Diversity Equity and Inclusion
"The journey to a more Diverse, Equitable, and Inclusive culture is a marathon not a sprint: awareness is the start and embracing diversity is the essence”: these are the words of Jean Laurent Granier, our group Diversity Equity and Inclusion Sponsor on the occasion of our Bebolforinclusion campaign, which we run globally with all our CEOs every year.
Listen to him to learn more about our DEI journey.
Our DEI strategy
Our commitment is to promote a welcoming, respectful, safe and supportive environment, where people feel free to express their best selves and unleash their potential. A more diverse, equitable and inclusive culture allows us to create long-term value for our people, our clients, our partners as well as the communities we serve, thus living up to our ambition to be a sustainability champion and a responsible employer.
We strive to promote a culture where Diversity Equity and Inclusion (DEI) are embedded in how we work and do business every day. We believe inclusion is everybody’s job. All employees contribute daily to ensure an inclusive and safe workplace, where every person has access to opportunities, feels empowered to take ownership and challenge biases leading the transformation with a human touch.
We have a clear strategy supported by a structured DEI governance and we believe in taking concrete measurable actions to achieve our ambitions. That’s why we monitor our progress in this journey through several clear metrics.
Our key priorities for Generali 2022-24 People Strategy are:
Diversity refers to the multiplicity of identities - the whole self - of each of us: gender, sexual orientation, race, ethnicity, age, mental-physical ability, conjugal/parental status, religion/belief, educational background, cultures, skills, personalities and perspectives.
In terms of our commitment to fostering an increasingly diverse work environment, we are focusing on two main areas: gender and generational diversity.
- With regards to gender, we aim to maintain a balanced distribution within the Group. In addition, we have a clear ambition to increase the presence of women in strategic positions, reaching 40% at Group level, and to further improve the presence of women in managerial roles. To achieve these goals, two rolling programs are in place at Group level: the Lioness Acceleration Program, a 12-month development journey for senior women managers to enhance executive presence, political savvy and strategic leadership, and Elevate, targeting women managers to foster their development and career progression through three key elements: sponsorship, executive presence training and networking.
These two Group programs are complemented by more than 100 actions launched at local level, such as Women Mentoring, STEM Women Recruitment Programs, return-to-work after maternity leave initiatives.
For more specific data on gender please refer to our data and performance while you can find more info on D&I in our Annual Integrated Report.
- On generations, we want to ensure the balance and coexistence between different generations, promoting the exchange of competences at all levels and attracting retaining and engaging our people. At Group level, we have reciprocal mentoring programs, aimed at enhancing the know-how of our people, promoting intergenerational dialogue and an international mindset. We also focus on our talents with a maximum of 7 years of professional experience, through the Future Owners program, which provides training, mentoring, networking as well as international and cross-functional projects. These programs are complemented by more than 40 locally launched actions, including intergenerational programs, reverse mentoring programs, orientation interviews, graduate programs and initiatives focused on more experienced colleagues.
Equity means being committed to equitable and fair processes to ensure access to equal opportunities to all employees throughout their professional lives, endeavoring to remove all barriers, discrimination and intolerance.
We are committed to equity to achieve impactful results by promoting fair treatment and access to opportunities, while working to eliminate the institutional and unconscious barriers that limit everyone from unleashing their full potential. We have launched various programs to raise awareness on the critical impact of biases on decision making and we are working to enhance equity in our policies and processes.
We are also committed towards zero equal pay gap. In order to promote a culture based on gender balance and pay equity, specific analyses have been conducted at local level by applying a common methodology for the Group, focusing on equity in terms of the gender pay gap for same work or work of equal value (equal pay gap) and across the entire organization, regardless of roles (gender pay gap).
Inclusion means creating an environment and a culture where each person feels safe, appreciated and capable to actively contribute to drive Generali’s growth as a Sustainability Champion. An inclusive and welcoming environment supports and embraces all differences and offers respect to everyone in words and actions. Moreover, it empowers everyone to unleash their full potential.
We promote mindsets, behaviors, processes and practices to fully embrace all the different identities we have across our organization to create an environment where each person can contribute with their talents to our innovation, growth and success. We fight any form of discrimination to ensure real inclusion of all individuals. We launched multiple initiatives to increase awareness on unconscious biases that impact on decision-making processes and to foster a culture where meritocracy is one of our key levers.
With a view to anticipating the ever-changing global contex, we belive that attracting people with new skills as well as reskilling and upskilling our people is fundamental for our business to thrive. We want to attract and retain people with different backgrounds and global mindsets and we strive to keep up the engagement of all our people by promoting sharing of competencies (through initiatives such us shadowing, reciprocal and reverse mentoring), providing the right opportunities and developing skills to accompany our transformational journey. To support this goal, WeLearn, our internal global learning platform, features +200 upskilling and reskilling programs.
We also believe that it important to embrace all diversities and in particular promote inclusion of:
We support the inclusion of the diverse abilities of our employees (almost 2,300 employees with disabilities as of 31.12.2022), enhancing workplace accessibility and promoting inclusive practices so that persons with disabilities feel able to contribute their talents on an equal footing with their colleagues. In this context, the Group has entered into an important international partnership with Valuable500 through which we participate in a program designed to support future leaders with disabilities and have access to multiple resources to keep raising awareness on disability inclusion.
Significant progress was made in the inclusion of LGBTQI+ world. We strive to further promote inclusion of LGTBQI+ people by raising awareness through WeProud, our global LGBTQI+ ERG launching new products and organizing global campaigns
All the inclusion initiatives mentioned so far are complemented by more than 200 actions launched at local level, such as reskilling programs, cross-cultural training, short or inter-functional mobility programs, unconscious bias trainings, disability awareness programs, mental health circles and partnerships with LGBTQI+ and disability associations.
Our Communities and Employee Resource Groups
We believe that each one of us can contribute as an agent and ambassador of DEI and that is why we leverage the voices of hundreds of colleagues forming the Diversity Equity & Inclusion Community of Practice who want to participate in the cultural transformation, promoting DEI by sharing best practices, scaling up local projects and bringing fresh ideas to launch innovative projects.
We also count on our Employee Resource Groups (ERGs) which are led and participated in by colleagues with shared identities or similar interests. In Generali there are currently more than 20 ERGs in different countries focusing on parenthood, gender, LGBTQI+, generations, disability or, more generally, diversity, equity and inclusion. At global level there are two ERGs: the first one is We PROUD, gathering more than 900 LGBTQI+ community members and allies, and playing a critical role in highlighting the importance of inclusion. The ERG raises awareness on the challenges LGBTQI+ employees face and improve understanding of the needs of a diverse workforce and customer base. The second is TOGETHER, the Global network of women and allies which creates space and opportunities to share experiences, learn and encourage the advancement of skills and growth as professionals and human beings.