Transitioning together: How AXA XL is supporting clients on the net zero journey

ESG
10/10/2022Article

Supporting our clients as they transition to more sustainable business models is a key part of our strategy, say Xavier Veyry, Chief Executive Officer, APAC & Europe and Corinne Southarewsky, Chief Distribution Officer and Chief Claims Officer, APAC & Europe at AXA XL.

Tackling climate change will involve a gargantuan effort if the world is to reach net zero by 2050. All businesses will need to rethink their business models and adopt low carbon technologies, creating new risks and uncertainties. 

When it comes to climate change, AXA is a recognised leader within the insurance industry. Last year AXA helped establish the UN Net-Zero Insurance Alliance (NZIA), and was a founding signatory to the UN’s Principles for Sustainable Insurance in 2012. While such commitments are important, we believe our biggest contribution to tackling climate change will come from our support for clients. 

Our strategy is to leverage our expertise in risk to provide solutions, whether its insuring renewable energy projects, helping our clients mitigate the risks of climate change, or supporting their ESG goals. We believe that we can make a real difference by sharing our knowledge and developing products and services to help build more resilient and sustainable businesses and communities. 

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