|Date joined:||23 April, 2002|
|Initiatives:||Asset Owner Alliance and Principles for Sustainable Insurance|
AXA Group is a worldwide leader in Financial Protection. Financial Protection involves supporting our clients – individuals as well as small, mid-size and large businesses – throughout their lives by responding to their insurance, protection, retirement savings and estate planning needs.
AXA’s operations are geographically diverse, with major operations in Western Europe, North America and the Asia/Pacific area. AXA had €827 billion in assets under management as of June 30, 2004, and reported total revenues of €37 billion and underlying earnings of €1,436 million for first half 2004. Total revenues for the first nine months of 2004 were €54 billion.
Axa & Sustainability / CSR
Aware and proud of our contribution to the economic and social development of the countries in which the Group is present, we seek to do business responsibly by living up to consistent values and stakeholder commitments throughout the world.
As such, AXA has established a set of Stakeholders commitments applicable to AXA operations worldwide. Finalized in 2003, these commitments are an integral part of AXA’s strategy. They offer a succinct presentation of the spirit of responsibility and empowerment that characterize AXA’s relationship with its stakeholders.
In 2001, AXA appointed a Group level Head of Sustainable Development in charge of designing the Group policies and coordinating actions. Members of the AXA Executive Committee have also appointed a sustainable development manager for their operating units, responsible for devising actions plans designed to ensure compliance with AXA’s Stakeholders Commitments.
AXA will also seek to manage its own direct environmental impacts by adopting an annual environmental reporting system for all AXA Group administrative facilities worldwide. The information that emerges from this process will be used to optimise the management of major environmental impacts, including paper consumption and waste generation and recycling.