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 57 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 2023, Generali Group reported total carbon emissions of approximately 90,366,000 kg CO2e, comprising 36,052,000 kg CO2e from Scope 1, 13,597,000 kg CO2e from Scope 2, and 40,717,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing greenhouse gas emissions as part of their climate strategy. Generali has set an ambitious target to reduce overall greenhouse gas emissions by 35% by 2025, using 2019 as a baseline. This target encompasses all scopes of emissions, including Scope 1, 2, and 3, which relate to their operational activities. Additionally, the company aims for a progressive decarbonisation of its investment portfolio to achieve net-zero emissions by 2050, with an interim goal of reducing the carbon intensity of corporate and real estate portfolios by 60% by 2030 compared to 2019 levels. The company’s emissions data shows a trend of decreasing emissions from previous years, with total emissions of 94,413,000 kg CO2e in 2021 and 98,710,000 kg CO2e in 2022. Generali's commitment to sustainability and climate action is further underscored by its membership in the Net-Zero Asset Owner Alliance, reinforcing its dedication to long-term environmental goals.
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 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.