Generali Earns Top ESG Rating from MSCI and Maintains Strong Sustainability Presence in Dow Jones Indices

Generali Earns Top ESG Rating from MSCI and Maintains Strong Sustainability Presence in Dow Jones Indices

(IN BRIEF) Generali has reaffirmed its sustainability leadership by achieving MSCI’s highest “AAA” ESG rating, reflecting its advanced climate risk management practices and commitment to responsible investments, human capital management, and cybersecurity. The company’s continued presence in the Dow Jones Sustainability World Index and Dow Jones Sustainability Europe Index highlights its unique approach to transparency, tax strategy, risk management, and climate change strategy. Marco Sesana, Generali Group General Manager, emphasized the company’s dedication to contributing to a more just and resilient society, integrating sustainability across its roles as a responsible insurer, investor, employer, and corporate citizen.

(PRESS RELEASE) MILAN, 12-Dec-2023 — /EuropaWire/ — Generali confirms its leadership in sustainability according to MSCI, the index that measures companies’ resilience to ESG risks. The MSCI analysis, involving more than 8,500 companies, confirmed the “AAA” ESG rating, recognizing again this year the highest possible score, which the Group received in 2022.

MSCI’s assessment highlights Generali’s integration of advanced climate risk management practices by assessing the impact of different climate scenarios on underwriting activities and the investment portfolio. MSCI also referenced the Group’s leadership in human capital management, its promotion of responsible investments, and cybersecurity systems.

Furthermore, in recent days, Generali has been confirmed in the Dow Jones Sustainability World Index (DJSI) and in the Dow Jones Sustainability Europe Index (DJSI Europe). Generali’s positioning in the 2023 indices particularly highlights the distinctive approach in terms of transparency and reporting, tax strategy, risk management, attention to cyber security and climate change strategy.

Marco Sesana, Generali Group General Manager, said: “The excellent positioning in the most important international sustainability ratings confirms the Group’s strategic commitment to contributing to the construction of a more just and resilient society. Today, all our activities are inspired by the ambition to be a Lifetime Partner, integrating sustainability into our four roles: as a responsible insurer, investor, employer, and corporate citizen.”

MSCI ESG Research provides studies, assessments, and analysis on thousands of companies worldwide from the perspective of business, environmental, social and governance practices. The goal is to offer institutional investors the critical insights that can help them identify risks and opportunities not highlighted by traditional investment research. MSCI’s ESG ratings are also used in the construction of the MSCI ESG Indexes, produced by MSCI, Inc.

The Dow Jones Sustainability World Index represents the top 10 percent of the 2,500 companies in the S&P Global BMI index based on long-term economic, environmental, and social criteria, while the Dow Jones Sustainability Europe Index focuses on the European sustainability leaders.

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 81.5 billion in 2022. With 82,000 employees serving 68 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.

Media Contact:

Phone: +39 040 671111
Fax: +39 040 671127
E-mail: media@generali.com

SOURCE: Assicurazioni Generali S.p.A.