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AXA SA
AXA's GHG Emissions Data Preview
In 2024, AXA completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
AXA has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
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cVerified Sources Behind AXA’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore AXA’s data sources below and access millions more through our Disclosure Search.
Insights into AXA's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofAXA amounted to67,966metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of AXAdecreased by 1.66%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
AXA's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are AXA's Scope 1 emissions?
In 2024, the total Scope 1 emissions of AXA were 21,054 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has AXA reduced its Scope 1 emissions over time?
Since 2019, AXA's Scope 1 emissions have decreased by 33.34%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), AXA's Scope 1 emissions decreased by 4.01%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are AXA's Scope 2 emissions?
In 2024, AXA reported Scope 2 greenhouse gas (GHG) emissions of 23,146 tCOâ‚‚e using the market-based method and 46,912 tCOâ‚‚e using the location-based method.a
Has AXA reduced its Scope 2 emissions over time?
Since 2019, AXA's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 31.79%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), AXA's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that AXA's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does AXA use for Scope 2 reporting?
In 2024, AXA reported its Scope 2 emissions using the market-based method and using the location-based method.a
AXA's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into AXA's Value Chain Emissions
In 2024, AXA reported 27,037,251 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of AXA includes a breakdown across 7of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
AXA's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are AXA's Scope 3 emissions?
In 2024, AXA reported total Scope 3 emissions of 27,037,251 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 2.64%of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.36%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has AXA reduced its Scope 3 emissions over time?
Since 2019, AXA's Scope 3 emissionshave increased by 13,173.99%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), AXA's Scope 3 emissions remained relatively stable, indicating that AXA's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does AXA disclose?
In 2024, AXA reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of AXA's Scope 3 emissions?
In 2024, the largest contributors to AXA's Scope 3 emissions were:a
- Investments (Cat. 15): 26,323,325 tCOâ‚‚e(97.36%)
- Purchased Goods and Services (Cat. 1): 552,834 tCOâ‚‚e(2.04%)
- Business Travel (Cat. 6): 56,833 tCOâ‚‚e(0.21%)
AXA's Scope 3 Emissions by Categories
Insights into AXA’s GHG Emissions Intensity Compared to Industry Peers
In 2024, AXA reported Scope 1 greenhouse gas (GHG) emissions of 21,054 tCOâ‚‚e and total revenues of USD 93,490 millions. This translates into an emissions intensity of 0.23 tCOâ‚‚e per millions USD.a
AXA's Scope 1 Emissions Intensity Compared to Peers
How does AXA's GHG emissions intensity compare to its peers?
In 2024, AXA reported a Scope 1 emissions intensity of 0.23 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.43, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does AXA rank on GHG emissions intensity within its industry?
In 2024, AXA ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
AXA is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into AXA's Total Carbon Footprint
In 2024, AXA reported a total carbon footprint of 27,105,217 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.27% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to AXA's total carbon footprint was Scope 3 emissions, accounting for 99.75% of the company's total carbon footprint, followed by Scope 2 emissions at 0.17%.a