CSR: Generali joins two important international indices
23 October 2013 - 16:03
- CDP Global 500 Climate Performance Leadership Index (CPLI)
- United Nations Global Compact 100
Trieste - Generali joins two new international indices, which testifies to its commitment to environmental and social sustainability.
The Group has been included amongst the CPLI, the global index compiled by CDP (Carbon Disclosure Project) - the distinguished British organisation representing 772 investors around the world with assets totalling 87 trillion dollars – comprising companies which have demonstrated the greatest commitment to mitigating their impact on the environment. Generali was also included in the United Nations Global Compact 100, a new global index that combines corporate performance on environmental and social issues and baseline financial performance.
Monica Possa, Head of Group HR&Organization, said: “Safeguarding the environment as a primary asset is one of the Generali Group’s guiding values. Our commitment, set out in our Code of Conduct, steers decision making to ensure compatibility between our business activities and the needs of the environment.”
The Group is one of 56 companies listed on the FTSE Global 500 index series to feature in the 2013 CPLI achieving an ‘A band’ ranking on the basis of a number of specific criteria associated with measuring, verifying and managing their carbon footprints. Generali took part in CDP’s climate change program, designed to define and spread practices to achieve efficiencies, realize savings and capitalize on commercial opportunities from the management of energy, carbon emissions and climate change. The Group’s efforts have enabled it to achieve this recognition.
The United Nations Global Compact 100 was developed and released by the UN Global Compact in partnership with research firm Sustainalytics and is composed of a representative group of Global Compact companies selected on the basis of their adherence to the Global Compact’s ten principles as well as evidence of executive leadership commitment and baseline profitability.
In addition to these indices, the Generali Group is listed in other top ethical indices, including FTSE4Good, Stoxx Sustainability Indices, Euronext Vigeo Eurozone 120, Ethibel Sustainability Indices, ECPI Ethical Indices e FTSE ECPI Italia SRI Index Series.