"Our biggest challenge in this new century is to take an idea that seems abstract – sustainable development – and turn it into a reality for all the world’s people."
At Generali Real Estate, taking a proactive stance in reducing the environmental impact of our portfolio is not enough. Environmental, social and governance (ESG) metrics and monitoring are integrated in every stage of our business operations, with a market-leading portfolio of sustainability credentials as well as best practice asset and property management and a sustainable approach to construction and to urban development.
The buildings sector consumes around 40% of the world’s energy and contributes up to 30% of global annual greenhouse gas emissions. Given this impact, sustainability is a key focus for Generali Real Estate and at Generali Group level. Generali Real Estate recognizes that the real estate sector is a key contributor to global megatrends such as climate change. There is an opportunity for Generali Real Estate to drive large impact and demonstrate leadership within the market.
The Responsible Property Investment Guidelines (RPIG) is the frame for the Corporate Governance for Generali Real Estate Sustainability, encompassing the activities within a structured framework that guides all the future endeavors and ensure that the environmental priorities become a reality.
Read Generali Real Estate Sustainability Policy
Generali Real Estate aligns the focus of its ESG strategy, in addition to the regulatory needs, primarily to the needs of the internal and external clients. This is reflected in the commitments undertaken and the tools introduced.
As far as regulation is concerned, major focus is given to the SFDR regulation and to the incoming EU Taxonomy and to national regulations affecting the real estate business (eg. Tertiary Decree in France).
Please visit Regulatory section for further details on GRE SFDR policy.