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AXA

Sustainability Leader: Ulrike Decoene Industry: Insurance

AXA

aims to reduce the carbon emissions of its general account investment portfolio by 50 % by 2030. The company is also looking to transition its insurance and reinsurance underwriting portfolios to net zero by 2050, use 100 % renewable electricity in offices and data centres by the end of 2025, and reducing emissions by 60 % by 2030 compared to 2019 for its own operations.

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249

UBS

Sustainability Leader: Christian Leitz Industry: Financial Services

UBS is pursuing a 70 % reduction in absolute financed emissions in its fossil fuel portfolio by 2030 and increasingly focuses on sustainable investing. The bank targets a 57 % reduction in Scope 1 and 2 emissions by 2030 compared to its 2023 baseline and plans to source 100 % renewable electricity by 2026.

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