'Warming potential' reduction, coal divestment top AXA's green goals

Monde
On the 11.28.19 at 7:28AM

by

Tuba Raqshan

AXA’s latest climate strategy will focus on aligning “warming potential” of its investments to Paris Agreement goals and complete coal divestment by 2030 in Europe and OECD countries, among other measures.

In 2019, AXA tested out the concept of “warming potential” metric (expressed in temperature) that combines top-down data and bottom-up economic and company data to establish a set of metrics.

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