By Rosemary Iwunze

AXA Mansard Insurance Plc has said that the company’s purpose of acting for human progress by protecting what matters is at the heart of its sustainability agenda.

Chief Client Officer (CCO) of the company, Rashidat Adebisi, made the assertion when speaking to top business leaders in Nigeria on aligning the drive for profit with shared value principles.

Adebisi, a guest speaker at the launch of Shared Value Nigeria, told the industry leaders that value creation for all is where everyone wins. “It means that people live better lives, the planet is protected, and the business makes profits to fulfill its obligations to its stakeholders. It involves fostering sustainable growth, innovation, and ethical practices that benefit today and preserve tomorrow,” she explained.

She furthered, “For us at AXA, our perspective on profit with purpose is at the heart of our sustainability agenda. We believe that a sustainable world is an insurable world. So, if we continue committing ourselves and resources to making the world safer, secure, and healthier, we can create prosperity for everyone.”

She explained that AXA has a two-pillar approach to sustainability: climate change and inclusive protection. “This involves conscious efforts to minimize environmental impact and ensure that we drive health, well-being, and economic inclusivity within the vulnerable community such as women, children, girls, and so on,” she explained.

She said this has informed operational re-engineering, driving the increasing digitization of the company’s processes today and the consequent customer satisfaction and industry leadership that AXA enjoys in Nigeria and globally.

She added that in addition to operational changes, AXA Mansard strategically avoids supporting industries detrimental to long-term sustainability. Conversely, the company invests in sectors promising future growth and stability.

She also said the company’s continued collaborations with telecoms, fintech, and retail sectors are some of its strategic moves for sustainable shared value principles.