AXA decided two years ago to divest €500 million from the coal industry by targeting companies which derive over 50% of their revenues from coal. The Group has decided to increase its divestment fivefold to reach €2.4 billion, by divesting from companies which derive more than 30% of their revenues from coal, have a coal-based energy mix that exceeds 30%, actively build new coal plants, or produce more than 20 million tonnes of coal per year.