In accordance with the Generali Groups strategies, the Banca Generali Group has also decided to use the control approach to quantify and report GHG emissions, but opted to apply it only to properties used as headquarters that fall within the Generali Groups EMS, over which it has complete financial and operational oversight, including through the Generali Groups Facility Management functions.
In 2018, the system scope included the Banks offices in Milan, via Ugo Bassi 6, and in Trieste, via Corso Cavour 5/a. The facilities in question host 660 employees, accounting for 76% of the Banca Generali Groups workforce.
It was decided to exclude banking branches, due to their marginal contribution in terms of size and consumption, along with operations centres (Financial Advisors offices): these are local logistics facilities to which the Bank applies various models of management and cost bearing/allocation, and where Financial Advisors do not provide the Bank with full financial and operational control of the offices.
|Direct impacts||Indirect impacts|
In order to manage the most significant environmental issues, prevent the environmental impact of its activities and implement the Groups Policy for the Environment and Climate, Banca Generali uses the Group's Environmental Management System (EMS), in compliance with the requirements of the ISO 14001 standard. Said system is implemented at the two main offices: in Milan, at via Ugo Bassi 6, and in Trieste, at Corso Cavour 5/a.
The facilities in question host 677 employees, accounting for 78% of the Banca Generalis workforce.
In order to implement and continue to pursue the objectives contained in the Groups Environmental and Climate Policy, Banca Generali has also adopted the Groups environmental improvement objectives and targets which chiefly envisage a 20% reduction in GHG emissions.
Banca Generali's envitonmental improvement goals and targets for 2020
|Direct Environmental Issues||Objective||Target/Timetable||Indicator|
|Energy||Optimisation of the electrical power consumption||25% reduction in per-capita electrical power consumption by 2020||Total annual per-capita electrical power consumption|
|Paper||Optimisation of paper consumption||15% reduction in total paper consumption by 2020||Total annual paper consumption|
|Water||Optimisation of water consumption||15% reduction in water consumption by 2015||Annual water of total waste|
|Natural gas and gas oil||Reduction of consumpion||25% reduction of consumption of natural gas and gas oil||Annual GHG emission|
Banca Generali aims to reduce GHG emissions through sustainable mobility management as well, encouraging travel by train which has less impact on GHG emissions for the same distance travelled. It also participates in sustainable mobility initiatives of the Generali Group
- Travel Policy: encouraging the use of public transport and defining travel and trip guidelines;
- Car Policy: calling for maximum carbon dioxide limits for company cars;
- Car Pooling: allowing company or personal vehicles to be shared with other colleagues who for work-related reasons need to make the same trip on the same day.
In addition, Banca Generali entered into agreements with the main public transport operators for the Province of Milan to reduce the cost of annual season tickets for public transport such as buses, trams, metro and trains. Banca Generali also encourages and promotes bicycle use for getting to work, providing reserved bicycle parking for the Banks employees in several locations.
The Bank also invests in new technologies for reducing travel by its employees by promoting the use of video and audio conferencing from personal workstations.