La crédibilité dAXA en matire climatique est en jeu

A coalition of environmental organizations, including Reclaim Finance and Greenpeace France, urges AXA to align its energy policy with the IEA's Net Zero Emissions scenario by stopping the underwriting of new fossil fuel exploration and infrastructure. The letter argues that AXA, as a leader in the Net-Zero Insurance Alliance and a pioneer in coal divestment, must now phase out support for oil and gas expansion to maintain its climate credibility and shareholder value.

• The authors argue that AXA should align its policies with the International Energy Agency's (IEA) 2021 World Energy Outlook, which states that a net zero emissions scenario requires no new fossil fuel exploration or new oil and natural gas fields beyond those already approved for development.
• AXA is identified as one of the top-10 underwriters for the oil and gas industry and is accused of insuring the exploration of oil reserves in fragile ecosystems near the mouth of the Amazon.
• The coalition demands that AXA implement two specific measures: immediately stop services to all new oil and gas production and transportation infrastructure (including LNG terminals), and phase out services to companies developing such infrastructure by 2023.
• The letter highlights AXA's previous leadership in coal divestment, noting it was the first major insurer to divest from coal in 2015, restrict coal project underwriting in 2017, and adopt a comprehensive coal exit policy in 2019.

APA

Pinson, L., Bosshard, P., Ruby-Sachs, E., Julliard, J.-F., Landon, A., Gaiji, K., & Schucking, H. (2021). La crédibilité dAXA en matire climatique est en jeu. Reclaim Finance. https://reclaimfinance.org/site/2021/10/21/la-credibilite-daxa-en-matiere-climatique-est-en-jeu/

Chicago

Pinson, Lucie, Peter Bosshard, Emma Ruby-Sachs, Jean-Francois Julliard, Audrey Landon, Khaled Gaiji, and Heffa Schucking. La crédibilité dAXA en matire climatique est en jeu. Reclaim Finance, 2021. https://reclaimfinance.org/site/2021/10/21/la-credibilite-daxa-en-matiere-climatique-est-en-jeu/.

Wikipedia

{{cite press release |last1=Pinson |first1=Lucie |last2=Bosshard |first2=Peter |last3=Ruby-Sachs |first3=Emma |last4=Julliard |first4=Jean-Francois |last5=Landon |first5=Audrey |last6=Gaiji |first6=Khaled |last7=Schucking |first7=Heffa |title=La crédibilité dAXA en matire climatique est en jeu |publisher=Reclaim Finance |date=21 October 2021 |url=https://reclaimfinance.org/site/2021/10/21/la-credibilite-daxa-en-matiere-climatique-est-en-jeu/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{pinson2021crdibilit, author = {Pinson, Lucie and Bosshard, Peter and Ruby-Sachs, Emma and Julliard, Jean-Francois and Landon, Audrey and Gaiji, Khaled and Schucking, Heffa}, title = {{La crédibilité dAXA en matire climatique est en jeu}}, publisher = {Reclaim Finance}, year = {2021}, month = oct, url = {https://reclaimfinance.org/site/2021/10/21/la-credibilite-daxa-en-matiere-climatique-est-en-jeu/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }