(Tiper Stock Exchange) – General Bank is increasingly focused on sustainable finance e double the ESG masses: in the middle of the 2022-24 three-year plan, these increased from 6.5 billion at the end of 2021 (equal to 14.6% of the total managed) to €14.1 billion at the end of June 2023 (33.7% of assets under management).
The data emerged during the presentation of the photographic project “BG4SDGs – Time To Change”, supported by Banca Generali and curated by the photographer Stefano Guindaniwhich provides a suggestive representation of the challenges posed by the 17 objectives of the UN Agenda for 2030.
For the end of 2024Banca Generali confirms thegoal of reaching 40% of ESG products (funds and wrappers) out of the total managed solutions.
“Banca Generali’s commitment to sustainability goes beyond the dynamics of supply and the role of custodian for the protection of assets that characterizes us and strives ever more to translate into an impact in favor of the entire community”, he underlined Gian Maria MossaChief Executive Officer and General Manager of Banca Generali”, adding “we are convinced that knowledge and awareness are essential steps to move in this direction”.
To date, the bank already has involved 71% of its employees in training activities dedicated ed 30% of the network already owns a wealth of knowledge in-depth information on ESG.
The Bank’s commitment was also recognized by specialized rating agencies: MSCI score A from the BBB of 2022, Standard Ethics EE+ at the highest in Italy, Moodys 62/100. Also noteworthy is the latest revision by Morningstar’s Sustainalytics rating agency, which recently further improved the Negligible Risk rating to 7.8 points, confirming Banca Generali’s positioning in first place in the Asset Manager & Custody Services sector out of approximately 400 global operators.