Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

AXA Environmental & Social Information 2012

Sep 27, 2012

1135_iss_2012-09-27_47eebf89-67f1-4d35-aba3-f80abd5dd3b7.pdf

Environmental & Social Information

Open in viewer

Opens in your device viewer

AXA Group confirms its strong ESG performance

  • AXA's environmental, social and governance performance places well above the industry average
  • AXA is a member of well-recognized socially responsible investing (SRI) indices
  • The Carbon Disclosure Project (CDP) recognizes the effectiveness of AXA's responses to climate change
  • Dow Jones Indexes and SAM (Sustainable Asset Management), an environmental, social and governance rating agency, recently published the results of their 2012 assessment.

The AXA Group obtained 74/100, a score that is significantly above the average for the insurance industry (50/100). AXA outperforms its sector on all 19 assessment criteria. In particular, it stood out for the quality of its risk and crisis management policies, environmental management, customer relations, labor-management dialogue and initiatives to promote employee diversity and integration.

AXA's membership in the "DJSI World1 " and "DJSI Europe2 " indices has also been confirmed for 2012. These two indices are important benchmarks for SRI fund managers and include the world's most advanced companies in terms of corporate responsibility.

AXA's score and its continued inclusion in both indices are recognition of the Group's strong ESG performance, all the more so since the indices have raised their standards for the insurance sector.

  • FTSE Group recently confirmed the AXA Group's inclusion in the FTSE4Good3 series of SRI indices, which are based on detailed ESG analyses carried out by EIRIS, an independent social rating agency.
  • The social rating agency Sustainalytics updated its analysis of AXA in 2012. AXA scored 75/100 and is the 6th highest performing company, based on ESG criteria, in a global list of 126 insurers.

1 DJSI: Dow Jones Sustainability Index. DJSI World features 340 sustainability leaders in 2012 out of a reference investment

universe of 2,500 companies worldwide (Dow Jones Global Index). For more information: www.sustainability-index.com. 2 DJSI Europe features 166 companies out of the 600 companies included in the Dow Jones Europe reference index. 3

For more information: http://www.ftse.com/Indices/FTSE4Good_Index_Series.

The Carbon Disclosure Project4 (CDP) recently published its latest assessment of company strategies to reduce greenhouse gas emissions.

The AXA Group has been named to the Carbon Performance Leadership Index for the second consecutive year. This index now highlights the 33 companies from the FTSE Global 500 (the world's 500 largest companies) that are developing the most effective responses to climate change. It is used by investors to help assess how companies perform in issues involving their environmental footprint.

"AXA's external social ratings and its continued inclusion in the world's top indices for environmental, social and governance performance reflect the strength of the Group's corporate responsibility strategy. The tremendous success of the Corporate Responsibility Week last June, which garnered the participation of over 50,000 employees in nearly 40 different countries, shows that AXA's teams feel concerned and committed to implementing this strategy. We must continue our work to improve our performance over the next few years and fully perform our mission of assisting and protecting people over the long term" said Alice Steenland, Corporate Responsibility Director of the AXA Group.

* * *

For more information about:

  • AXA Group's Corporate Responsibility strategy: http://www.axa.com/en/responsibility/
  • AXA Group's SRI ratings: http://www.axa.com/en/responsibility/sri/

About the AXA Group

The AXA Group is a worldwide leader in insurance and asset management, with 163,000 employees serving 101 million clients in 57 countries. In 2011, IFRS revenues amounted to Euro 86.1 billion and IFRS underlying earnings to Euro 3.9 billion. AXA had Euro 1,065 billion in assets under management as of December 31, 2011.

The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISN FR 0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). AXA's American Depository Share is also quoted on the OTC QX platform under the ticker symbol AXAHY.

The AXA Group is included in the main international SRI indexes, such as Dow Jones Sustainability Index (DJSI) and FTSE4GOOD, and is a founding member of the UN Environment Programme's Finance Initiative (UNEP FI) Principles for Sustainable Insurance.

This press release is available on the AXA Group website

www.axa.com

AXA Media Relations:

Guillaume Borie: +33.1.40.75.49.98
Hélène Caillet: +33.1.40.75.55.51

IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS

Certain statements contained herein are forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties. Please refer to the section "Cautionary statements" in page 2 of AXA's Document de Référence for the year ended December 31, 2011, for a description of certain important factors, risks and uncertainties that may affect AXA's business. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise.

4 Independent coalition which coordinates actions of 655 institutional investors calling for climate change risk mitigation. See: https://www.cdproject.net/CDPResults/CDP-Global-500-Climate-Change-Report-2012.pdf.