned with the Paris Agreement. In November 2019 AXA launched four new developments in their climate journey.

AXA committed to achieving investment “climate neutrality” by 2050, AXA doubled their green investments target to €24 billion by 2023, AXA launched the “Transition Bond” asset class and announced a total exit from the coal industry via massively strengthened underwriting restrictions.