Generali Group, officially known as Assicurazioni Generali S.p.A., is a leading global insurance and asset management company headquartered in Trieste, Italy. Founded in 1831, Generali has established a strong presence across Europe, Asia, and the Americas, making it one of the largest insurers in the world. The company operates primarily in the insurance sector, offering a diverse range of products including life, health, and property insurance, as well as investment solutions. Generali is renowned for its customer-centric approach and innovative services, which set it apart in a competitive market. With a commitment to sustainability and social responsibility, Generali has achieved numerous accolades, reinforcing its position as a trusted provider in the insurance industry. Its rich history and strategic growth initiatives continue to drive its success on a global scale.
How does Generali Group's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Generali Group's score of 67 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Generali Group reported total carbon emissions of approximately 22,973,029,000 kg CO2e. This figure includes Scope 1 emissions of about 60,502,000 kg CO2e, Scope 2 emissions of approximately 84,325,000 kg CO2e (market-based), and a significant Scope 3 total of around 22,828,202,000 kg CO2e, which encompasses various categories such as investments, business travel, and purchased goods and services. Generali has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across all scopes by 2050. Specifically, the Group targets a 35% reduction in Scope 1 and Scope 2 emissions by 2025, using 2019 as the baseline year. Additionally, they plan to achieve net-zero emissions for their investments by 2050, with an interim goal of reducing the carbon footprint of direct investments in listed equities and corporate bonds by 25% by the end of 2024. The Group's long-term strategy includes reaching net-zero emissions in Scope 1 by 2040 and Scope 2 by the same year. Generali is also a member of the UN-convened Net-Zero Asset Owner Alliance, reinforcing its commitment to decarbonising its investment portfolio. These initiatives reflect Generali's proactive approach to addressing climate change and reducing its overall carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 21,581,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 55,955,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 42,516,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Generali Group is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.