Generali recognised as leader in sustainability by MSCI ESG
11 December 2023 - 11:35
Milan – Generali confirms its leadership in sustainability according to MSCI, the index that measures companies' resilience to ESG risks. The MSCI analysis, involving more than 8,500 companies, confirmed the "AAA" ESG rating, recognizing again this year the highest possible score, which the Group received in 2022.
MSCI's assessment highlights Generali's integration of advanced climate risk management practices by assessing the impact of different climate scenarios on underwriting activities and the investment portfolio. MSCI also referenced the Group's leadership in human capital management, its promotion of responsible investments, and cybersecurity systems.
Furthermore, in recent days, Generali has been confirmed in the Dow Jones Sustainability World Index (DJSI) and in the Dow Jones Sustainability Europe Index (DJSI Europe). Generali's positioning in the 2023 indices particularly highlights the distinctive approach in terms of transparency and reporting, tax strategy, risk management, attention to cyber security and climate change strategy.
Marco Sesana, Generali Group General Manager, said: “The excellent positioning in the most important international sustainability ratings confirms the Group's strategic commitment to contributing to the construction of a more just and resilient society. Today, all our activities are inspired by the ambition to be a Lifetime Partner, integrating sustainability into our four roles: as a responsible insurer, investor, employer, and corporate citizen.”
MSCI ESG Research provides studies, assessments, and analysis on thousands of companies worldwide from the perspective of business, environmental, social and governance practices. The goal is to offer institutional investors the critical insights that can help them identify risks and opportunities not highlighted by traditional investment research. MSCI's ESG ratings are also used in the construction of the MSCI ESG Indexes, produced by MSCI, Inc.
The Dow Jones Sustainability World Index represents the top 10 percent of the 2,500 companies in the S&P Global BMI index based on long-term economic, environmental, and social criteria, while the Dow Jones Sustainability Europe Index focuses on the European sustainability leaders.