INSURANCE REINSURANCE Sustainability at AXA XL At AXA XL, we recognize that acting responsibly is essential to moving the world forward CAREERS KNOW YOU CAN ABOUT AXA XL OUR LEADERSHIP TEAM SUSTAINABILITY SPONSORSHIP INCLUSION & DIVERSITY At AXA XL we believe that acting responsibly is central to moving the world forward. From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our approach to sustainability is the same as our approach to business; constantly seeking to provide innovative solutions to the world’s most complex problems. Our strategy – Our Impact. Our Future. – aligns key issues that are pertinent to our business – climate, water and financial resilience – and contributes to AXA Group’s purpose to “Act for human progress by protecting what matters”. AXA XL is also committed to contributing to the United Nation’s Sustainable Development Goals. Additionally, AXA XL has volunteering and charitable giving programs, designed to help colleagues support causes that matter most to them and to contribute to the needs of their communities. These are known as our “Hearts in Action” programs. Please read our latest annual Sustainability Report to find out more, or take a look at our Sustainability at-a-glance brochure. Integrating Sustainability into our business AXA has developed a comprehensive policy that sets out AXA’s position on responsible investment (RI); defining RI as the integration of environmental, social, and corporate governance (ESG) considerations into our investment processes and our ownership practices. AXA’s RI strategy is based on: ESG integration, climate-related portfolio alignment, exclusions and sensitive ESG factors, impact investments, and green targets and transition financing to support companies moving to lower carbon-business models. AXA’s coal underwriting restrictions apply to power generation and mining clients developing new coal capacity or with significant coal business, as well as coal industry partners, defined as manufacturers (e.g. equipment suppliers) and infrastructure players (e.g. port terminals, dedicated railways) operating or developing coal assets, or standalone coal-related infrastructure assets. In addition, AXA is committed to a long-term exit strategy reducing exposure to the thermal coal industry to zero by 2030 in the European Union and OECD (Organisation for Economic Co-operation and Development) countries, and by 2040 in the rest of the world. AXA XL’s commitment to acting responsibly is also evident in our Responsible Procurement processes, which include a Sustainability clause incorporated into our contracts with our vendors globally. Applying for a Nonprofit Grant At AXA XL, we are committed to supporting the local communities in which we live and work. Our Regional Grant Program awards charitable grants to nonprofit organizations or schools operating in AXA XL’s local communities. Bermuda registered charities, the XL Foundation Grant application is currently closed and will reopen early January 2022 - all enquiries related to the application should be directed to Davina.Dickinson@axaxl.com. For organizations in other locations, please contact: sustainability@axaxl.com for more information on the regional grant program. Useful Links 2020 AXA XL CR Report 2019 AXA XL CR Report AXA Group’s 2020 Annual Report (Section 4 – Sustainability) 2016 Modern Slavery Act Transparency Statement 2017 Modern Slavery Act Transparency Statement 2018 Modern Slavery Act Transparency Statement 2019 Modern Slavery Act Transparency Statement 2020 Modern Slavery Act Transparency Statement AXA Compliance and Ethics Code AXA XL Code for Representatives Read More Climate Global temperatures could rise dangerously, by over 1.5°C by 2050, if steps are not taken to reduce CO₂ emissions, according to the Intergovernmental Panel on Climate Change (IPCC). We’re committed to creating a more resilient future. LEARN MORE Water The United Nations predicts a 40% shortfall in the global water supply by 2030. Access to water is expected to be an increasing challenge, and not just in developing countries. We’re developing water resilience where it is – and will be – needed most LEARN MORE Financial Resilience Only 22% of unemployed people receive financial support from their government (United Nations Sustainable Development Goals – UN SDGs). We’re in the business of helping our clients be prepared for financial emergencies. We aim to do the same for our local communities. LEARN MORE Hearts in Action AXA XL has volunteering and charitable giving programs, designed to help colleagues support causes that matter most to them and to contribute to the needs of their communities. LEARN MORE Talk with us We can match you with the perfect person for your specific needs. 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