AXA

At AXA's April 2025 AGM in Paris, shareholders and protesters confronted executives over $150m+ invested in arms companies supplying Israel; demonstrators held banners reading 'Axa, don't insure Israeli apartheid.'

New Internationalist covers the Boycott Bloody Insurance campaign's report revealing over $1.7 billion in investments from major insurers including AXA into companies supplying military equipment used by Israel since October 7, 2023.

On March 25, 2025, protesters targeted AXA offices in London, Manchester, Birmingham, and other UK cities as part of coordinated Boycott Bloody Insurance direct actions over arms investments linked to Gaza.

Boycott Bloody Insurance report found AXA and Zurich each account for over 10% of $1.7 billion total investments by five major insurers in 15 companies involved in Israeli militarism since October 7, 2023.

Boycott Bloody Insurance launched a campaign in March 2025 targeting AXA and four other insurers collectively investing over $1.7 billion in companies supplying military equipment to Israel since October 7, 2023.

A new investigation has uncovered that French Insurer AXA has at least $150 million of investments in eleven weapons manufacturers linked to Israel’s ongoing genocide in Gaza. The research also revealed evidence of investments in companies producing controv...

Ekō/AFSC report reveals AXA invests $173.62 million total in at least 14 weapons manufacturers, including $134.91 million in companies producing controversial weapons such as nuclear arms, white phosphorus, and depleted uranium.

As of 30 June 2024, AXA holds $150.43 million in shares and bonds in eleven companies arming Israel, including Boeing, Lockheed Martin, General Dynamics, Northrop Grumman, BAE Systems, and RTX.

Israeli and pro-Israel politicians criticised AXA for what they described as a 'silent boycott' after the insurer removed approximately £15 million of investment from three Israeli banks.

AXA's divestment from Israeli banks was attributed to ESG-related criteria rather than financial considerations; CEO Buberl at April 2024 AGM declared 'AXA has no investments in Israeli banks.'

AXA's divestment campaign escalated significantly after October 7, 2023, with Ekō-led protests in Britain and France; AXA told The New Arab it 'aims to avoid any negative impact on human rights' from its investments.

AXA Group stated it is 'committed to conducting business to the highest ethical standards' and that its investments 'comply with applicable laws and internationally recognised human rights principles.'

AXA sold 2.5 million shares worth $20.4m in Bank Hapoalim, Bank Leumi, and Israel Discount Bank between September 2023 and June 2024 after sustained pro-Palestine activist pressure.

AXA reportedly sold all investments in Israeli banks and Elbit Systems; BDS campaign had also pressured AXA to divest from Bank Mizrahi-Tefahot and First International Bank of Israel by end of 2022.

AXA essentially finished divesting from all targeted Israeli banks by March 31, 2024; pro-Palestine activists occupied AXA's Cork City office and held sustained protests across Ireland.

Ekō co-organised protests at AXA's London HQ in February 2024 and members sent 18,000 personalised emails to senior AXA staff; petition delivered to AXA offices in Belgium, Ireland, Italy, and Spain.

Ekō report confirms AXA's divestment from all five targeted Israeli banks was driven by external campaign pressure rather than market considerations, citing sharp drops in holdings despite rising share prices.

Ireland-Palestine Solidarity Campaign details 21 weeks of weekly protests at AXA's Dublin HQ, a petition with 175,000 signatures, and an office occupation as part of the successful divestment campaign.

The global Stop AXA Assistance to Israeli Apartheid coalition confirmed AXA divested from all major Israeli banks and Elbit Systems following years of BDS campaigning and divestment pressure.

At AXA's April 2024 AGM in Paris, CEO Thomas Buberl publicly announced 'zero investments in Israeli banks, direct or indirect,' in response to questioning by an Ekō member and AXA shareholder.

Activists from CATU and Dublin for Gaza occupied AXA offices in December 2023, calling for a boycott of AXA Group and its subsidiary Laya Healthcare over investment in Israeli banks financing illegal settlements.