AXA XL, the property & casualty and specialty threat division of AXA, has set 23 targets in its three-year sustainability technique referred to as “Roots of resilience”.
Below are the technique targets, which AXA XL described as formidable.
Valuing nature
- Understanding our influence
- Promoting nature safety
- Highlighting nature dangers
- Assessing the worth of nature
- Reforesting in essential areas
- Joining forces for nature
- Training colleagues
- Promoting native biodiversity
Addressing local weather change
- Boosting inexperienced enterprise
- Reducing our carbon footprint
- Driving towards internet zero
- Sharing societal-led local weather options
- Transitioning to a low-carbon economic system
Integrating ESG (environmental, social, and governance)
- Supporting our communities
- Delivering ESG coaching
- Developing our expertise
- Prioritising inclusion & variety
- Empowering ESG improvements
- Catalysing ESG conversations
- Rolling out ESG motion plans
- Managing provide chain dangers
- Enhancing governance
- Reporting on our efficiency
“The window of opportunity to build a resilient future for the planet is rapidly closing,” stated AXA XL chief government Scott Gunter in an emailed launch. “Our new technique goals to boost consciousness of biodiversity dangers to encourage shoppers and colleagues to place nature first.
“As a leading commercial insurer and reinsurer, partnering with many of the world’s major corporations and brands, we know that focussing on sustainability is not just a good thing to do, it’s good risk management.”
Gunter added: “Consumers’ interest in the environmental and social governance standards of companies they buy from, increased activism, shareholder pressures, and greater regulatory oversight are all important factors which put sustainability at the very heart of how companies operate.”
Details of AXA XL’s “Roots of resilience” sustainability technique may be seen right here.