Green Bond Framework and Report
Generali’s Green Bond Framework illustrates the commitment to Sustainability and highlights that Sustainability is becoming a focal point of the business. The Green Bond Framework outlines that the use of proceeds is governed by both green eligibility and ESG exclusion criteria, which are consistent with the Generali SRI Guidelines.
The eligible categories include both Green Buildings and Green Infrastructure projects. Acquisition and financing of energy efficient buildings is a key focus considering that improving the energy efficiency of buildings is a tangible way to reduce CO2 emissions. Furthermore, Generali is making significant investments to upgrade the energy efficiency of older buildings and retrofitting aimed at improving energy efficiency, both of which are also eligible investments under the Green Bond Framework.