05 February 2021

Banca Generali: a year of sustainable investments beyond expectations

Our customers' propensity for sustainable investments is growing.

Each investor can give a character of sustainability to their choices through integration with more traditional products, but always oriented towards a new awareness. Progress, understood as growth and quality of life, also depends on increasingly innovative choices and in our mission is primary and shared the goal of contributing to the support of companies that are sensitive to the environment and to society.

That's why in 2019 we launched a set of tools for building a sustainable portfolio. Thanks to a dedicated platform, developed by our Bank in collaboration with MainStreet Partners, a London-based company specializing in sustainable investment advisory, it is possible to measure products, search for sustainable investments, evaluate results, customize portfolios and precisely know the characteristics of each fund.

Banca Generali presents the ESG strategy

In 2020, the masses invested in ESG (Environmental, Social and Governance) solutions by our customers reached 4.87 billion euros; a result that at the end of 2020 brings the assets under management invested in ESG solutions to 13% of the total assets, a figure already higher than the 10% target defined as the goal to be achieved at the end of 2021.

On the other hand, the 2020 characterized by the pandemic has shown how ESG investment instruments are more resilient to market volatility and have a better ability to minimize portfolio risks.

Contributions in the three ESG areas

The analysis of our customers' investments with our ESG platform showed that in 2020 we were able to contribute with a positive impact to:

• Save 1,572 million kg of CO2, equal to the average consumption of 11.1 million car journeys from Milan to Rome;
• Save 272 billion liters of water, equivalent to 3.9 billion showers;
• Distribute over 2 million organic meals;
• Offer health care to nearly 80,000 patients;
• Greater protection of child labor and enhancement of Diversity.

The SDGs preferred by our customers

These data confirm the validity of our ESG program launched in February 2019 (in collaboration with MainStreet Partners) through the proprietary algorithm that quantifies the return of each individual investment and associates it with the objectives of the UN 2030 Agenda (SDGs), measuring the concrete impact.

The Sustainable Development Goals (SDGs) most chosen by our customers, with reference to the 17 points drawn up in the United Nations 2030 Agenda, are:

• Climate Action (number 13);
• Industry, Innovation and Infrastructure (number 9);
• Good Health and Well-Being (number 3);
• Partnership for the Goals (number 17);
• Affordable and Clean Energy (number 7);

In 2020, we received the following awards:

• Most Honored Bank and Top Ranked ESG Company for the Institutional Investor Survey;
• Italy's Best Employers for Women by the Deutsches Institut für Qualität und Finanze;
• Best ESG Private Banking Solutions 2020 by Capital Finance International.
• Triple B in the MSCI ESG Rating