Letter from the Chairman and the Group CEO

Our Sustainability Report outlines the actions, the initiatives and the strategies pursed by a global player like Generali in order to meet the challenges of the modern world. It describes, for example, our commitment to combating climate change on occasion of the 21st Conference on climate change in Paris, a responsibility that not only regards our direct impact on the climate but also the indirect impact of our products and investment choices. And, more generally, our commitment to promoting the ten principles of the Global Compact in terms of respect for human and labour rights, environmental protection and the fight against corruption. Particular emphasis was placed on our actions to support the Sustainable Development Goals which, launched in 2015, define a programme of universal action based on 17 specific sustainable development goals.

For us, corporate social responsibility also means innovating and stimulating the business world, identifying and collaborating with the most dynamic companies, investing in start-ups and creating lasting partnerships with centres of excellence.

We do this while taking account of the general context, continuously analysing the biggest economic and social trends, dialoguing with our stakeholders and asking them to help us identify the most relevant issues.

Above all else, we are an insurer. As such, we take a prudential professional approach: we consider risks before they become dangerous. And our line of business can be summed up by the Generali Group vision: protect and improve people’s lives. In this regard, in recent years we have launched a significant process to transform our working methods. We pursue excellence, in both the design of insurance products and in our long-term relations with our clients, taking action on the basis of their real needs.

2015 was yet another successful stage of a journey that we first set out on nearly 200 years ago: the question we ask ourselves every day is how we can continue to prolong it, protecting and improving the lives of the people around us.

Gabriele Galateri di Genola

Philippe Donnet
Group CEO