Sustainability

Sustainability is the originator of our strategy: we act as a responsible insurer, investor, employer and citizen for the common good to build a more resilient and just society.

Responsible Business

At Generali we believe sustainability is a necessary strategic way to approach business and not just a nice-to-have.

It all stems from our purpose, to “enable people to shape a safer and more sustainable future by caring for their lives and dreams”.

As an insurer we can tackle the megatrends of our times, protecting people, their health, our planet and future generations.

It is about creating long-lasting value shared among a wide array of stakeholders: not only shareholders, investors and clients, but also employees, suppliers, the environment, local communities, and society as a whole.

In our new strategy “Lifetime Partner 24: Driving Growth” sustainability is the originator, inspired by our ambition to be a lifetime partner. Being the originator of the new strategy means for Sustainability to be a game changer, shaping the way all the decisions are taken leading Generali to be a transformative, generative and impact-driven company, able to create shared value.

In the next three years, our aim is to deliver a positive social and environmental impact on stakeholders by integrating even more sustainability in core business and processes, staying open to include our commitment to the community as an integral part of the overall strategic positioning.

 

Responsible Investor

Aims at fully integrating ESG criteria into the investment activities, reducing greenhouse gas emissions from the investment portfolio to net-zero by 2050, and increasing our new green and sustainable investments, including the Fenice 190 investments to support the EU Recovery.

For further information please visit the Sustainable Investments section.

Responsible Insurer

Provides insurance solutions with ESG components, reduces greenhouse gas emissions from the underwriting portfolio to net-zero by 2050, and supports the sustainable transition of small and medium-sized enterprises (SMEs) through the SME EnterPRIZE project.

For further information please visit the Insurance Solutions with ESG components section.

Responsible Employer

Carries out dedicated actions to foster and promote diversity, equity, and inclusion in our work environment, continuously upskilling our people, nurturing talent in all its forms, and implementing more flexible and sustainable ways of working. In addition to this, Generali commits to measuring, reducing, and reporting the carbon footprint resulting from its own direct operations.

For further information please visit the Generali People and the Commitments to the environment and climate section.

Responsible Citizen

Acts to transform and better the lives of the most vulnerable through the global initiatives of The Human Safety Net Foundation, a social innovation hub powered by Generali’s skills and international network, in order to create a positive impact on society.

For further information please visit The Human Safety Net website.

 

 

1) The indicator refers to the carbon footprint of direct general account investment portfolio of the Group's insurance companies in listed equities and corporate bonds, in terms of carbon intensity (EVIC).

2) Generali confirms its commitment to be transparent on virtuous behavior of its customers. Noted the evolution of the regulatory context on sustainability, it decided to change the name of the indicator from premiums from sustainable insurance solutions - as previously communicated to the market -  to premiums from insurance solutions with ESG components.