Climate & energy

Climate & energy

AXA is committed to climate protection and to using natural resources sustainably. We are reducing our carbon emissions in Switzerland year after year. We have set ourselves ambitious targets under our climate strategy. Commitments and partnerships focusing on sustainability support our approach.

  • Climate-neutral company
  • Ambitious environmental targets
  • Commitment to climate protection and society

AXA - a climate-neutral company

AXA Switzerland has already significantly reduced the carbon emissions it generates through its operations. Thanks to our consistent carbon reduction and compensation programs, today we are a climate-neutral company.

The ClimatePartner label

Our target: Net zero emissions by 2025

AXA Switzerland wants to achieve net zero emissions from its operations by 2025.  This means that we compensate for our remaining unavoidable carbon emissions solely through projects, that use negative emissions technologies to draw the same amount of CO2 from the atmosphere and save it over the long term.

1. How high are our carbon emissions?

To reach our targets, we have identified where carbon emissions are generated in our business and how high they are. The calculation takes account of emissions relating to  

  • our office buildings
  • our vehicle fleet
  • business travel by our workforce
  • use of our IT infrastructure
  • our consumption of paper and materials
  • our suppliers and external service providers
  • our staff restaurants
  • commuter traffic of our workforce
  • the work of our employees who work from home and 
  • our 340 branches

Our carbon footprint

Together with climate protection consultants ClimatePartner , we have drawn up our carbon footprint for 2020.

Carbon emissions generated by office buildings, workforce and distribution of AXA in Switzerland in 2020

Carbon footprint AXA Switzerland 2020

 

2. Our target: 21% fewer carbon emissions 

The carbon footprint  helps us to identify our reduction potential and develop measures. By 2025, we want to reduce the carbon emissions we generate through our energy consumption and business travel (including our vehicle fleet) by 21% compared to 2019.

3. Compensating for our carbon emissions

We are compensating for the remaining carbon emissions of our business by supporting high-value and externally certified climate protection projects. 

Our environmental targets

We attach great importance to protecting the environment and conserving resources. Between 2012 and 2019, we almost  halved our consumption of resources. We have set ourselves additional environmental targets for the period 2019 - 2025. In order to hit these targets, we continuously realize projects aimed at saving energy, paper, water, waste and carbon. 

  • By 2025, we are aiming to cut the consumption of office and marketing paper by 20% compared to 2019.

    We are aiming to cut the consumption of office paper from an average of 15 kg per full-time equivalent (2019) by 20% by 2025. We use only recycling paper or paper from fibers of FSC-certified forests.

  • Our water consumption is expected to fall by 11% from 2019 to 2025.

    We have set ourselves the target of reducing the average water consumption per full-time equivalent by 11% from 8 m3 (2019) to 7 m3 in 2025.

  • We are aiming to reduce our carbon emissions by 21% from 2019 - 2025.

    We are aiming to cut the carbon emissions generated by our energy consumption and business travel (including vehicle fleet) per full-time equivalent from 0.60 tons of carbon (2019) to 0.48 tons in 2025.

Energy-efficient buildings

AXA is a member of the Zurich Energy Model and we have been successfully implementing measures to improve energy efficiency in our office buildings since 2010.

Electricity from 100% renewable sources

Since 2009, we have been drawing our power from 100% renewable energy, mostly from Swiss hydropower. AXA also produces its own energy from solar power with its own photovoltaic systems on our office buildings in Winterthur, Lausanne and Lugano.

Eco-friendly mobility

Our employees are encouraged to travel in an eco-friendly way and to take the train rather than fly or drive. We promote public transport,  cycle stations and electric charging stations, and we also work together with Mobility as our car-sharing partner. We are also increasingly carrying out customer consultations via video.

Flexible working

Thanks to smart working, our employees can work flexibly from home, in the office or in co-working spaces.  This saves many commutes.

Our commitments

Through our sustainable investments, offers, real estate and partnerships, we aim to support our customers and make a contribution to climate protection.

Investments

Offers

Real estate

  • Our real estate portfolio is analyzed using ESG criteria (Environmental, Social, Governance) and the sustainability aspects of the properties are being constantly improved.
  • The energy consumption and emission targets of our real estate portfolio are geared towards the 1.5 degree target of the Paris Climate Agreement.

Partnerships

  • As a member of the Swiss Climate Foundation, we support energy efficiency and climate protection projects at Swiss SMEs. 
  • AXA is involved  in many projects relating to the environment and society.

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