We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
InfluenceMap Data Point on Corporate - Influencer Relationship
As of March 2023, Santo BORSELLINO is on the board of EFAMA
Santo BORSELLINO (Generali Investments)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
Generali Investments is a member of EFAMA
InfluenceMap Data Point on Corporate - Influencer Relationship
As of March 2023, Santo BORSELLINO is on the board of EFAMA
Santo BORSELLINO (Generali Investments)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
Generali Investments is a member of EFAMA
InfluenceMap Data Point on Corporate - Influencer Relationship
Sandro Panizza is Vice-President of Insurance Europe. As of March 2023, Sandro Panizza is no longer vice-president of Insurance Europe.
Sandro Panizza (Group chief insurance & investment officer of Generali Group)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
As of March 2023, six Generali representatives sit on Insurance Europe's committees and working groups
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
Generali is a member of ANIA which is a national association member of Insurance Europe
InfluenceMap Data Point on Corporate - Influencer Relationship
Frédéric de Courtois is Vice-President of Insurance Europe
Frédéric de Courtois (General Manager, Generali Group)
InfluenceMap Data Point on Corporate - Influencer Relationship
Sandro Panizza is Vice-President of Insurance Europe. As of March 2023, Sandro Panizza is no longer vice-president of Insurance Europe.
Sandro Panizza (Group chief insurance & investment officer of Generali Group)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
As of March 2023, six Generali representatives sit on Insurance Europe's committees and working groups
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
Generali is a member of ANIA which is a national association member of Insurance Europe
InfluenceMap Data Point on Corporate - Influencer Relationship
Frédéric de Courtois is Vice-President of Insurance Europe
Frédéric de Courtois (General Manager, Generali Group)
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of March 2023, Generali Bank is a member of ABI which is a national association member of EBF
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of March 2023, Generali Bank is a member of ABI which is a national association member of EBF
not specified
--no extract--
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Open PDF file of Data Source
Sustainable Finance Lobbying Overview: Generali appears to have had limited engagement with sustainable finance policy.
Top-line Messaging on Sustainable Finance Policy: Generali has stated support for keeping global warming below 1.5C and for net-zero by 2050. It is also part of the Net-Zero Asset Owners Alliance and Net-Zero Insurance Alliance.
Position on Sustainable Finance Policy: In feedback to the European Commission's consultation on the Renewed Sustainable Finance Strategy in 2020, Generali stated broad support for the taxonomy and the update of the Non-Financial Reporting Directive (NFRD). Similarly, in comments on the revision of the NFRD in 2020, it supported mandatory disclosures for SMEs and the expansion of scope to a wider range of companies. However, in response to the European Financial Reporting Advisory Group (EFRAG) on the European Sustainability Reporting Standards (ESRS), Generali argued against the number of sector-agnostic disclosure requirements, suggesting they were too granular. It also urged for an ISSB-aligned definition of materiality, which is based on enterprise value rather than double materiality. In website articles in 2021-2022, Generali offered broad support for the EU Taxonomy and the EU Green Bond Standard. Generali has also supported the Sustainable Finance Disclosure Regulation (SFDR) but has highlighted that some of the data required by the regulation is currently inconsistent and calculated according to diverging methodologies.
Lobbying Transparency: Generali has stated that it is engaging with policymakers and has disclosed some activities carried out in climate-related initiatives and working groups, however, it has not described any positions on sustainable finance policies. Generali has disclosed some organizations it is a member of, but with no further details on indirect influence governance. It is also missing key memberships and participation in committee and working groups, such as EuropeanIssuers, Insurance Europe and European Fund and Asset Management Association (EFAMA).