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.
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.
Industry Benchmark
Generali Group's score of 64 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Generali Group's reported carbon emissions
In 2024, Generali Group reported total carbon emissions of approximately 143,000,000 kg CO2e, comprising 60,502,000 kg CO2e from Scope 1, 84,325,000 kg CO2e from Scope 2 (market-based), and 61,000,000 kg CO2e from Scope 3 emissions. This represents a significant increase from 2023, where total emissions were about 90,366,000 kg CO2e, with Scope 1 emissions at 36,052,000 kg CO2e, Scope 2 at 13,597,000 kg CO2e (market-based), and Scope 3 at 40,717,000 kg CO2e. Generali has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across all scopes by 2050. The Group has established interim targets, including a 35% reduction in Scope 1 and Scope 2 emissions by 2025, using 2019 as the baseline. Additionally, they aim to achieve net-zero emissions in Scope 1 by 2040 and Scope 2 by 2040 as well. As a member of the UN-convened Net-Zero Asset Owner Alliance since 2020, Generali is committed to decarbonising its investment portfolio, with a target to reduce the carbon footprint of its investments by 25% by the end of 2024. The Group's long-term strategy includes a gradual phase-out of coal investments by 2030 in OECD countries and by 2040 globally. Overall, Generali Group's climate strategy reflects a comprehensive approach to reducing emissions and aligning with global climate goals, demonstrating a commitment to sustainability and responsible investment practices.
Unlock detailed emissions data
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 | 000,000,000 |
Industry emissions intensity
Location emissions 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 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.
