Sustainability in numbers

Concrete, measurable actions: this is how we show our commitment to sustainability, always focusing on the future and keeping in mind the needs of all our stakeholders.

We seek to prove our commitment to sustainability through strategies and activities that underline our aptitude for forward-thinking, while keeping in mind the needs of all our stakeholders. Stakeholders are more and more seeking a business approach that is both sustainable and socially responsible, thanks to medium-to-long-term strategies that take account of ESG indicators and are able to make a positive contribution to society and the context in which they operate.

This is the reason why we are developing a strategic development and sustainability project that covers not only the area closely linked to ESG investments, but includes a comprehensive “re-thinking” of the Bank and its overall management approach, also including all its aspects, ranging from Wealth Management and the Financial Advisor Network to Human Resources and Governance, passing through Communications and Integrated Reporting.

In 2018, Banca Generali’s activities generated a Global Value Added amounting to € 729.5 million.

50,4%
No. of female employees
164.114
Employee training hours
€ 729,5 milioni
Network training hours

Advisory and products

The central role played by sustainability issues shapes our commercial approach, wealth advisory service and product and service offer. Our products and services seek to meet the threefold purpose of excellence in customer service, innovation and sustainable growth. We add a new sustainability-related dimension to our traditional financial allocation methodology: the starting point is the United Nations 17 Sustainable Development Goals (SDGs), which customers can select to best realise their own investment prospects by availing of our platform, develop in partnership with MainStreet Partners.

For further information, discover the figures referring to customers

Human Resources

Our strategy also places huge value on people, encouraging constant development of skills and training combined with a functional review procedure and transparency in the remuneration, incentive and performance management systems.

For further information, discover the figures referring to our human resources

Corporate Governance

As concrete proof of our major interest in these issues, a number of measures have been implemented at Corporate Governance level, designed to bring about real integration of sustainability in the business strategy and culture, so that it is fully embraced and shared, starting with the decision-making bodies. In March 2018, the Board of Directors set up an internal Board committee — the Nomination, Governance and Sustainability Committee — and also allocated all sustainability-related responsibilities to the General Counsel Area as from September 2018. The measures introduced include, for example, the new Charter of Sustainability Commitments, the new Environment and Climate Policy, and the new Diversity Policy for Members of the Company Bodies.

For further information, discover the figures referring to our corporate governance system

Environment

We are also committed to reducing the environmental impacts by reducing consumption. This commitment was exemplified during 2018 when more than 400 Banca Generali employees moved to the Zaha Hadid Tower at CityLife (Milan), a symbol of a sustainable building that reduces energy consumption. We want to achieve the goals and targets defined in the Group’s Environmental and Climate Policy by committing to reducing in greenhouse gas emissions and electricity, water and paper consumption. Thanks to our constant and concrete commitment in these areas, we received a full investment grade sustainability rating of EE (on a scale of EEE to F) awarded by Standard Ethics, an independent sustainability rating agency.

For further information, discover the figures referring to our environmental policies.

Communications

The policies and actions aimed at achieving the sustainable development goals become more effective the more we are able to promote and disseminate them through events and communication activities. This is why, we are engaged in numerous initiatives, both at the level of awareness-raising campaigns — such as The Human Safety Net, “Campioni di Vita” or the partnership with FAI (Italian Environment Fund) — and in the academic and research field — such as the recent collaboration with SDA Bocconi’s Sustainability Lab investigating millennials’ propensity to ESG investments.

For further information, discover our initiatives for the communities and our sponsorships.

Discover our sustainable offer

We promote sustainable investments and support our customers in building portfolios that can take into account their personal ESG (environmental, social and governance) sensibilities.