14:27 | 11/02/2020 Companies
(VEN) - Generali ranked among the Corporate Knights’ “2020 Global 100 Most Sustainable Corporations”, the ranking of the world’s 100 most sustainable corporations.
Now in its 16th edition, the Corporate Knights’ ranking is released after an assessment of 7,395 companies with more than US€ 1 billion in revenues. Among the “2020 Global 100” companies, 49 hail from Europe, 29 from U.S.A. e Canada, 18 from Asia, 3 from South America and only one representative of the African continent. The company is the only Italian insurance group included in the index.
This recognition highlights the evolution of Generali's sustainability journey, which is an integral part of the "Generali 2021" strategic plan. By 2021 Generali set the goal of € 4.5 billion green and sustainable investments and 7-9% growth of gross written premiums in green and social products. Moreover, in September 2019 Generali issued the first Green bond of the European insurance sector for an amount of € 750 million. Regarding environmental direct impacts, in 2018 the Group chose electric energy from renewable sources for 88% of its total purchased electric energy.
Generali's commitment to sustainability is also attested by the numerous sustainability indices in which it is included, such as: the Dow Jones Sustainability World Index, the Dow Jones Sustainability Europe Index, MSCI ESG Leaders Indexes, FTSE4Good Europe and Euronext Vigeo Europe 120.
Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world, with a total premium income of more than € 66 billion in 2018. With nearly 71,000 employees serving 61 million customers, the group has a leading position in Europe and a growing presence in Asia and Latin America.