PARIS--(BUSINESS WIRE)--AXA announces today a new global partnership with Endeavor, a non-profit organization that selects and mentors high-impact entrepreneurs, with the goal to foster long-term, sustainable growth in emerging and growth economies worldwide.
This strategic partnership covers a broad field of activities:
- AXA will directly sponsor selected networking events hosted by Endeavor,
- AXA will be introduced to scale-up businesses by Endeavor,
- through the AXA Hearts in Action program1, the Group’s executives will volunteer to mentor entrepreneurs from emerging economies.
“I am very pleased that AXA will be Endeavor's exclusive partner in the insurance sector, especially since I think our respective missions are highly complementary. AXA exists to protect people against risks and has a responsibility to help build a safer and stronger global society. Endeavor’s mission is to lead high-impact entrepreneurship in emerging and growth economies which protects people from unemployment and directly helps build economies. This partnership will enable both organizations to help each other to achieve these objectives”, said Frédéric Tardy, Chief Marketing and Distribution Officer of the AXA Group.
“I feel this is the start of something special. AXA’s multi-year commitment across different departments to Endeavor will help us achieve our goals together more efficiently. I am very much looking forward to welcoming AXA to the Endeavor network and to bringing the benefits of this partnership with a large global financial services company like AXA to our network members”, added Fernando Fabre, President of Endeavor.
Endeavor2 has a long history of successfully bringing start-ups from emerging and growth economies together with interested investors. Through its wide global network, Endeavor companies have raised over $532m of equity capital and can claim to have contributed to the creation of over 400,000 high-quality jobs in emerging economies.
ABOUT THE AXA GROUP
The AXA Group is a worldwide leader in insurance and asset management, with 161,000 employees serving 103 million clients in 59 countries. In 2014, IFRS revenues amounted to Euro 92.0 billion and IFRS underlying earnings to Euro 5.1 billion. AXA had Euro 1,277 billion in assets under management as of December 31, 2014.
The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISN FR 0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). AXA’s American Depository Share is also quoted on the OTC QX platform under the ticker symbol AXAHY.
The AXA Group is included in the main international SRI indexes, such as Dow Jones Sustainability Index (DJSI) and FTSE4GOOD.
It is a founding member of the UN Environment Programme’s Finance Initiative (UNEP FI) Principles for Sustainable Insurance and a signatory of the UN Principles for Responsible Investment.
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IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS
Certain statements contained herein are forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties. Please refer to the section “Cautionary statements” in page 2 of AXA’s Document de Référence for the year ended December 31, 2013, for a description of certain important factors, risks and uncertainties that may affect AXA’s business. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise.
2 More information : www.endeavor.org