Our rules
Generali’s Corporate Governance structure is an effective model recognised by several rating agencies that enables us to pursue the Company’s sustainable success, integrating sustainability and social responsibility principles into everything we do: from investments to underwriting activities, partnerships, and initiatives for individuals, families, and companies. This allows us to act as a true Lifetime Partner to all our stakeholders.
The integrated governance, management and reporting system through which we operate guarantees compliance with our sustainability principles and their tangible integration into daily decision-making. Our Board of Directors hosts an Innovation Social and Environmental Sustainability Committee, composed of 4 non-executive and independent directors with specific Sustainability & Innovation competencies. The Committee performs an advisory, recommendatory and preparatory role for the Board on the issues of technological innovation and social and environmental sustainability.
Policies and guidelines
Code of conduct
It defines the basic behavioural principles which all the personnel of the Group are required to comply with. These principles are outlined in a specific internal regulation that refer, for example, to the promotion of diversity and inclusion as well as the management of conflicts of interest, personal data protection and corruption prevention.
Discover more about the Code of conduct.
Ethical Code for Suppliers
It highlights the general principles for the correct and profitable management of relations with contractual partners.
Discover more about the Ethical Code for Suppliers.
Policy for the management of engagement with all investors
It regulates engagement other than through the General Meeting between the Board of Directors and investor representatives on issues within the Board’s purview, and defines the rules for engagement by identifying interlocutors, discussion topics, timing and channels.
Discover more about the Policy for the management of engagement with all investors.
Security Group Policy
It defines the processes and activities suitable for the purpose of guaranteeing the protection of corporate assets.
Discover more about the Security Group Policy.
Group Sustainability policy
It outlines the framework to identify, evaluate and manage
- environmental, social and corporate governance (ESG) factors that may pose risks and opportunities for the achievement of business objectives;
- positive and negative impacts that business decisions and activities may have on the external environment and on legitimate interests of stakeholders.
Discover more about the Group Sustainability policy.
Active ownership Group guideline - asset owner
It defines the principles, main activities and responsibilities that guide the Group’s role as active owner.
Discover more about the Active ownership Group guideline.
Responsible Investment Group guideline
It codifies the responsible investment activities at Group level.
Discover more about the Responsible Investment Group guideline.
Responsible Underwriting Group guideline
It outlines principles, rules and escalation processes aimed at assessing ESG factors of companies/clients in the P&C underwriting process.
Discover more about the Responsible Underwriting Group guideline.
Sustainability Bond framework
It defines rules and processes for the use of proceeds from the issuance of green bonds, social bonds and sustainability bonds, as well as recommendations for disclosure.
Discover more about the Sustainability Bond framework.
Green Insurance-linked securities framework
It defines the guidelines for integrating ESG aspects in alternative mechanisms for the transfer of insurance risk to institutional investors, as well as recommendations for disclosure.
Discover more about the Green Insurance-linked securities framework.
Generali Group Strategy on Climate change
It defines the rules by which we intend to foster a just transition towards a low-GHG economy through our investments, underwriting activities and our direct operations.
Discover more about the Generali Group Strategy on Climate change.
Group Tax Strategy
It is an essential part of the tax risk control system, and defines sound and prudent taxation management methods for all of the Group’s companies.
Discover more about the Group Tax Strategy.
