AXA XL, AXA’s property and casualty and special risks division, has set 23 targets in its three-year sustainability strategy called “Roots of Resilience”.
Below are the goals of the strategy, which AXA XL described as ambitious.
valuing nature
- Understand our impact
- Promotion of nature protection
- Highlight the risks of nature
- Assess the value of nature
- Reforestation in critical areas
- Joining forces for nature
- training partners
- Promotion of local biodiversity
tackling climate change
- Driving green businesses
- Reducing our carbon footprint
- Driving towards net zero
- Sharing society-led climate solutions
- Transition to a low carbon economy
ESG (environmental, social and governance) integration
- Supporting our communities
- ESG training delivery
- Developing our talent
- Prioritize inclusion and diversity
- Driving ESG innovations
- Catalyze ESG conversations
- Implementation of ESG action plans
- Supply chain risk management
- Improve governance
- Report on our performance
“The window of opportunity to build a resilient future for the planet is rapidly closing,” AXA XL CEO Scott Gunter said in an emailed statement. “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 leading corporations and brands, we know that focusing on sustainability isn’t just a good thing to do, it’s good risk management.”
Gunter added: “Consumer interest in the environmental and social governance standards of the companies they buy from, increased activism, shareholder pressures and increased regulatory oversight are major factors putting sustainability at the center of how companies operate.
Details of the AXA XL “Roots of Resilience” sustainability strategy you can see it here.
