Assicurazioni Generali SpA

Common Name
Assicurazioni Generali
Country
Italy
Sector
Financial Services
Industry
Insurance - Diversified
Employees
87,909
Ticker
G
Exchange
EURONEXT MILAN
Description
Generali S.p.A. is a prominent global financial services company primarily focused on insurance and asset management. Established in 1831 in Trieste, Italy, Generali has evolved into one of the larges...

Assicurazioni Generali's Climate Target Data Preview

As of 2024, Assicurazioni Generali has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 4 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Assicurazioni Generali ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Written Premium
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Written Premium
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Enterprise Value Including Cash / Portfolio companies (EVIC)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Assicurazioni Generali’s Climate Targets Data

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a. Assicurazioni Generali's Integrated Report 2024
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Insights into Assicurazioni Generali's Greenhouse Gas Emissions Pathways

As of 2024, Assicurazioni Generali has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations. a

Does Assicurazioni Generali have a target to reduce the emissions from its value chain?

As of 2024, Assicurazioni Generali has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Assicurazioni Generali's most ambitious value chain target is to reduce these emissions by 60% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Enterprise Value Including Cash / Portfolio companies (EVIC) in 2019. a

As of 2024, Assicurazioni Generali is ahead of schedule on its value chain emissions reduction target, having achieved 85.17% of the planned reduction. a

Assicurazioni Generali's Value Chain (Scope 3) Emissions Pathway

20192024203000000BaselineCurrent (-51%)

Does Assicurazioni Generali have a target to reduce its total carbon footprint?

As of 2024, Assicurazioni Generali has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Assicurazioni Generali's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 139,692 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 60% by 2030. a

As of 2024, Assicurazioni Generali is ahead of schedule on its total carbon footprint reduction target, having achieved 76.8% of the planned reduction. a

Assicurazioni Generali's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2019202420252030035 k70 k105 k140 kBaselineCurrent (-46%)Target 2025 (-35%)Target 2030 (-60%)
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