AXA Investment Managers has launched a global philanthropy programme and new philanthropy committee, bringing together global and local charitable endeavours focused on ‘empowering sustainable futures.’
The new programme will achieve its aim through a three-fold approach. It will address the issue of climate resilience and inclusion for communities, engaging with charities that support those communities most negatively affected by climate change. Initiatives include projects focused on housing, healthcare, access to renewable energy and poverty alleviation.
In addition, the investment manager said it will support education for future generations by working with charities that provide the skills and knowledge to address future challenges.
Lastly, the new programme will look at protecting biodiversity, engaging with charities that are taking action to address biodiversity loss.
To help fund its initiative, AXA IM will continue to commit 5% of the management fees from selected impact strategies across listed and private markets to support charities and projects connected to its themes. It will also support academic research through the funding of top-tier academic institutions, researchers and programmes.
To oversee and make decisions in regard to its charitable commitments, AXA IM has established a new Philanthropy Committee. It will be chaired by Marie Bogataj, global head of communication, CSR and ESG development. Isabelle Scemama, global head of AXA IM Alts and Marion Le Morhedec, global head of fixed income will act as representatives.
Marie Bogataj, global head of communications, CSR and ESG development at AXA IM, said: “We have committed to playing a role in society, as a business, as an employer and as an investor. It is important to take a further step in terms of impact and transparency by bringing together our full array of philanthropic efforts under a single root and to position our approach around a theme that is aligned with our activities; ‘empowering sustainable futures.’
