Generali among best-performing companies according to sustainability criteria
The Group’s commitment was recognized at the fifth edition of the Integrated Governance Index
Generali ranked second among the most sustainable companies at the fifth edition of the Integrated Governance Index (IGI), a quantitative analysis realized by EticaNews through a survey sent to a sample of Italian companies – both listed and not - to evaluate to what extent ESG factors (environmental, social, governance) are integrated in their business strategies.
The IGI’s aim is to describe the companies’ positioning in relation to key aspects such as the existence of a sustainability committee, the adoption of remuneration policies linked to ESG standards, and board members diversity, showing the progress made in sustainability or integrated governance.
The 2020 Integrated Governance Index analysis revolves around themes such as ESG Digital Governance - that is, how information on the environmental, social and governance factors is monitored, collected, tracked and shared – and ESG Human Resources. The topics tackled also include the ESG Engagement of institutional investors, the Climate Change factor, and the companies’ actions with regard to reporting and information sharing.
Gabriele Galateri di Genola, Chairman of Assicurazioni Generali, declared: “This result represents an important recognition of Generali’s ongoing commitment to sustainability, carried out thanks to an integrated perspective adopted by the whole Group. Our purpose ‘helping people shape a safer future by caring for their lives and dreams’, in fact, illustrates our long-term vision and the role we want to play as an insurer towards our stakeholders.” He also added: “In order to face today’s great challenges, which are included in our Materiality Matrix, Generali adopts a multi-stakeholder approach leveraging on a solid system of governance that enables us to ensure the integration of sustainability in every-day decisions, as proved by the Covid-19 emergency response.”