AXA Group is committed to its social responsibility and follows clearly defined guidelines when investing. The so-called ESG (environmental, social, governance) criteria form an integral part of our financial analyses and risk management. In order to promote positive developments, we will be increasing our sustainable investments in the coming years.
Sustainability criteria play a key role in the investment process. AXA wants to know what the opportunities and risks are when it invests in a company. The well-being of people and the environment is a major concern for us.
Only the equities and bonds of companies that fulfill the expanded sustainability requirements of our investment strategy will be included in the AXA Group investment portfolio.
Within the AXA Group, the Responsible Investment Committee (RIC) is responsible for drawing up and monitoring the guidelines. In collaboration with recognized providers of sustainability analyses and rating agencies, such as MSCI, the portfolios are analyzed regularly for their environmental, social and governance (ESG) conformity and, if necessary, adjustments are made.
The AXA Group has set itself the goal of continuously expanding its impact-oriented investments. These provide a concrete and measurable contribution to the improvement of ecological problems (forest loss, fish decline, pollution) and insufficient social living standards (hunger, hygiene, education).
These investments meet comprehensive ecological, economic and social sustainability criteria. They focus on environmentally responsible business practices and projects.
Like green investments, impact investments also belong to the sustainable asset classes that AXA develops and promotes as part of its sustainable investment strategy.
The AXA Group has launched two funds promoting these objectives:
Responsible investment also requires the withdrawal from controversial investments. As early as 2015, the AXA Group was the first major insurance company to withdraw millions from its investments in oil sand and coal. The full withdrawal will be completed in the OECD area by 2030 and worldwide by 2040. It has also strengthened its underwriting policy for insurance risks. AXA prohibits insurance business (with the exception of employee services) with customers that develop new coal projects with a capacity exceeding 300 MW.
In this connection, our investment strategy includes the following restrictions:
Individual investors can have a significant positive impact on sustainable developments – but only if they make use of their strength. AXA takes its investment responsibility seriously and participates in the sustainability dialogue.
We exercise our voting rights in the general and shareholder meetings of companies and make our voting behavior public.
A member of Swiss Sustainable Finance (SSF), AXA Switzerland participates as a network partner in the development of Switzerland into the leading financial center for sustainable services.
AXA is a member of international initiatives:
We take part in an ongoing exchange with relevant associations and organizations in Switzerland: