Associations and awards
The associations of which we are part and our awards on sustainability.
Forum for Sustenaible Finance
We have been ordinary members of the Forum for Sustainable Finance since May 2019. Founded in 2001, the Forum for Sustainable Finance is a multi-stakeholder non-profit association: its members include financial operators and other organisations interested in the environmental and social impact of their investments.
The association promotes knowledge and practice of sustainable investment to spread the integration of environmental, social and governance (ESG) criteria into financial products and processes.
The London-based company Standard Ethics - specialized in the analysis of sustainable finance - has raised Banca Generali's rating to "EE", improving the previous "EE-".
ESG (Environmental, Social and Governance) reporting is aligned with European good practices with appreciable references to international sustainability strategies (references also present within other corporate documents). Banca Generali's policies appear advanced in numerous areas such as: the environmental agenda; information sharing with the market and dialogue with investors; human resource management; corporate welfare; gender equality in top management; the prevention of offenses; risk management and the control system; dematerialization and ESG finance.
The Bank appears to be aligned with most international sustainability strategies. Despite the independence of the individual companies, the policies of the Assicurazioni Generali Group appear to be consistent.
ISS Institutional Shareholders Services
We have received a positive evaluation from ISS - Institutional Shareholder Services on ESG (environmental, social and governance) issues.
We have been awarded a:
- Governance Score of 1, on a scale in which 1 is the lowest level of risk and 10 is the highest;
- Social Score of 1, in which 1 is the highest level of disclosure and 10 is the lowest;
- Environment Score of 2.
European Corporate Governance Institute - Institutional Membership
We are members of ECGI as Institutional Member, the category open to individuals, institutions and enterprises.
Founded in 2002, ECGI is an international scientific non-profit association providing a forum for debate and dialogue between academics, legislators and practitioners, focusing on major corporate governance issues. Its primary role is to undertake, commission and disseminate leading research on corporate governance. Based upon impartial and objective research and the collective knowledge and wisdom of members, it can advise on the formulation of corporate governance policy and development of best practice and undertake any other activity that will improve understanding and exercise of corporate governance.