AXA to assess climate-related risks of pharmaceutical giant

Insurance Business America · last updated June 16, 2025 – 10:02 PM

The assessment aligns with the European Union’s Corporate Sustainability Reporting Directive, or CSRD, which requires companies to report on sustainability risks, including those related to climate. AXA Climate’s evaluation used two scenarios developed by the Intergovernmental Panel on Climate Change, or IPCC, projecting global temperature increases of 2.7°C and 4.4°C by 2100. The work involved expertise from various fields, including climatology, agronomy, hydrology, data analysis and industry-specific knowledge.

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