Generali SpA

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    Greenhouse gas emissions

    Greenhouse gas emissions

    We believe that the correct and systematic quantification and reporting of greenhouse gas (GHG) emissions is important for verifying the results of initiatives to reduce them, in order to contribute to reducing global pollution.

    To this end, we have implemented a monitoring system at all our sites and set up periodic checks.
    Based on the results, we assess the effectiveness of our actions and identify new ways to ensure that our facilities are increasingly efficient.

     

    We produce an annual Inventory of Greenhouse Gas Emissions of the Generali Group, with reference to the Environmental Management System, which quantifies, analyses and reports on GHG emissions in a clear, detailed and transparent way.

     

    In 2017, the GHG accounting methodology has been updated to reflect current best practice following the publication of the Market-Based method by WRI's GHG Protocol. This method allows companies to account for indirect emissions from electricity consumption with appropriate emission factors collected from suppliers. With a view to ensure consistency and trasparency over time, we will report our GHG emissions calculated using both methods: the Location-Based approach (i.e. the method used so far) and the new Market-Based approach.

    Target 2020

    The group has set the goal of cutting emissions 20% by 2020 (base year 2013)

    Performance in 2017

    112,782 t

    CO2e

    total GHG emissions Location-Based approach (-9.5% compared to 2013)

    75,220 t

    CO2e

    total GHG emissions Market-Based approach

    Breakdown of GHG emissions

      Location-Based Market-Based
    Energy 65% 48%
    Electrical energy  47% 21%
    Trigeneration 8% 13%
    Natural gas (methane)  5% 7%
    District heating/cooling  4% 6%
    Diesel oil  1% 1%
    Mobility 27% 40%
    Road travel (no fleet) 14% 22%
    Car, motorbike, etc travel (own fleet, no private use)  8% 12%
    Business flights 4% 5%
    Rail travel  1% 1%
    Other 8% 12%
    Paper 6% 9%
    Waste 1% 2%
    Water 1% 1%

     

    Breakdown of GHG emissions by Scope

    Source GHG Emissions
    (t CO2e)
      2013 (base year) 2017 Location-Based

    2017 Market-Based

    Scope 1- Direct emissions, produced by heating systems and using the fleet of company vehicles 18,402 24,408 24,408
    Scope 2- Indirect emissions from energy consumption, associated with the use of electricity and district heating 59,070 50,820 13,258
    Scope 3- Indirect emissions not from energy consumption, connected to employee business travel, consumption of paper and water, and waste disposal. 47,184

    37,553

    37,553
    Total 124,656 112,782 75,220
    Verification statement of the emissions inventory 2016 630 kb  
    Inventory of Greenhouse Gas Emissions of the Generali Group 2016 2 mb  
    Verification statement of the emissions inventory 2015 163 kb  
    Inventory of Greenhouse Gas Emissions of the Generali Group 2015 3 mb  
    Verification statement of the emissions inventory 2014 153 kb  
    Inventory of Greenhouse Gas Emissions of the Generali Group 2014 2 mb