Generali Group

          where we are

                                   

          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.

           

          In 2017, the GHG accounting methodology was updated to reflect 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 report our GHG emissions calculated using both methods: the Location-Based approach (i.e. the method used until 2017) 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 2018

          107,394 t

          CO2e

          total GHG emissions Location-Based approach (-13.8% compared to 2013)

          69,697 t

          CO2e

          total GHG emissions Market-Based approach

          Breakdown of GHG emissions by Scope

          Source GHG Emissions
          (t CO2e)
           

          2013 Location-Based

          (base year)

          2018 Location-Based

          2013 Market-Based

          (base year)

          2018 Market-Based

          Scope 1- Direct emissions, produced by heating systems and using the fleet of company vehicles 18,432 23,824 18,432 23,824
          Scope 2- Indirect emissions from energy consumption, associated with the use of electricity and district heating 59,805 47,478 12,750 9,780
          Scope 3- Indirect emissions not from energy consumption, connected to employee business travel, consumption of paper and water, and waste disposal. 46,419

          36,092

          46,419 36,092
          Total 124,656 107,394 77,602 69,697