Generali wins the 2020 “Oscar di Bilancio”
25 November 2020 - 18:30
- The Group was awarded for the clarity, methodological rigour and transparency of its 2019 Annual Integrated Report
Milan – Generali has won the 2020 “Oscar di Bilancio” (the Academy Award for Financial Statements), a prestigious award presented by FERPI (Italian Federation of Public Relations), in the Listed Financial Companies category.
The “Oscar di Bilancio” is awarded every year to the organisations that stand out the most for the disclosure of their activities through the annual report, at the same time demonstrating a willingness to share results and objectives with their stakeholders.
The Jury awarded the 2019 Annual Integrated Report of the Generali Group on the basis of its clarity, methodological rigour and transparency, as well as for the innovative and comprehensive approach in “fully integrating non-financial information (Non-Financial Statement) in the annual report, making the document easy to read, with a perfect balance between necessary details and conciseness. The 2019 Annual Integrated Report highlights the key points of the NFS, referring to specific documents or other sections of the Report itself for additional details, with an effective ‘Core and More’ approach.”
The Generali Group CFO, Cristiano Borean, commented: “We are very proud of this award, which confirms our commitment to report on the Group’s sustainable value creation, with an integrated view that brings together financial and non-financial performance. Our Annual Integrated Report is also an essential tool to demonstrate with transparency to all our stakeholders the progress on the Generali 2021 strategic plan, as well as the role as Lifetime Partner to our customers.”
Now in its 56th edition, the “Oscar di Bilancio” is a long-established event promoted by FERPI with Borsa Italiana and Bocconi University, with the aim of promoting and spreading a business culture that is able to link financial performance and strategy with the social and environmental context in which companies operate. The winners of the various categories were announced during the award ceremony, which was broadcast online.