Sustainability Report 2012 - Generali Versicherung AG

GRIINDICATORSDESCRIPTIONASPECT: Economic performanceEC1. CoreDirect economic value generated and distributed, including revenues, operating costs, employee compensation,donations and other community investments, retained earnings, and payments to capital providers andgovernments.EC2. CoreEC3. CoreEC4. CoreGRIINDICATORSFinancial implications and other risks and opportunities for the organization's activities due to climate change.Coverage of the organization's defined benefit plan obligations.Significant financial assistance received from government.DESCRIPTIONASPECT: Market presenceEC5. AdditionalEC6. CoreEC7. CoreRange of ratios of standard entry level wage by gender compared to local minimum wage at significant locations ofoperation.Policy, practices, and proportion of spending on locally-based suppliers at significant locations of operation.Procedures for local hiring and proportion of senior management hired from the local community at locations ofsignificant operation.ASPECT: Indirect economic impactsEC8. CoreEC9. AdditionalDevelopment and impact of infrastructure investments and services provided primarily for public benefit throughcommercial, in-kind, or pro bono engagement.Understanding and describing significant indirect economic impacts, including the extent of impacts.ENVIRONMENTAL PERFORMANCE INDICATORSDisclosure on management approachSafeguarding the environment as a primary asset is one of the guiding values of the Generali Group, which is committed to gearingits own choices towards guaranteeing compatibility between economic initiatives and environmental requirements. Objectives andcommitments with the aim of making a positive contribution to sustainable development are defined in the Environmental Policy ofthe Generali Group. Specific targets for both direct and indirect environmental impacts are defined in the document Group Objectivesand targets for environmental improvement. Actions to work towards attaining the Group objectives and targets are described in theEnvironmental Programme.The key environmental aspects are managed through an Environmental Management System (EMS) which complies with therequirements of the ISO 14001 standard and meets some ethical requirements. Such System currently involves six of the mostimportant countries for corporate business, i.e. Italy, Austria, France, Germany, Spain and Switzerland.The System is supported by an organizational structure in the Head Office that is composed of the EMS Review Committee and theEMS Committee, the mebers of which are also the Country EMS representatives. The task of coordinating these Committees anddrafting documentation for the System at Group level is carried out by the Corporate Social Responsibility unit. Some countries havealso national structures with solely environmental powers that support local Country CSR Committees in their activities.ASPECT: MaterialsEN1. CoreMaterials used by weight or volume.EN2. CorePercentage of materials used that are recycled input materials.ASPECT: EnergyEN3. CoreEN4. CoreDirect energy consumption by primary energy source.Indirect energy consumption by primary source.148 | Assicurazioni Generali - Sustainability Report 2012