AXA tops insurance industry in corporate sustainability index

Group improves on last year's result and achieves its highest-ever score

AXA tops insurance industry in corporate sustainability index

Insurance News

By Gabriel Olano

AXA has received the highest score among insurers in S&P Global’s 2022 Corporate Sustainability Assessment (CSA). At 91/100, AXA has improved its score by four points from 2021 and achieved its highest result ever.

Breaking down the result, AXA obtained scores of 94/100 on social, 91/100 on governance and economy, and 82/100 on environment.

AXA also announced that it has been included in the Dow Jones Sustainability Indices (DJSI) for the 16th consecutive year. The DJSI is an index used by investors to identify leading companies in the field of sustainable development. To become eligible for inclusion in the DJSI, the highest-ranked companies in the CSA must meet several additional criteria set by S&P Global.

According to AXA, performance in the DJSI is one of the seven indicators of its Progress Index, a tool launched in 2021 by the group to track its progress on sustainable and responsible development. Several key indicators in this index are considered in the remuneration of the group's executives and nearly 5,000 employees.

“AXA's sustainability strategy is at the heart of its purpose: acting for human progress by protecting what matters,” said Ulrike Decoene, chief communication, brand and sustainability officer of AXA Group. We are very proud of this achievement which is the result of the relentless efforts of our teams and partners to integrate a responsible approach across our organisation and bring AXA close to the highest ESG standards of our industry. This result encourages us to further strengthen our positive impact for communities and the economy on some of the most pressing global challenges, be it climate transition, access to health or building a more inclusive society.”

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