Sustainability Documents
To download and view the documentation on the sustainability policies of Banca Generali.
| Sustainability Policy | It aims to define the strategic principles of the Banking Group in the field of sustainability by defining the Sustainability Framework in order to identify, assess and manage risks and opportunities related to ESG factors. |
| Charter of Sustainability Commitments | It defines the long-term strategic goals for doing business responsibly and living in the community, helping to create a healthy, resilient and sustainable society. |
| Rules Regulating the Proceedings of Meetings of the Board of Directors and of Board Committees | They describe in detail the functioning of the corporate bodies, particularly focusing on the Nomination, Governance and Sustainability Committee, which oversees the Group’s capacity to create long-lasting value. |
| Diversity Policy for Members of Company Bodies | It lays down the criteria for promoting diversity in terms of various aspects, such as gender, age, position, skills, educational background and professional profile within the organisation, starting with the composition of its company bodies. |
| Policy for Managing Engagement with All Shareholders | Banca Generali is committed to managing dialogue with all its shareholders through fair, transparent and differentiated forms of engagement, in the belief that establishing and maintaining a constant and ongoing relationship with all major stakeholders is in its own specific interest, as well as a duty towards the market. To this end the Bank's Board of Directors approved this policy for the management of the aforementioned activities in line with the legal, regulatory and self-regulatory requirements in force. |
| Rules of the Board of Statutory Auditors | These Rules have been adopted by the Company’s Board of Statutory Auditors to bring the policies, rules, and procedures governing the functioning of corporate governance relating to the aforementioned body into compliance with the law and Articles of Association, as well as with the principles of the Supervisory Regulations. The Rules are also intended to ensure that the corporate governance rules applicable to the said body conform to the principles laid down in the Corporate Governance Code. |
| Internal Code of Conduct | It establishes the rules of conduct for those who work or act on behalf of Banca Generali to ensure conduct in accordance with the highest standards of business integrity with regard to the OECD Guidelines for Multinational Enterprises and Corporate Governance Principles, UN and ILO conventions for the universal protection of human and workers' rights and the UN Global Compact. |
| Ethical Code for Suppliers of the Generali Group | It delineates the principles of behaviour and conduct expected of contractual partners offering services or products to Banca Generali, with regard in particular to compliance with the principles of ethics, propriety, fairness and transparency, as well as compliance with the laws on data protection, worker protection and environmental protection. |
| Whistleblowing Procedure | It lays down the principles, methods and control measures adopted to manage reports of laws and company regulations, ensuring the identity of whistleblowers remains confidential and that they are protected against retaliation. |
| Organisational and Management Model | It sets out the system for identifying and mitigating the risks that members of the company bodies and those who work or act on behalf of the Bank may commit the offences identified in Legislative Decree No. 231 of 2001 in the interest of the organisation, including offences against the public administration, tax offences, occupational health and safety offences and environmental offences. |
| Policy for Managing Money-Laundering and Terrorist Financing Risks | It formulates the roles, responsibilities, processes and internal control systems that prevent the risk of money-laundering and terrorist financing in the conduct of the activity. |
| Wolfsberg Group Correspondent Banking Due Diligence Questionnaire | It details the characteristics of the system and procedures adopted to prevent money-laundering and terrorist financing in the conduct of the Group's activities on the basis of the questionnaire prepared by the Wolfsberg Group. |
| Policies on connected party transactions | They establish the system for identifying and mitigating the risks that the proximity of certain individuals to the Bank's decision-making centres may jeopardise the objectivity and impartiality of decisions regarding the granting of loans and other transactions potentially detrimental to depositors and shareholders. |
| Tax Strategy | It describes the tax strategy as an essential element of the Tax Control Framework (TCF), defining how the tax variable is managed in a safe and prudent way. |
| Guidelines on Integrating Sustainability Factors into Investment Services, Collective Management, and Active Ownership | It defines how the Banking Group integrates consideration of ESG factors into Investment Services, Collective Management and Active Ownership |
| Conflicts of Interest Management Policy | It sets out the system protecting clients' interests in the provision of investment services and activities, and additional services. |
| Remuneration Policy and Report | It illustrates the pillars of the policy and mechanisms of operation of the structure of the incentive system for the Banking Group's key personnel, focusing on the alignment of performance objectives and indicators with strategic targets, including ESG objectives. |
| Personal Data Protection Policy | It lays down the key principles and fundamental requirements of reference in processing the personal data of clients, personnel and other relevant stakeholders in accordance with the European General Data Protection Regulation. |
| Security Policy | It describes the objectives, basic principles and main responsibilities regarding security protection at Banca Generali, including cybersecurity and the protection of the Group's operating continuity. |
| Annual Integrated Report | It describes Banca Generali Group's sustainability performance according to the integrated reporting framework issued by the International Integrated Reporting Council and a set of indicators selected by the GRI Sustainability Reporting Standard. |
| Independent Auditors’ Report on the Consolidated Non-Financial Statement | It certifies the results of the limited assurance on the ESG performance conducted by the auditing firm according to the ISAE 3000 Revised standard and included in the Non-financial Statement. |
| Investor presentation on ESG | Summary of Banca Generali's sustainability model, strategies and performance. |
| Corporate Governance Report | It highlights Banca Generali’s degree of compliance with the principles and application criteria established by the Corporate Governance Code of Borsa Italiana and international best practices. |
| Country by Country Report | It details the nature of the activity performed and, separately for each country, the amount of turnover generated, profits earned, taxes paid, number of employees and amount of public funding received. |
| Tax Transparency Report | The tax transparency report details tax strategy and principles; tax risk governance, management and control system; relationship with the tax authority and stakeholders; and finally tax reporting. |
| Pillar 3 Public Disclosure | Within the framework of the banking regulatory system governed by the Basel Accords (Basel 3), Pillar 3 represents the “disclosure requirements” that complement the regulatory capital requirement (Pillar 1) and supervisory review process (Pillar 2). It provides an overview of the risks assumed, the characteristics of the related systems aimed at identifying, measuring and managing the said risks and the capital adequacy of the Banca Generali Group. |