UniCredit S.p.A., a leading European commercial bank, is headquartered in Milan, Italy. Established in 1998, UniCredit has grown to become a significant player in the banking industry, with a strong presence across Central and Eastern Europe, as well as in Germany and Austria. The bank offers a comprehensive range of financial services, including retail banking, corporate banking, and investment solutions, distinguished by its customer-centric approach and innovative digital offerings. With a commitment to sustainability and responsible banking, UniCredit has achieved notable milestones, including recognition for its efforts in environmental, social, and governance (ESG) practices. As one of the largest banks in Europe, UniCredit continues to strengthen its market position through strategic partnerships and a focus on enhancing customer experience, making it a trusted choice for individuals and businesses alike.
How does Unicredit's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Unicredit's score of 82 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, UniCredit reported total carbon emissions of approximately 26,072,000 kg CO2e for Scope 1, 21,422,000 kg CO2e for Scope 2 (market-based), and 29,683,000 kg CO2e for Scope 3 emissions. This reflects a significant reduction in Scope 1 emissions from 33,162,000 kg CO2e in 2021 and a decrease in Scope 2 emissions from 32,938,000 kg CO2e in 2021. The bank's total Scope 1 and 2 emissions have decreased from 41,211,000 kg CO2e in 2020 to 26,072,000 kg CO2e in 2023. UniCredit has committed to achieving Net Zero for its own emissions (Scope 1 and 2) by 2030 and for financed emissions by 2050, as part of its membership in the Net Zero Banking Alliance (NZBA). This commitment underscores the bank's focus on reducing its environmental footprint while acknowledging that financed emissions constitute a significant portion of its climate impact. The bank aims to manage its own emissions effectively as a critical step towards becoming a Net Zero institution.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 70,096,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 260,231,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 11,808,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Unicredit is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.