S&P Dow Jones Indices1 and RobecoSAM2 recently announced the results of the 2013 Dow Jones Sustainability Indices (DJSI) review3
AXA’s overall score4 has increased by 4 points, from 74 to 78/100, a level significantly above the sector average (48/100).
In particular, AXA has increased its score regarding the following items:
- Environmental footprint management;
- Integration of ESG issues in upstream risk assessment and product development processes;
- Supply chain management;
- Community involvement;
- Human capital development.
AXA’s membership within the DJSI World and DJSI Europe indices is again confirmed. These indices are important benchmarks for SRI fund managers and include the world’s most advanced companies in terms of corporate responsibility.
- The CDP (formerly known as the Carbon Disclosure Project)5 has also released its 2013 ranking. With a “Carbon Performance” score of 94/100 (+6 points vs. 2012) and an A ranking for performance, AXA has the highest score in the insurance industry. AXA is included in the CDP’s Carbon Performance Leadership Index (CPLI) for the third consecutive year. This index highlights companies within the FTSE Global Equity Index Series (Global 500) that have demonstrated a strong commitment to climate change strategy, governance, stakeholder communications and emission reduction in their CDP responses6
- Finally, Sustainalytics7 has updated its ranking: AXA’s overall score increased from 75 to 81/100 and is the 4th highest performing insurance company out of 140. AXA’s strengths highlighted by the agency are its strong compliance processes, responsible investment strategy, social dialogue commitments, as well as its environmental policy.
“Three years after formalizing AXA’s Corporate Responsibility strategy, we are very proud of our progress, which is visible in-house and now clearly recognized by external experts. Our improved ESG ratings and our presence in global SRI indexes are a great recognition but also a call to continue to integrate ESG factors into our core business activities, notably with regards to customer relations, product development and distribution”, said Alice Steenland, Corporate Responsibility Director ofthe AXA Group.
For more information about:
- AXA Group’s Corporate Responsibility strategy: http://www.axa.com/en/responsibility/
- AXA Group’s SRI ratings: http://www.axa.com/en/responsibility/sri/
