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AXA IM Alts announces $49 million to invest into Mombak reforestation projects. Photo by Daniel Dan on Unsplash.

AXA IM Alts to invest $49 million in reforestation projects

Neel TAugust 29, 2023April 27, 202404 mins

AXA IM Alts, an alternative investments company, has announced a $49 million commitment to invest in Mombak reforestation projects. Mombak is a native species carbon removal start-up. The company invested in the Mombak reforestation projects under the natural capital and impact investing strategy. This investment will support the restoration of the Amazon rainforest on pastures…

AXA announces new targets to maintain its decarbonisation work

Neel TJuly 2, 2023April 27, 202405 mins

AXA announces new decarbonisation targets, for its insurance and investment portfolios, in its 2023 Climate & Biodiversity report. The report, in its 8th edition of Climate & Biodiversity, refers to the legal obligations for extra-financial reporting and to the voluntary recommendations by the Task Force on Climate-related Financial Disclosures (TCFD) and the Task Force on…