AXA IM Alts makes new sustainability senior hire

AXA IM Alts appoints a Global Head of Sustainability who will take up the role from 1 October 2023.

AXA IM Alts have appointed Laurent Lavergne as its new Global Head of Sustainability | BTR News
AXA IM Alts have appointed Laurent Lavergne as its new Global Head of Sustainability.

Alternative investments company AXA IM Alts announces the appointment of Laurent Lavergne to the newly created role of Global Head of Sustainability, effective 1 October 2023.

Laurent will be responsible for the development and deployment of AXA IM Alts’ sustainability strategy across all AXA IM Alts’ business lines, comprising Real Estate, Infrastructure, Alternative Credit and Natural Capital & Impact Investments. 

In his new position, Laurent will be reporting directly to Global Head Isabelle Scemama, and will be a voting member of the investment committee for direct investments (Real Estate and Infrastructure Equity as well as Natural Capital).

Laurent has over 28 years’ experience of real estate investment and management and has been at AXA IM Alts since 1994, most recently as Global Head of Asset Management & Development within the Real Estate business line.

“Sustainable investment is integral to our business and plays a fundamental role in our decision making to ensure we deliver value to our clients through future proofed investments that positively impact the world around us. 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. I would also like to take this opportunity to thank Justin for his contribution to the business over the last five years and for his dedication in helping formulate and advance the responsible investment strategy for our real assets business. We wish him the best of luck with his move back to Australia and in his future endeavours.”

Isabelle Scemama, Global Head, AXA IM Alts

Laurent will take on the current responsibilities of Justin Travlos, Global Head of Responsible Investment, which were primarily focused on Real Estate and Infrastructure.

A key priority for Laurent will be to oversee the ongoing implementation of the company’s ambitious decarbonisation strategy across the business’ direct investments.

He will have a particular focus on those in the Real Estate, Infrastructure and Natural Capital Sectors.

This strategy is focused around three pillars: reducing carbon, with a focus on aligning 50% of the business’ real estate AUM with the Paris Agreement targets by 2025, avoiding carbon, through investment in renewable energy solutions, digital low carbon networks as well as electricity grids and electric transportation, and sequestering carbon, through investment in nature-based solutions such as AXA IM Alts’ forestry and timber management and construction related investments.