assemblée générale axa face à ses contradictions

Reclaim Finance criticizes AXA and AXA IM for maintaining financial support for new fossil fuel projects despite their public commitment to a 1.5°C trajectory. The statement highlights that AXA continues to provide insurance for new oil and gas projects and that AXA IM has historically voted in favor of insufficient climate plans from oil majors like TotalEnergies, Shell, and BP.

• AXA continues to provide insurance coverage for new oil and gas production projects, with only some non-conventional sectors excluded. While AXA intends to stop supporting new oil projects by 2024, this lags behind the IEA Net-Zero scenario which required no new oil projects as of January 2022. For gas, AXA has no plan to stop insuring new projects in conventional gas, the Arctic, or shale gas.
• AXA and AXA IM utilize policies that allow exceptions for companies claiming to have 'credible and robust' transition plans, but these policies fail to require the cessation of oil and gas expansion. AXA IM's 'three strikes out' engagement process is characterized as a marketing slogan because it allows companies until 2030 to set decarbonization targets for scope 3 emissions.
• Analysis of AXA IM's voting record over two years shows complacency toward European oil majors. AXA IM opposed shareholder resolutions in 2020 and 2021 that asked TotalEnergies, Shell, and BP to increase climate action, and instead voted for the climate plans of Shell and TotalEnergies in 2021.

APA

admin (2022). assemblée générale axa face à ses contradictions. Reclaim Finance. https://reclaimfinance.org/site/2022/04/25/assemblee-generale-axa-face-a-ses-contradictions/

Chicago

admin. assemblée générale axa face à ses contradictions. Reclaim Finance, 2022. https://reclaimfinance.org/site/2022/04/25/assemblee-generale-axa-face-a-ses-contradictions/.

Wikipedia

{{cite press release |last1=admin |title=assemblée générale axa face à ses contradictions |publisher=Reclaim Finance |date=25 April 2022 |url=https://reclaimfinance.org/site/2022/04/25/assemblee-generale-axa-face-a-ses-contradictions/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2022assemble, author = {admin}, title = {{assemblée générale axa face à ses contradictions}}, publisher = {Reclaim Finance}, year = {2022}, month = apr, url = {https://reclaimfinance.org/site/2022/04/25/assemblee-generale-axa-face-a-ses-contradictions/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }