AXA Group’s alternative investments business, AXA IM Alts, has named Laurent Lavergne as its Global Head of Sustainability.
The creation of this new role underscores the company’s recognition of the crucial role that sustainable investment and decarbonization will play in delivering future client returns.
In his capacity as Global Head of Sustainability, Lavergne will be responsible for overseeing the company’s sustainability strategy across all business lines, including Real Estate, Infrastructure, Alternative Credit, and Natural Capital & Impact Investments. Additionally, he will serve as a voting member of the investment committee for direct investments. One of his key priorities will be the successful implementation of AXA IM Alts’ ambitious decarbonization strategy, focusing on reducing, avoiding, and sequestering carbon in the firm’s direct investments in Real Estate, Infrastructure, and Natural Capital Sectors.
Moreover, Lavergne will assume the responsibilities currently held by Justin Travlos, the Global Head of Responsible Investment, who will be leaving the company later in 2023.
With nearly two decades of experience at AXA IM Alts, Laurent Lavergne previously served as the Global Head of Asset Management & Development within the Real Estate business line. His appointment as Global Head of Sustainability reflects his exceptional expertise in overseeing complex investment projects and strategies. His deep-rooted understanding of the company’s business and extensive experience managing the global sustainable development platform will be invaluable in his new role.
Isabelle Scemama, the Global Head of AXA IM Alts, expressed her confidence in Lavergne’s capabilities, stating, “Laurent has a strong track record of overseeing complex investment projects and strategies, and his deep-rooted understanding of our business and extensive experience managing our global sustainable development platform will be invaluable in his new role. His appointment marks a critical point in the acceleration of our decarbonisation strategy across our business lines, as we continue to protect our investments, mitigate against climate risk and advance our market-leading approach in this field.”
Keep up with all the latest FinTech news here.
Copyright © 2023 FinTech Global
