Public Profile

Generali Group

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.

DitchCarbon Score

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.

43

Industry Average

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.

13

Industry Benchmark

Generali Group's score of 43 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Generali Group's reported carbon emissions

In 2023, Generali Group reported total carbon emissions of approximately 90,366,000 kg CO2e. This figure includes 36,052,000 kg CO2e from Scope 1 emissions, 13,597,000 kg CO2e from Scope 2 emissions, and 40,717,000 kg CO2e from Scope 3 emissions. Notably, the company has demonstrated a significant reduction in total emissions over the years, decreasing from about 120,053,000 kg CO2e in 2015 to the latest figure in 2023. The emissions data shows a consistent decline in total emissions, with a reduction of approximately 26,687,000 kg CO2e from 2019 to 2023. This trend reflects Generali's commitment to improving its carbon footprint. However, there are currently no specific reduction targets or initiatives disclosed under the Science Based Targets initiative (SBTi) or other climate pledges. Generali Group's emissions profile indicates a strong focus on managing its environmental impact, particularly in Scope 1 and Scope 2 emissions, which are directly under the company's control. The company continues to work towards enhancing its sustainability practices in alignment with industry standards.

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Add to project
2015201620192020202120222023
Scope 1
21,581,000
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
Scope 3
42,516,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Generali Group's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Generali Group is headquartered in IT, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers