AXIS Capital Holdings Ltd

Common Name
AXIS Capital Holdings
Country
Bermuda
Sector
Financial Services
Industry
Insurance - Specialty
Employees
1,876
Ticker
AXS
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Axis Capital Holdings Ltd. is a global provider of specialty insurance and reinsurance services. The company's primary function is to offer risk management and risk transfer solutions to clients and b...

AXIS Capital Holdings's Climate Target Data Preview

As of 2024, AXIS Capital Holdings has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into AXIS Capital Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2030
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Verified Sources Behind AXIS Capital Holdings’s Climate Targets 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 AXIS Capital Holdings’s data sources below and access millions more through our Disclosure Search.

a. AXIS Capital Holdings's TCFD Report 2024
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b. AXIS Capital Holdings's TCFD Report 2023
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Insights into AXIS Capital Holdings's Greenhouse Gas Emissions Pathways

As of 2024, AXIS Capital Holdings has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a b

Does AXIS Capital Holdings have a target to reduce the emissions from its operations?

As of 2024, AXIS Capital Holdings has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b

AXIS Capital Holdings's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 4,313 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a b

AXIS Capital Holdings has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a b

AXIS Capital Holdings's Operational (Scope 1+2) Emissions Pathway

20192023203001.5 k3 k4.5 k6 kBaselineCurrent (-55%)
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