The Sustainability Report of Generali is in line with the core principles of balance, comparability, accuracy, clarity, timeliness and reliability, and identifies our stakeholders according to the AA1000 standard. It also complies with the G4 reporting guidelines of the Global Reporting Initiative (GRI), applying the in accordance - core option, and the relative Sector Disclosures for Financial Services. The GRI Content Index is available from the online document.
The document is drafted annually and its timeframes are similar to those of the Annual Integrated Report and Consolidated Financial Statements: the Sustainability Report is approved by the Board of Directors of Assicurazioni Generali after that in which the financial performance is approved, published on the website and distributed during the General Meeting.
Our report seeks to provide a balance of positive and negative aspects with relative comments, where appropriate. The information and data mainly refer to the year that ended on 31 December 2015 even if more recent information is also provided. Further information, details and updates are available from the website or other Group documents. The following icons are used to identify the most significant information:
Other icons are used to denote the link between our stories, whose titles appear on a coloured band, and some of the 17 Sustainable Development Goals, which were launched by the United Nations in September 2015 and which called Governments, businesses and society to take global action with regard to various sustainable development issues:
To guarantee the comparability of the most significant indicators over time and to enable readers to compare results on a like-for-like basis, current values are presented alongside those of one or more previous periods using graphics and tables. Sometimes data are rounded to the first decimal place or to the whole number, meaning that their sum may not be exactly the same as the total.
The information refers to the Group’s consolidation scope. Where this is unavailable, it refers to the sustainability reporting scope, which has remained unchanged compared with last year and in line with the focus on the Group’s insurance activities, with the exclusion of the companies of the Europ Assistance group. The only difference lies in the new inclusion of the Czech Republic in the scope of the Environmental Management System. The data at country level are available from the website.
The Sustainability Report has not undergone external assurance, the Group preferring to concentrate its available resources on improving its social and environmental performance and the efficiency of the reporting process, in terms of both quality and quantity, and in accordance with the interests of our stakeholders. However, since 2011 we have requested and obtained ISO 14064-1 certification from certification body RINA Services S.p.A. for direct emissions deriving from the direct burning of fossil fuels for heating, for the production of electricity and thermal energy, and for running the corporate fleet (Scope1), and for indirect emissions from energy consumption (Scope2). The data regarding the 2015 emissions are currently being certified.