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Public Profile
Financial Intermediation
IT
updated 2 months ago

Generali Group Sustainability Profile

Company website

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.

70

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.

32

Industry Benchmark

Generali Group's score of 70 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

83%

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Generali Group's reported carbon emissions

In 2024, Generali Group reported total carbon emissions of approximately 22.973 billion kg CO2e. This figure includes Scope 1 emissions of about 60.5 million kg CO2e, Scope 2 emissions of approximately 84.3 million kg CO2e (market-based), and a significant Scope 3 total of around 22.828 billion kg CO2e. The company has set ambitious climate commitments, including a target to achieve net-zero greenhouse gas emissions across its investment portfolio by 2050. This commitment is supported by intermediate goals, such as a 25% reduction in the carbon footprint of direct investments in listed equity and corporate bonds by the end of 2024, and a 35% reduction in greenhouse gas emissions from offices, data centres, and mobility by 2025, compared to 2019 levels. Generali is a member of the UN-convened Net-Zero Asset Owner Alliance, reinforcing its dedication to decarbonisation. The company aims to reduce Scope 1 emissions by 30% from 2020 levels by 2030 and Scope 2 emissions by 25% from the same baseline. Overall, Generali Group's climate strategy reflects a comprehensive approach to reducing emissions and transitioning towards a sustainable future, aligning with industry standards and global climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2014201520162018201920202021202220232024
Scope 1
-
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
-
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000,000

How Carbon Intensive is Generali Group's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Generali Group's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Generali Group's Location?

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. This request for Generali Group is in IT, which has a low grid carbon intensity relative to other regions.

Generali Group's Scope 3 Categories Breakdown

Generali Group's Scope 3 emissions, which increased significantly last year and increased significantly since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.

Top Scope 3 Categories

2024
Downstream Leased Assets
<1%
Purchased Goods and Services
<1%
Fuel and Energy Related Activities
<1%
Business Travel
<1%
Processing of Sold Products
<1%
Upstream Transportation & Distribution
<1%
Downstream Transportation & Distribution
<1%
Waste Generated in Operations
<1%
End-of-Life Treatment of Sold Products
<1%

Generali Group's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Generali Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Generali Group's Emissions with Industry Peers

Great West Lifeco

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Insurance and pension funding services, except compulsory social security services (66)
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Allstate

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 26 days ago

Lloyd's of London Limited

GB
•
Other services (93)
Updated about 1 month ago

Chubb

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 1 month ago

Aon

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 26 days ago

Swiss Reinsurance Company Ltd

CH
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 1 month ago

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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

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