Below are the strategy goals, which AXA XL described as ambitious.
Addressing climate change
Integrating ESG (environmental, social, and governance)
“The window of opportunity to build a resilient future for the planet is rapidly closing,” said AXA XL chief executive Scott Gunter in an emailed release. “Our new strategy aims to raise awareness of biodiversity risks to inspire clients and colleagues to put nature first.
“As a leading commercial insurer and reinsurer, partnering with many of the world’s major corporations and brands, we know that focussing on sustainability is not just a good thing to do, it’s good risk management.”
Gunter added: “Consumers’ interest in the environmental and social governance standards of companies they buy from, increased activism, shareholder pressures, and greater regulatory oversight are all important factors which put sustainability at the very heart of how companies operate.”
Details of AXA XL’s “Roots of resilience” sustainability strategy can be viewed here.