Protecting the environment as a primary asset is one of the Generali Group’s
guiding values. As defined in its Code of Conduct, the Group has made a commitment
to direct its own decisions towards ensuring compatibility between economic and
environmental factors.
The Environmental Policy of the Generali Grouphas been defined and approved in 2009.
The definition and standardization of the Environmental Policy are the first
steps of the international project launched in early 2009 and aimed at implementing
a Group Environmental Management System (EMS). This system allows to efficiently manage environmental aspects.
The organisational structure underpinning the System consisting of the Social and Environmental Sustainability Committee, was instituted within the Board of Directors of Assicurazioni Generali and
made up of three non-executive directors and the CFO. It is responsible for performing
consultative, recommendatory and preparatory activities on environmental and social
matters. The organisational structure is also comprised of the EMS Review Committee and the EMS Committee. The EMS Review Committee is the decision-making body which defines priorities
and general guidelines for the implementation of the Environmental Policy of
the Generali Group; it approves the document Group objectives and targets for
environmental improvement and reviews the EMS.
The EMS Committee is the operating body made up of the Group’s EMS Representative
and EMS Country Representatives. It is responsible for disseminating and achieving
the objectives of the Environmental Policy. Its responsibilities include evaluating
the EMS’s performances according to the terms set out in the document Group objectives
and targets for environmental improvement.
The Corporate Social Responsibility department is tasked with coordinating the
Committees and drafting documentation for the System at Group level.