13 December 2019
Standard Ethics upgrades rating to Banca Generali
Standard Ethics has upgraded Banca Generali’s rating from “EE-” to “EE”.
Our ESG (Environmental, Social and Governance) reporting is in line with best European practices with relevant references to international sustainability strategies - references that are also included in other corporate documents.
The Bank's policies appear to be advanced in numerous areas, such as: the environmental agenda; sharing information with the market and dialogue with investors; human resource management; corporate welfare; gender equality within top management; prevention of malpractices; risk management and control; dematerialisation and ESG finance.
The Bank appears to be in line with the majority of international sustainability strategies, and despite the independence of the individual companies, the policies of the Assicurazioni Generali Group are consistent.
Total net inflows exceeding last years’ levels despite the extraordinary COVID-19-related context.
Data for the 1H 2020 have been presented. The path of sustainable growth continues with profits and volumes that are confirmed at pre Covid levels.
Banca Generali ranked 12th in the Integrated Governance Index 2020