AXA was the first insurer to take action on coal in 2017 but has not kept up with the growing urgency of the climate crisis and is now falling behind its peers. AXA hasn’t excluded support for DRC oil drilling.
AXA
2023 Scorecard on Insurance, Fossil Fuels and the Climate Emergency
| Company | Country | ceo | Underwriting | Investment | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | Coal | Oil & Gas | Total | Coal | Oil & Gas | ||||||
AXA | | Thomas Buberl | 4.54 / 10 Rank 8 Total 4.54 / 10 Coal 9.33 / 10 Oil & Gas 1.98 / 10 Total Rank 8 Coal Rank 2 Oil & Gas Rank 9 | 9.33 / 10 Rank 2 | 1.98 / 10 Rank 9 | 5.6 / 10 Rank 3 Total 5.6 / 10 Coal 10 / 10 Oil & Gas 3.3 / 10 Total Rank 3 Coal Rank 1 Oil & Gas Rank 6 | 10 / 10 Rank 1 | 3.3 / 10 Rank 6 | |||
CEO: Thomas Buberl
FranceUnderwriting Score
Total
4.54 / 10
Rank 8
Coal
9.33 / 10
Rank 2
Oil & Gas
1.98 / 10
Rank 9
Investment Score
Total
5.6 / 10
Rank 3
Coal
10 / 10
Rank 1
Oil & Gas
3.3 / 10
Rank 6
Rank over time
The companies were ranked from 1 (best) to 30 (worst) based on their scores, companies with the same score were given the same rank. Data was not collected on oil & gas until 2020.
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