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
France
France Thomas Buberl
4.54 / 10
Rank 8
Total 4.54 / 10
Coal 9.33 / 10
Oil & Gas 1.98 / 10
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
10 / 10
Rank 1
3.3 / 10
Rank 6
CEO: Thomas Buberl
France France

Underwriting 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

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.

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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