As one of the major insurance and financial players on the international scene, the Generali Group has come to encompass the interests and expectations of a number of stakeholders: members of staff, shareholders and investors, clients, suppliers, issuing companies, institutions and local communities.

Throughout its history, the Group has been distinguished for its marked attention to members of staff, shareholders and the local community, based on the observance of a system of values such as professionalism, transparency and responsibility.

The Group’s growing commitment in the various realms of sustainability has led to the establishment of dedicated bodies and new corporate departments committed to making not only economic, but also social and environmental issues a constant focus of attention. In particular, as far as the environment is concerned, at end 2008 the decision was made to launch an important international project aimed at introducing a corporate Environmental Management System (EMS).

The Generali Group’s Ethical Code was approved in May 2004 by the Parent Company’s Board of Directors, setting out the general principles to be followed by Group companies in the accomplishment of their business. The document was drawn up on the basis of principles and values shared and disseminated throughout all the countries in which the Group has operations. Other documents have been published over the following years, building on the principles set out by the Ethical Code and defining them in relation to particular stakehlders. In particular, the Generali Group Sustainability Report has been published since 2005. Starting from the 2007 Report, the document is also subject to approval from the Parent Company’s B.o.D.

The belief that durable economic growth is inextricably related to business sustainability is at the heart of the ethical policy adopted in corporate strategies. To stress its commitment in this area, in 2007 Generali adhered to the UN Global Compact. Also in accordance with the Group’s effort to identify and ensure the transparency of the principles inspiring its strategies, policies and actions, is the decision to adopt the ethical criteria set out by the Norwegian Government Pension Fund-Global for its investments in financial instruments.

Furthermore, Assicurazioni Generali is listed on the ECPI Ethical Index Euro.