AXA Climate

To serve our mission, we are organised around 4 main business lines: training, consulting, insurance and financing.

At regular intervals throughout the year, each of us can contribute, in line with our skills and aspirations, to different types of missions, across these four business lines. At AXA Climate, there is a wide range of expertise: scientific (climate, biodiversity, carbon, health, etc.); data (mathematics, machine learning, etc.); technology (front, back, data engineers, etc.); product (product manager, owner, etc.); consulting (strategic, operational, etc.); training (writing, audiovisual production, etc.); insurance (underwriting, etc.); sales and partnerships.

Each one is supported, via a specific budget, to grow and develop new skills!

The Climate School's mission is to enable companies in all sectors to train and engage all their employees to succeed in their ecological transition.

Our current product is an e-learning course built around +150 micro-chapters, customizable, enjoyable and easy to follow, structured around two main courses:

• Understanding the science: climate change, the collapse of biodiversity, the depletion of natural resources, and their impact on our lives.
• Taking action: Job by job, the Climate School allows everyone to draw up their own roadmap (with specific courses for IT, HR, Purchasing, Finance, Legal, etc.).

Our ambition is to create an optimised platform for the calculation of automated and flexible climate indicators: data is our core business ! A large part of our work is dedicated to the automation, standardisation and continuous improvement of our processes. 

We also try to have a scientific approach of systematic peer review for all our technical choices. This includes:

• infrastructure as code: everything that can be automated is automated
• a systematic review process: all code produced is reviewed by at least one third party and must go through an automated validation
• a progressive, constantly evolving architecture

Science is at the heart of AXA Climate value proposition, and as such supports AXA Climate business lines (Climate School, Insurance, Industry/Agri/Finance/Public Adaptation) tackle climate change adaptation. We work to model the expected financial losses from various types of hazards (extreme and chronic) and various type of assets (infrastructures, real estate, industrial clients, agro industry, supply chain). We harness our inhouse scientific expertise on climate, nature and impact to:

• Quantify assets vulnerabilities to various hazards, relying on internal and external sources of information.
• Model the probability of occurrence of extreme climate hazards.
• Maintaining state of the art methods and data for value at risk assessments.

Our team of experts on climate, geology, hydrology, agronomy and risk have a deep understanding of climate and natural hazards and have strong coding and modeling skills. They also share a similar passion for nature, sharing their expertise and cultivating their knowledge!

We offer consulting around climate adaptation, by helping customers understand the financial, environmental & social impacts of climate change to achieve sustainable development goals and accelerate transition to a regenerative economy. We are sector agnostic because everyone is concerned. We support businesses/investors adapt their assets to climate change and minimize their impacts. We help public institutions protect vulnerable populations against climate risks. We secure the agritransition to turn it into a competitive advantage. Everything we do is backed by data and technology, and we leverage science to convince organisations to shift their business models towards resilient models.

The Insurance Team is reinventing the insurance business with the extensive use of satellite images and taking into account the resiliency of our customers facing climate risks. We are fully committed to support them in their transition and their ESG engagements. We notably use a new type of insurance called parametric insurance which allows clients to get their losses paid in a few days without any loss adjusters visits. It allows us to serve both private and public sectors, supporting notably emerging countries to reduce their protection gap.