AXA Investment Managers
Climate Impact & Sustainability Data (November 2023)
Reporting Period: November 2023
Environmental Metrics
ESG Focus Areas
- Hazardous Chemicals
- Biodiversity
- Chemical Pollution
- Sustainable Chemical Management
- PFAS (Forever Chemicals)
Climate Goals & Targets
Environmental Challenges
- Limited standardized public disclosure on hazardous chemicals used and produced globally.
- Difficulty in assessing the full range of health and environmental impacts of every registered chemical.
- Climate change remobilizing chemicals from landfills and altering pollution pathways.
- Increased material recycling making it difficult to trace and remove hazardous substances.
- Persistence of hazardous chemicals in the environment (especially PFAS).
Mitigation Strategies
- Proactive engagement with chemical companies to advocate for greater transparency and reduction of hazardous chemicals.
- Allocating capital towards sustainable solutions and companies developing safer alternatives.
- Investing in companies developing technologies to address existing chemical pollution.
- Encouraging companies to publicly disclose the full extent of their material exposure to hazardous chemicals.
Supply Chain Management
Responsible Procurement
- Phasing out hazardous substances
- Seeking safer alternatives
Climate-Related Risks & Opportunities
Physical Risks
- Climate change remobilizing chemicals from landfills
Transition Risks
- Regulatory changes
- Market shifts towards safer alternatives
Opportunities
- Development of safer alternatives
- Investment in remediation technologies
UN Sustainable Development Goals
- SDG 3 (Good Health and Well-being)
- SDG 6 (Clean Water and Sanitation)
- SDG 12 (Responsible Consumption and Production)
- SDG 13 (Climate Action)
- SDG 15 (Life on Land)
Hazardous chemicals impact human health, water resources, and biodiversity.
Sustainable Products & Innovation
- Safer alternatives to hazardous chemicals