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AXA Versicherungen AG complies with the 5 steps of climate action and is ClimatePartner certified

About the certification

Certified since

05.2024

Certified until

06.2025

Certification ID

H2TM6A

Certification type

Business operations

Location or entity

Winterthur

About the company

Full name of legal entity

AXA Versicherungen AG

Around two million customers trust in AXA’s expertise in personal, property, liability and life insurance as well as healthcare and occupational benefits insurance. With innovative products and servicView company details

The 5 steps of climate action

The following 5 steps are required for ClimatePartner certification:

Scroll down to see how the requirements were met.

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Step 1
Carbon footprint icon

Carbon footprints

The corporate carbon footprint (CCF) is the starting point for climate action. The CCF gives you clear insights into a company's greenhouse gas emissions - for example, you can identify where the carbon hotspots are and define emission reduction measures accordingly to mitigate the company's climate impact effectively.

This carbon footprint calculation covers data from the period January 2023 - December 2023

Carbon footprint (in CO₂ equivalents):

13,632,100 Kg CO₂

Included in the carbon footprint

Different emission sources, called scopes, are covered by the carbon footprint. All scope 1 and scope 2 emissions are included in this carbon footprint, while only applicable scope 3 emissions are included. The scopes are defined as follows:
  • Scope 1 includes all directly generated emissions that a company controls, for example fuel for company cars.
  • Scope 2 includes indirect emissions caused by purchased energy, for example electricity.
  • Scope 3 includes indirect emissions from a company's activities, which may cover, for example, employee commuting, logistics, and the production of raw materials.
Scope 3 emissions included in this carbon footprint:
Fuel- and energy-related activities not included in scope 1 or scope 2
Employee commuting
Business travel
Waste generated in operations
Franchises
Step 2
reduction targets icon

Reduction targets

Reduction targets are an essential part of a company's climate action strategy. By setting concrete targets, companies define the areas, scope, and timeframe for implementing reduction measures.*

Scope 1 and 2 emissions

Scope 1 emissions include all emissions that are either directly generated by the company or under direct control of the company, for example fuel for company cars. Scope 2 emissions are indirect emissions generated by purchased energy, such as electricity.

This company has committed to reducing its emissions by

293 t CO₂

Time period

2019 to 2025

Science-based target

Yes, matching the well below 2 °C ambition level

Scope 3 emissions

Scope 3 emissions come from all company activities that are not directly under its control, for example, employee commuting and business travel, as well as activities that occur throughout the company's value chain.

Scope 3 emissions included in this reduction target:

Business travel

This company has committed to reducing its emissions by

623 t CO₂

Time period

2019 to 2025

Science-based target

Yes, matching the well below 2 °C ambition level

* This section contains third party content, which was provided by the certified company to ClimatePartner.
Step 3
Reduction Measures Icon

Reduction measures

To meet their reduction targets, it is important for companies to plan and implement concrete measures to achieve effective climate action. This section shows you the reduction measures that have been implemented.*

100%

of the total electricity consumption is purchased green electricity


4%

of the total electricity consumption is self-generated green electricity*

*This section contains third party content, which was provided by the certified company to ClimatePartner.
*A consumption greater than 100% indicates the energy is fed into the electricity grid and can be used by other households and companies.
Step 4
Impact contribution icon

Climate projects

This company financially contributes to certified climate projects during the certificiation period (1). This contribution is intended to accelerate collective efforts towards achieving global net-zero emissions and (3) supports the United Nations Sustainable Development Goals. Supported projects undergo regular audits by independent third parties to ensure transparency and accountability. However, this financial contribution is not included in the associated greenhouse gas (GHG) inventory nor considered towards meeting decarbonization goals (2). Therefore, it does not impact the carbon footprint of the certified product, company or service.

Number of projects supported:

2

Climate projects were financed for the following amount of emissions:

13,632,100 Kg CO₂ *

Climate projects supported

AfforestationGuanaré-Uruguay

Afforestation, Guanaré-Uruguay

impact contribution locationGuanaré-Uruguay
impact contribution standardVCS
Improved cookstovesMaharashtra-India

Improved cookstoves, Maharashtra-India

impact contribution locationMaharashtra-India
impact contribution standardVCS

All climate projects at ClimatePartner fulfil strict criteria defined by widely-recognised international standards. Among other things, the projects are required to undergo regular independent monitoring and auditing.

Step 5
transparency icon

Transparency

An essential part of a company's climate action journey is to make its ambition and achievements visible. The ClimatePartner label is a core component that businesses use to make their climate data and actions fully accessible and transparent to their customers.

More information about AXA Versicherungen AG's sustainability efforts

This company has provided additional information about their overall climate action strategy as well as the concrete steps they are taking to reduce their emissions.

Climate Strategy AXA Switzerland

About ClimatePartner certification

ClimatePartner certification provides transparent disclosure of a company’s entire climate action strategy, including carbon footprints, emissions reduction targets, implemented reductions, and financial contribution towards climate projects worldwide.
Find out more on ClimatePartner certification by reading the ClimatePartner Protocol.
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