- Geopolitical and financial instability
- Digital revolution and cybersecurity risks
- Climate change (physical and transition risks)
- Ageing population and evolving welfare needs
Assicurazioni Generali S.p.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Assicurazioni Generali S.p.A. disclosed greenhouse gas emissions of 90.4K tCO2e/year. By scope: Scope 1: 36.1K tCO2e/year; Scope 2: 13.6K tCO2e/year; Scope 3: 40.7K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
90.4K tCO2e/year
2023
Renewable Energy
87.1%
of total energy
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 36.1K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 13.6K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 40.7K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 90.4K tCO2e/year |
| 2022 | 55.8K tCO2e (Scope 1 & 2) |
| 2020 | 77.5K tCO2e/year |
| 2017 | 112.8K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced GHG emissions from Group operations by 33.4% vs 2019 baseline (90,366 tCO2e)
- Reduced carbon footprint of investment portfolio (EVIC) by 46.2% vs 2019 baseline (98 tCO2e/€ mln)
- € 9,126 million in new green and sustainable investments (2021-2023)
- 87.1% of total electricity purchased from renewable sources
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions from Group operations by at least 35% by 2025 (vs 2019)
- Reduce carbon footprint of direct investments in listed equities and corporate bonds by 25% by 2024 (vs 2019)
- Align at least 30% of the real estate portfolio with the 1.5°C warming trajectory by 2024
📅 Medium-term
- Achieve net-zero GHG emissions from Group operations by 2040
- Achieve net-zero GHG emissions from investment portfolio by 2050
🔭 Long-term
- Achieve net-zero GHG emissions from insurance portfolio by 2050
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionGovernanceSocial InclusionSustainable Business Practices for SMEs