AXA SA

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Strong	AXA provides strong transparency around how it engages with policymakers through industry coalitions and task forces, clearly describing its roles such as co-presidency of the Task Force on Climate-related Financial Disclosures under the Financial Stability Board, membership in the Taskforce on Nature-related Financial Disclosures, participation in the Carbon Pricing Leadership Coalition, and support for the Taskforce on Carbon Price in Europe, which connects with EU Commission vice presidents, commerce chamber leaders, and civil servants in China. However, AXA discloses only limited detail on the specific climate laws or regulations it has lobbied—beyond general references to sustainable finance, climate change adaptation, and a single mention of Article 173 of the French Energy Transition Law. In contrast, the company is explicit about the outcomes it seeks, including guidance on corporate climate-risk disclosures, development of nature-related disclosure standards, catalyzing global carbon pricing implementation, and demonstrating why a carbon price is essential. Overall, AXA’s disclosures are highly transparent on its lobbying mechanisms and the intended outcomes, but they provide only limited clarity on the exact policies it has targeted.	3

Lobbying Governance

Overall Assessment	Comment	Score
None	AXA SA does not disclose any specific governance processes for its lobbying or policy-influencing activities related to climate. While it outlines its broader climate engagement—stating that "To ensure that AXA's engagement activities are consistent with your climate change strategy, AXA has implemented a set of indicators to measure and track its progress in every aspect of its activities" and introducing the "AXA for Progress Index"—the evidence includes no details on oversight structures, monitoring procedures, or responsible individuals for aligning direct or indirect lobbying with its climate objectives. We found no evidence of a policy, review mechanism, or named body overseeing climate-related lobbying alignment.	0