AXA
Climate love
Climate love
dickson mutai
9 w
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Pioneering Sustainability and Resource Efficiency
AXA is playing a crucial role in promoting a circular economy, demonstrating a strong commitment to sustainability and environmental stewardship. Recognizing the challenges posed by the traditional linear economic model, AXA is actively supporting the shift towards a circular framework that emphasizes resource efficiency and waste minimization. By leveraging their position as a global insurer and investor, AXA is uniquely positioned to drive change across various industries and sectors, contributing to a more sustainable and resilient future.
As an insurer, AXA is enhancing the understanding of risks associated with emerging circular business models, thereby facilitating their development and insurability. In partnership with IKEA and Swiss Re, AXA published the white paper "What Goes Around Comes Around," which explores the insurability challenges within the recycling industry. AXA is also addressing the use of reused materials in construction, providing coverage for such practices in their contracts with professional insureds and building companies in France. Furthermore, AXA prioritizes repair over replacement, promoting environmentally friendly solutions in sectors like motor vehicle and telephony insurance. For instance, AXA France has significantly reduced the environmental impact of telephony claims management by prioritizing refurbished devices, achieving substantial CO2 emissions savings.
In their role as an investor, AXA has been investing in circular economy models through impact investment funds since 2016. The AXA Impact Fund Climate and Biodiversity SA SICAV-RAIF, for example, directly supports companies that incorporate circular principles like reducing, reusing, and recycling. Investments in companies such as Shark Solutions and CleanFiber Inc. underscore AXA's commitment to financing businesses that contribute to a sustainable economy. Additionally, AXA IM's biodiversity listed equity strategy invests in companies that actively preserve ecosystems through sustainable practices, further supporting AXA's broader environmental goals.
Internally, AXA exemplifies their commitment to circularity by implementing measures to minimize their environmental footprint. The company has achieved notable reductions in waste generation and has significantly increased their recycling rate. Through various local initiatives, AXA has decreased unsorted waste and total waste generation across the group, reflecting a tangible commitment to reducing environmental impact. These efforts highlight AXA's dedication to not only advocating for circular economy practices externally but also embodying these principles within their own operations.
AXA's engagement in collaborations and continuous learning further underscores their commitment to advancing the circular economy. As a member of the Circul’R Club and the Circul’R Factory Coalition, AXA participates in dialogues and initiatives aimed at exploring circular solutions and developing metrics for measuring circularity and its impacts. Additionally, AXA Climate's Climate School provides specialized training on key concepts such as eco-design and industrial ecology, fostering greater awareness and understanding of circular economy principles among stakeholders.

Circular is the new linear
At AXA, we believe circular is the new linear
https://www.axa.com/en/news/circular-is-the-new-linear


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Dear dickson mutai Your climate love has received over 50 agrees! We have reached out to AXA by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Vermeer, We Don't Have Time
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8 w
AXA’s commitment to a circular economy is highly valuable, driving sustainability through resource efficiency, waste reduction, and impactful investments. Their approach not only advances environmental stewardship but also sets a leading example for integrating circular principles in business practices.
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9 w
This is such a good course. They are so dedicated in doing things right
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9 w
@AXA Climate Leading in sustainability and resource efficiency with a commitment to climate resilience.