Generali confirmed as sustainability leader with “AAA” rating from MSCI ESG
23 December 2024 - 10:06
- The Group was also included in the Dow Jones Sustainability World Index for the seventh consecutive year
Milan – Generali’s strong sustainability efforts have once again been recognized by MSCI, the index that measures companies’ resilience to ESG risks. The MSCI analysis, which involves over 8,500 companies globally, confirmed the “AAA" ESG rating for the Group for the third consecutive year, highlighting Generali as one of the "Leader" companies, which have the highest score in terms of managing risks and opportunities related to sustainability.
Among the main factors considered in this assessment, MSCI highlighted Generali's integration of advanced climate risk management practices, through the measurement of the impact of different climate scenarios on underwriting activities and the investment portfolio. MSCI also underlined the Group’s leadership in promoting sustainable investing, human capital development and governance practices.
Furthermore, Generali was also confirmed for the seventh consecutive year in the Dow Jones Sustainability World Index (DJSI) and for the sixth consecutive year in the Dow Jones Sustainability Europe Index (DJSI Europe), demonstrating the Group’s distinctive approach in terms of transparency and reporting, tax strategy, human capital management, attention to cybersecurity and climate change strategy.
Marco Sesana, Generali Group General Manager, commented: “We are extremely proud to be confirmed once again as a leader at the top of the main ESG ratings. These results reflect our strong commitment to integrate sustainability into our core business, as a responsible insurer, investor, employer and corporate citizen. We will continue in this direction always doing our part to navigate the global challenges, including climate change, with the aim of creating sustainable value for all our stakeholders".
MSCI ESG Research provides analysis on thousands of companies internationally, assessing exposure to sector-specific environmental, social and governance risks and the ability to manage these compared to competitors. The ratings, also integrated into the MSCI ESG Indices, support institutional investors in evaluating risks and opportunities not highlighted in traditional investment research.
The Dow Jones Sustainability World Index represents the top 10% of the 2,500 companies included in the S&P Global BMI index based on long-term economic, environmental and social criteria, while the Dow Jones Sustainability Europe Index brings together the European companies that are leaders in sustainability.