Sustainability indices and ratings
In December 2022 Generali was confirmed in the Dow Jones Sustainability World Index (DJSI World) for the fifth year running and in the Dow Jones Sustainability Europe Index (DJSI Europe) for the fourth year running.
Generali has been awarded a Bronze Class distinction in S&P Global Sustainability Yearbook 2022, which showcases the best performing companies among industry peers in terms of financially material ESG metrics.
As of November 2022, Generali received a rating of 'AAA' in the MSCI ESG Ratings assessment*. Generali continues to be constituent of MSCI ESG Leaders, which includes companies with the highest ESG performance (environmental, social and governance), in the sectors represented.
* The inclusion of Assicurazioni Generali in any MSCI index, and the use by Assicurazioni Generali of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation or promotion of Assicurazioni Generali by MSCI or any of its affiliates. The MSCI indexes, MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names, logos and the MSCI index names are trademarks or service marks of MSCI or its affiliates.
Since March 2011, Generali is a constituent in the FTSE4Good Developed and in the index FTSE4Good Europe.
Institutional Shareholder Services Inc. (ISS) is a leading provider of governance solutions and responsible investments in the global financial community. ISS Governance QualityScore is part of the ISS profiles for institutional investors and represents a quantitative and qualitative approach to measuring the quality of governance structures and provides an indication of the governance risk. Generali has a rating of 1, as high as possible, for ISS Governance QualityScore.
In 2021 Generali was rated C with “Prime” status, awarded to companies with a leading ESG performance in their sector, by ISS ESG.
Assicurazioni Generali is included in the Euronext Vigeo Europe 120 e Euronext Vigeo Eurozone 120 indices, which are part of a range of indices established by Vigeo Eiris in partnership with Euronext. Euronext Vigeo Eiris indices are composed of the highest-ranking listed companies as evaluated by Vigeo Eiris in terms of their corporate responsibility performance.
Since September 2012, Generali has been included in the following STOXX®Global ESG Leaders indices: STOXX Global ESG Leaders, STOXX Global ESG Environmental Leaders, STOXX Global ESG Governance Leaders, STOXX Europe Sustainability, EURO STOXX Sustainability, iSTOXX Global ESG Select 100. Companies included in the STOXX® Global ESG Leaders are selected, according to best-in-class criteria, on the basis of the sustainability rating assigned by Sustainalytics – a leading company in research and social-environmental analysis – with reference to the main performance indicators.
Generali has been confirmed in the top five of the most sustainable companies and first in the financial sector in the sixth edition of the Integrated Governance Index, a quantitative analysis undertaken by ETicaNews to evaluate the integration of ESG factors (environmental, social, governance) in business strategies.
Since September 2012, Generali has also been included in the ESI (Ethibel Sustainability Index) Excellence Global index, which selects the best companies in terms of corporate social responsibility performance in Europe, North America and Asia Pacific, according to the criteria established by the independent Belgian association Forum Ethibel. Generali is also included in the ESI Excellence Europe index, which selects the 200 highest rated companies in Europe. For inclusion in these indexes, Forum Ethibel refers to the analysis performed by Vigeo Eiris.
Assicurazioni Generali is in the following ECPI indexes: ECPI Global Ethical Equity, composed of the 300 most capitalised companies in the global market; ECPI Euro Ethical Equity and ECPI EMU Ethical Equity, comprising the 150 most capitalised companies in Europe and the eurozone, respectively. ECPI, established in 1997, is a leading rating and sustainability index company that conducts research according to ESG (Environmental, Social and Governance) parameters with the aim of integrating non-financial information into the investment process.
In ShareAction’s insurance report, Insuring Disaster: A ranking of 70 of the world’s largest insurers’ approaches to responsible investment and underwriting, Generali ranks 6 out of 31 in the ranking for insurers with a property and casualty business, receiving a rating of B.