In preparation for December’s COP21 climate conference in Paris, AXA US Chairman and CEO, Mark Pearson, hosted an event at the AXA Center’s TV studio to discuss climate change. Watch the highlight video from the event spotlighting Mark Pearson, AXA Group Chairman and CEO Henri de Castries, AXA Research Fund grant recipients Deborah Balk and Adam Sobel, and Edward Cameron from Business for Social Responsibility.
AXA Group Chairman delivers climate change webcast keynote
AXA Group Chairman and CEO Henri de Castries sketched out a picture of the role that corporations and the insurance industry can play in the issue of climate change.
“We (insurers) have a role to play in explaining why it’s important to try to mitigate this evolution and to adapt to it if it happens,” Castries said in reference to the world’s changing climate, adding that large countries and businesses “are not in denial as they once were” and are changing the ways in which they invest.
“A world that gets warmer by two degrees may be insurable, but a world that gets warmer by four degrees is certainly not,” he said.
"AXA" is the brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (NY,NY), MONY Life Insurance Company of America (AZ stock company, administrative office: Jersey City, N.J.), AXA Advisors, LLC (member FINRA, SIPC), and AXA Distributors, LLC (member SIPC). AXA S.A. is a French holding company for a group of international insurance and financial services companies, including AXA Equitable Financial Services, LLC. The obligations of AXA Equitable Life Insurance Company and MONY Life Insurance Company of America are backed solely by their claims-paying ability.