MSCI, the index that measures companies’ resilience to ESG risks, recognises Generali’s sustainability leadership as it confirms the Italian insurer’s “AAA” ESG rating.
The MSCI analysis, involving more than 8,500 companies, has once again assigned Generali the highest possible score, which the Group also received in 2022.
MSCI’s assessment highlights the insurer’s integration of advanced climate risk management practices by assessing the impact of different climate scenarios on underwriting activities and the investment portfolio.
It also referenced the Group’s leadership in human capital management, its promotion of responsible investments, and cybersecurity systems.
Generali has also recently been confirmed in the Dow Jones Sustainability World Index (DJSI), which represents the top 10% of the 2,500 companies in the S&P Global BMI index based on long-term economic, environmental, and social criteria.
As well as in the Dow Jones Sustainability Europe Index (DJSI Europe), which focuses on the European sustainability leaders.
According to the insurer, its positioning in the 2023 indices particularly highlights its 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.
Its 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.
