Generali among the top 100 sustainable corporations worldwide

Thursday, Feb 13, 2020 08:30

Generali has implemented many sustainable business, environmental and social initiatives in Viet Nam. — Photo courtesy of the company

Generali has been listed among the Corporate Knights’ 2020 Global 100 Most Sustainable Corporations, a ranking of the world’s 100 most sustainable corporations.

Now in its 16th edition, the Corporate Knights’ ranking was released after an assessment of 7,395 companies with more than US$1 billion in revenues.

Among the “2020 Global 100” companies, 49 hail from Europe, 29 from the US and Canada, 18 from Asia, three from South America, and one from Africa.

This recognition highlights the evolution of Generali's sustainability journey, which is an integral part of the "Generali 2021" strategic plan.

Generali has set the goal of 4.5 billion euros ($4.9 billion) in green and sustainable investments and 7-9 per cent growth of gross written premiums in green and social products by 2021.

In September last year, Generali issued the first green bonds in the European insurance sector for 750 million euros ($818.9 million).

Its commitment to sustainability is also attested by the numerous sustainability indices such as the Dow Jones Sustainability World Index, the Dow Jones Sustainability Europe Index, MSCI ESG Leaders Indexes, FTSE4Good Europe and Euronext Vigeo Europe 120.

Generali is one of the largest global insurance and asset management providers. Established in 1831, the insurance company is present in 50 countries, including Viet Nam, and earned a premium income of more than 66 billion euros ($72.04 billion) in 2018.

In Viet Nam, Generali has implemented many sustainable business, environmental and social initiatives. During nine years of operation, Generali Vietnam has developed a network of over 60 agency offices and customer service centres that serve more than 200,000 clients. — VNS

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